GOP plan to end “Death Tax” means the billionaires will be overjoyed, while the rest of us pay the bills

Tuesday, 4/4/17: examining entire fake “Russian Dossier” on Donald Trump!

Estate tax percentages have varied in recent history, ranging from 55% in 2000 under George Bush #1 to 35% under Barack Obama and now 40% under Donald Trump. The GOP wants it to be zero.

300px-Estate_Tax_Returns_as_a_Percentage_of_Adult_Deaths,_1982_-_2010Currently, couples with less than about $11,000,000 pay no estate tax. On amounts above that, the government takes 40% for taxes. The history of the estate tax revolves around the desire for fair taxation of the richest Americans to pay for public programs.

Eliminating the estate tax will aid any couple who die with more than $11 million (current deduction), and the GOP argues that this would affect many small businesses, which would have to sell land or equipment to pay the tax.

I have an idea that should please the GOP and still maintain some sanity in our progressive tax system. This is in addition to the 123 Plan, which easily adds $54 billion in revenues to the federal budget this year.

Only apply the estate tax to those whose estates are $1 Billion or more, but raise the rate to Bush #1 rate of 55%.

That would generate $1,514,425,000,000, or $1.5 Trillion that the rest of us won’t have to pay in income and other taxes. This revenue is calculated by taking the total current Forbes wealth of all American billionaires and assuming they will die someday and have to pay the estate tax.

If there is no estate tax, they will avoid $1.5 trillion in taxes.

Who are these billionaires. Check the list and links to Forbes – name, wealth, age, company:

