Donald Trump slammed America’s tech billionaires, saying there were “too many income disparities” in the United States, as he shared a video clip of Amazon CEO Jeff’s multi-billion dollar fortune Bezos.
Trump said on Saturday that “changes must be made quickly,” after tweeting a Business Insider video showing how the country’s richest tech leaders only got richer during the coronavirus pandemic.
Meanwhile, 40 million Americans have filed for unemployment.
Trump said on Saturday there were ‘too many income disparities’ in America after tweeting video about Jeff Bezos’ enormous wealth
The President shared a Business Insider report that showed how Bezos and other tech billionaires increased their profits during the coronavirus pandemic
The report showed that Bezos, the richest man in the world, worth $ 117 billion, raised $ 48 billion between March and June.
At the same time, Eric Yuan, CEO of Zoom, saw his revenues increase by $ 2.5 billion, while former Microsoft chief and now owner of LA Clippers, Steve Ballmer, earned $ 15.7 billion. extra dollars.
Collectively, US billionaires have earned a total of $ 637 billion at the height of a global health crisis that has otherwise destroyed the economy, according to BI.
“I actually agree with that. Too much income disparity! Changes must be made, and soon! Trump said on Twitter.
The president’s comments come days after a high-profile congressional hearing in which lawmakers accused Amazon, Facebook, Apple and Google of crushing rivals to boost profits.
Report showed Bezos’ net worth increased by $ 48 billion between March and June
Bezos, the richest man in the world, has been criticized for his immense wealth over the years
America’s biggest tech companies have come under fire over the years, for their enormous power and wealth which has led to calls for their regulation by the government.
Bezos has also been criticized for his immense wealth, especially when it comes to the issue of America’s wealth disparity, with the billionaire accused of greed after revealing that Amazon avoided paying income taxes in 2018.
It also comes amid mounting pressure on Republicans and Democrats to finalize a deal for a fourth stimulus package after the government’s $ 600-a-week unemployment benefits expire this week.
Trump vowed Thursday that he would press Congress to include in the fourth COVID-19 stimulus package another round of checks for Americans – similar to the $ 1,200 checks that were handed out and signed by the president earlier this day. year.