{"id":68921,"date":"2021-06-12T17:55:19","date_gmt":"2021-06-12T21:55:19","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=68921"},"modified":"2021-06-12T17:55:19","modified_gmt":"2021-06-12T21:55:19","slug":"cnbc-anchor-demands-billionaire-tax-after-explosive-propublica-report","status":"publish","type":"post","link":"http:\/\/stateofthenation.co\/?p=68921","title":{"rendered":"CNBC Anchor Demands Billionaire Tax After Explosive ProPublica Report"},"content":{"rendered":"<h1>CNBC\u2019s Jim Cramer Calls For Billionaire Tax After ProPublica Report: \u2018These Revelations Make Me Sick\u2019<\/h1>\n<p><!--more-->By Joe DePaolo<br \/>\nMEDIAite<\/p>\n<p>CNBC\u2019s\u00a0<strong>Jim Cramer<\/strong>\u00a0is calling for a billionaire\u2019s tax following the release of a\u00a0<a href=\"https:\/\/www.propublica.org\/article\/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax\" target=\"_blank\" rel=\"noopener\">stunning ProPublica report<\/a>\u00a0earlier this week exposing the IRS returns of the mega-rich, and showing how little they pay in taxes.<\/p>\n<p>Speaking about the topic during Friday\u2019s\u00a0<em>Squawk on the Street<\/em>, the CNBC analyst was asked by host\u00a0<strong>Andrew Ross Sorkin<\/strong>\u00a0about a tweet he\u2019d just fired off in which he called for the tax.<\/p>\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe id=\"twitter-widget-0\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?creatorScreenName=joe_depaolo&amp;dnt=false&amp;embedId=twitter-widget-0&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3R3ZWV0X2VtYmVkX2NsaWNrYWJpbGl0eV8xMjEwMiI6eyJidWNrZXQiOiJjb250cm9sIiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1403315759779139584&amp;lang=en&amp;origin=https%3A%2F%2Fwww.mediaite.com%2Ftv%2Fcnbcs-jim-cramer-calls-for-billionaire-tax-after-propublica-report-these-revelations-make-me-sick%2F&amp;sessionId=08dc6c2794a1bcadd707bb26085c02c91390901e&amp;siteScreenName=mediaite&amp;theme=light&amp;widgetsVersion=82e1070%3A1619632193066&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1403315759779139584\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p class=\"o-no-text\">\n<p>Cramer confirmed his position.<\/p>\n<p>\u201cWhy not put a surtax on billionaires?\u201d Cramer said \u2014 noting\u00a0<strong>Abraham Lincoln\u2019s<\/strong>\u00a0support for a graduated tax.<\/p>\n<p>Although it might seem that such a stance might ruffle feathers of the CNBC crowd, Cramer said he did not expect his take to be controversial, given that his proposal stands to impact only the richest of the rich.<\/p>\n<p>\u201cThere\u2019s not billions of billionaires,\u201d Cramer said. \u201cLet\u2019s come up with something for this small group!\u201d<\/p>\n<p>Sorkin asked if Cramer is seeking a wealth tax in the mold of Sen.\u00a0<strong>Elizabeth Warren<\/strong>\u00a0(D-MA). The CNBC analyst said no, and added later in the interview, \u201cDoes Elizabeth Warren talked about [the tax] in a way that I think is a little bit too severe? Yes.\u201d<\/p>\n<div id=\"AdThrive_Content_1_desktop\" class=\"adthrive-ad unit-wrap adthrive-content adthrive-content-1\"><\/div>\n<p>But Cramer also said, \u201cThere\u2019s an elite group of people and this society has to start addressing this inequality.\u201d<\/p>\n<p>The CNBC analyst fleshed out his position in Tweets after the segment.<\/p>\n<p>\u201c[T]hese revelations make me sick,\u201d he wrote at one point.<\/p>\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe id=\"twitter-widget-1\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?creatorScreenName=joe_depaolo&amp;dnt=false&amp;embedId=twitter-widget-1&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3R3ZWV0X2VtYmVkX2NsaWNrYWJpbGl0eV8xMjEwMiI6eyJidWNrZXQiOiJjb250cm9sIiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1403334318852907015&amp;lang=en&amp;origin=https%3A%2F%2Fwww.mediaite.com%2Ftv%2Fcnbcs-jim-cramer-calls-for-billionaire-tax-after-propublica-report-these-revelations-make-me-sick%2F&amp;sessionId=08dc6c2794a1bcadd707bb26085c02c91390901e&amp;siteScreenName=mediaite&amp;theme=light&amp;widgetsVersion=82e1070%3A1619632193066&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1403334318852907015\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p class=\"o-no-text\">\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe id=\"twitter-widget-2\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?creatorScreenName=joe_depaolo&amp;dnt=false&amp;embedId=twitter-widget-2&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3R3ZWV0X2VtYmVkX2NsaWNrYWJpbGl0eV8xMjEwMiI6eyJidWNrZXQiOiJjb250cm9sIiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1403335027367231491&amp;lang=en&amp;origin=https%3A%2F%2Fwww.mediaite.com%2Ftv%2Fcnbcs-jim-cramer-calls-for-billionaire-tax-after-propublica-report-these-revelations-make-me-sick%2F&amp;sessionId=08dc6c2794a1bcadd707bb26085c02c91390901e&amp;siteScreenName=mediaite&amp;theme=light&amp;widgetsVersion=82e1070%3A1619632193066&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1403335027367231491\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p class=\"o-no-text\">\n<p>Watch above, via CNBC.<\/p>\n<p>___<br \/>\n<a href=\"https:\/\/www.mediaite.com\/tv\/cnbcs-jim-cramer-calls-for-billionaire-tax-after-propublica-report-these-revelations-make-me-sick\/\">https:\/\/www.mediaite.com\/tv\/cnbcs-jim-cramer-calls-for-billionaire-tax-after-propublica-report-these-revelations-make-me-sick\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC\u2019s Jim Cramer Calls For Billionaire Tax After ProPublica Report: \u2018These Revelations Make Me Sick\u2019<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-68921","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/68921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68921"}],"version-history":[{"count":0,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/68921\/revisions"}],"wp:attachment":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68921"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}