Bill Gates $86,000,000,000 61 Microsoft
Warren Buffett $75,600,000,000 86 Berkshire Hathaway
Jeff Bezos $72,800,000,000 53 Amazon.com
Mark Zuckerberg $56,000,000,000 32 Facebook
Larry Ellison $52,200,000,000 72 software
Charles Koch $48,300,000,000 81 diversified
David Koch $48,300,000,000 76 diversified
Michael Bloomberg $47,500,000,000 75 Bloomberg LP
Larry Page $40,700,000,000 43 Google
Sergey Brin $39,800,000,000 43 Google
S. Robson Walton $34,100,000,000 72 Wal-Mart
Jim Walton $34,000,000,000 68 Wal-Mart
Alice Walton $33,800,000,000 67 Wal-Mart
Sheldon Adelson $30,400,000,000 83 casinos
Steve Ballmer $30,000,000,000 60 Microsoft
Jacqueline Mars $27,000,000,000 77 candy
John Mars $27,000,000,000 81 candy
Phil Knight $26,200,000,000 79 Nike
George Soros $25,200,000,000 86 hedge funds
Michael Dell $20,400,000,000 52 Dell computers
Len Blavatnik $20,000,000,000 59 diversified
Laurene Powell Jobs $20,000,000,000 53 Apple, Disney
Paul Allen $19,900,000,000 64 Microsoft
Charles Ergen $18,300,000,000 64 satellite TV
James Simons $18,000,000,000 78 hedge funds
Ray Dalio $16,800,000,000 67 hedge funds
Carl Icahn $16,600,000,000 81 investments
Donald Bren $15,200,000,000 84 real estate
Abigail Johnson $14,400,000,000 55 money management
Elon Musk $13,900,000,000 45 Tesla Motors
Thomas Peterffy $13,800,000,000 72 discount brokerage
Harold Hamm $13,300,000,000 71 oil & gas
Rupert Murdoch $13,100,000,000 86 newspapers, TV
Steve Cohen $13,000,000,000 60 hedge funds
Philip Anschutz $12,500,000,000 77 investments
Ronald Perelman $12,500,000,000 74 leveraged buyouts
Jim Kennedy $12,200,000,000 69 media
Blair Parry-Okeden $12,200,000,000 66 media
Donald Newhouse $12,100,000,000 87 media
Samuel Newhouse, Jr. $12,100,000,000 89 media
Stephen Schwarzman $11,800,000,000 70 investments
Lukas Walton $11,300,000,000 30 Wal-Mart
Eric Schmidt $11,100,000,000 61 Google
David Tepper $11,000,000,000 59 hedge funds
Dustin Moskovitz $10,700,000,000 32 Facebook
Andrew Beal $10,400,000,000 64 banks, real estate
John Menard, Jr. $10,200,000,000 77 home improvement
James Goodnight $9,400,000,000 74 software
Jan Koum $9,000,000,000 41 WhatsApp
Leonard Lauder $8,900,000,000 80 Estee Lauder
Thomas Frist, Jr. $8,800,000,000 78 health care
Patrick Soon-Shiong $8,600,000,000 64 pharmaceuticals
Charles Schwab $8,300,000,000 79 discount brokerage
Shahid Khan $8,200,000,000 66 auto parts
Micky Arison $8,100,000,000 67 Carnival Cruises
James Chambers $8,100,000,000 59 media
Katharine Rayner $8,100,000,000 72 media
Margaretta Taylor $8,100,000,000 74 media
Ken Griffin $8,000,000,000 48 hedge funds
Herbert Kohler, Jr. $8,000,000,000 78 plumbing fixtures
Pierre Omidyar $8,000,000,000 49 eBay
George Kaiser $7,900,000,000 74 oil & gas, banking
John Paulson $7,900,000,000 61 hedge funds
Edward Johnson, III. $7,800,000,000 86 money management
Eli Broad $7,700,000,000 83 investments
John Malone $7,700,000,000 76 cable television
Stanley Kroenke $7,500,000,000 69 sports, real estate
Carl Cook $7,400,000,000 54 medical devices
Stephen Ross $7,400,000,000 76 real estate
David Geffen $7,300,000,000 74 movies, record labels
Gordon Moore $7,300,000,000 88 Intel
Richard Kinder $7,200,000,000 72 pipelines
Hank & Doug Meijer $7,200,000,000 supermarkets
Pauline Keinath $6,800,000,000 83 Cargill
David Duffield $6,700,000,000 76 business software
Bruce Halle $6,500,000,000 86 tires
Richard LeFrak $6,500,000,000 71 real estate
John A. Sobrato $6,400,000,000 77 real estate
Les Wexner $6,400,000,000 79 retail
Travis Kalanick $6,300,000,000 40 Uber
David Green $6,200,000,000 75 retail
Robert Rowling $6,200,000,000 63 investments
Marian Ilitch $6,000,000,000 84 pizza, sports team
Ann Walton Kroenke $6,000,000,000 68 Wal-Mart
Dennis Washington $6,000,000,000 82 construction, mining
Daniel Gilbert $5,800,000,000 55 Quicken Loans
Charles Johnson $5,800,000,000 84 money management
Dannine Avara $5,700,000,000 53 pipelines
Scott Duncan $5,700,000,000 34 pipelines
Milane Frantz $5,700,000,000 47 pipelines
Randa Williams $5,700,000,000 55 pipelines
Brian Acton $5,600,000,000 45 WhatsApp
Richard DeVos $5,600,000,000 91 Amway
Whitney MacMillan $5,600,000,000 87 Cargill
Leon Black $5,500,000,000 65 private equity
Bruce Kovner $5,500,000,000 72 hedge funds
Ralph Lauren $5,500,000,000 77 Ralph Lauren
Sumner Redstone $5,400,000,000 93 media
David Shaw $5,400,000,000 65 hedge funds
Christy Walton $5,400,000,000 68 Wal-Mart
Ted Lerner $5,300,000,000 91 real estate
George Lucas $5,300,000,000 72 Star Wars
Trevor Rees-Jones $5,300,000,000 65 oil & gas
David Sun $5,300,000,000 65 computer hardware
John Tu $5,300,000,000 75 computer hardware
John Doerr $5,200,000,000 65 venture capital
Israel Englander $5,200,000,000 68 hedge funds
Jerry Jones $5,200,000,000 74 Dallas Cowboys
