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Apr 4, 2026 10:16 PM

Mark Zuckerberg, Elon Musk Being Taxed Less Than An 'Average Nurse'? Jayapal, Elizabeth Warren Say Not Anymore

Rep. Pramila Jayapal (D-Wash.) criticized the tax rates of billionaires and expressed dissatisfaction with the current tax system.

Jaypal took to X on Thursday and pointed out that billionaires such as Meta Platform (NASDAQ:META) Mark Zuckerberg, legendary investor Warren Buffett, Mike Bloomberg, and Tesla Inc. (NASDAQ:TSLA) Elon Musk are taxed at a lower rate than the “average nurse” in the United States.

Jayapal, along with Senator Elizabeth Warren (D-Mass.), plans to reintroduce the Ultra-Millionaire Tax Act to rectify this situation.

Mark Zuckerberg, Warren Buffett, Mike Bloomberg, and Elon Musk pay a lower tax rate than the average nurse in America.@EWarren and I are reintroducing the Ultra-Millionaire Tax Act because that's bullshit.

— Pramila Jayapal (@PramilaJayapal) April 2, 2026

The proposed legislation, also supported by Rep. Brendan F. Boyle and over 40 other lawmakers, would apply a 2% annual tax and 1% surcharge (total 3% annual tax) to fortunes above $50 million. The Ultra-Millionaire Tax Act aims ...

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