Tom & Judy Love $5,200,000,000 80 retail & gas stations
Jim Davis $5,100,000,000 73 New Balance
Rupert Johnson, Jr. $5,100,000,000 76 money management
Robert Kraft $5,100,000,000 75 New England Patriots
Steven Rales $5,100,000,000 65 manufacturing
Tamara Gustavson $5,000,000,000 55 self storage
Henry Kravis $5,000,000,000 73 private equity
George Roberts $5,000,000,000 73 private equity
Edward Roski, Jr. $5,000,000,000 78 real estate
Sam Zell $5,000,000,000 75 real estate
Ray Lee Hunt $4,800,000,000 73 oil, real estate
John Overdeck $4,800,000,000 47 hedge funds
David Siegel $4,800,000,000 55 hedge funds
Daniel Ziff $4,800,000,000 45 investments
Dirk Ziff $4,800,000,000 52 investments
Robert Ziff $4,800,000,000 50 investments
Stanley Druckenmiller $4,700,000,000 63 hedge funds
Paul Tudor Jones, II. $4,700,000,000 62 hedge funds
Alejandro Santo Domingo $4,700,000,000 40 beer
Andres Santo Domingo $4,700,000,000 38 beer
Charles Dolan $4,600,000,000 90 cable television
Mitchell Rales $4,500,000,000 60 manufacturing
Leandro Rizzuto $4,500,000,000 78 consumer products
John Sall $4,500,000,000 68 software
Kelcy Warren $4,500,000,000 61 pipelines
Karen Pritzker $4,400,000,000 59 hotels, investments
Reinhold Schmieding $4,400,000,000 62 medical devices
Sheldon Solow $4,400,000,000 88 real estate
Ronda Stryker $4,400,000,000 62 medical equipment
Jeffery Hildebrand $4,300,000,000 58 oil
Jeremy Jacobs, Sr. $4,300,000,000 77 concessions
Nancy Walton Laurie $4,300,000,000 65 Wal-Mart
Gwendolyn Sontheim Meyer $4,300,000,000 55 Cargill
Jeffrey Skoll $4,300,000,000 52 eBay
Frederick Smith $4,300,000,000 72 FedEx
Martha Ingram $4,200,000,000 81 book distribution
Leonard Stern $4,200,000,000 78 real estate
Gabe Newell $4,100,000,000 54 videogames
Terrence Pegula $4,100,000,000 65 natural gas
Ira Rennert $4,100,000,000 82 investments
J. Christopher Reyes $4,100,000,000 63 food distribution
Jude Reyes $4,100,000,000 61 food distribution
Robert Bass $4,000,000,000 69 oil, investments
Marc Benioff $4,000,000,000 52 business software
James Jannard $4,000,000,000 67 sunglasses
Bernard Marcus $4,000,000,000 87 Home Depot
John Morris $4,000,000,000 69 sporting goods retail
Bobby Murphy $4,000,000,000 28 Snapchat
Isaac Perlmutter $4,000,000,000 74 Marvel comics
H. Ross Perot, Sr. $4,000,000,000 86 computer services
Stewart and Lynda Resnick $4,000,000,000 agriculture, water
Robert Rich, Jr. $4,000,000,000 76 frozen foods
Evan Spiegel $4,000,000,000 26 Snapchat
Russ Weiner $4,000,000,000 46 energy drinks
Austen Cargill, II. $3,900,000,000 66 Cargill
James Cargill, II. $3,900,000,000 67 Cargill
Diane Hendricks $3,900,000,000 70 roofing
Marianne Liebmann $3,900,000,000 63 Cargill
Mary Alice Dorrance Malone $3,900,000,000 67 Campbell Soup
Stephen Bisciotti $3,800,000,000 56 staffing
Nathan Blecharczyk $3,800,000,000 33 Airbnb
Rick Caruso $3,800,000,000 58 real estate
Bubba Cathy $3,800,000,000 62 Chick-Fil-A
Dan Cathy $3,800,000,000 64 Chick-Fil-A
Brian Chesky $3,800,000,000 35 Airbnb
Joe Gebbia $3,800,000,000 35 Airbnb
H. Fisk Johnson $3,800,000,000 58 cleaning products
Imogene Powers Johnson $3,800,000,000 86 cleaning products
S. Curtis Johnson $3,800,000,000 61 cleaning products
Helen Johnson-Leipold $3,800,000,000 60 cleaning products
Winnie Johnson-Marquart $3,800,000,000 57 cleaning products
Clayton Mathile $3,800,000,000 76 pet food
Julian Robertson, Jr. $3,800,000,000 84 hedge funds
Walter Scott, Jr. $3,800,000,000 85 utilities, telecom
Joan Tisch $3,800,000,000 89 diversified
Archie Aldis Emmerson $3,700,000,000 87 timberland, lumber
Ken Fisher $3,700,000,000 66 money management
Igor Olenicoff $3,700,000,000 74 real estate
Clemmie Spangler, Jr. $3,700,000,000 84 investments
Jerry Speyer $3,700,000,000 76 real estate
Steven Spielberg $3,700,000,000 70 Movies
Steven Udvar-Hazy $3,700,000,000 71 aircraft leasing
Roger Wang $3,700,000,000 68 retail
Dan Friedkin $3,600,000,000 52 Toyota dealerships
Phillip Frost $3,600,000,000 80 pharmaceuticals
Jimmy Haslam $3,600,000,000 63 gas stations, retail
Michael Milken $3,600,000,000 70 investments
Gary Rollins $3,600,000,000 72 pest control
Randall Rollins $3,600,000,000 85 pest control
Henry Samueli $3,600,000,000 62 semiconductors
Bernard Saul, II. $3,600,000,000 84 banking, real estate
Jeff Sutton $3,600,000,000 57 real estate
Dagmar Dolby $3,500,000,000 75 Dolby Laboratories
Peter Kellogg $3,500,000,000 74 investments
Robert McNair $3,500,000,000 80 energy, sports
Donald Sterling $3,500,000,000 82 real estate
Harry Stine $3,500,000,000 75 agriculture
Donald Trump $3,500,000,000 70 television, real estate
Mark Cuban $3,400,000,000 58 online media
David Filo $3,400,000,000 50 Yahoo
Jeff Greene $3,400,000,000 62 real estate
Randal Kirk $3,400,000,000 63 pharmaceuticals
George Lindemann $3,400,000,000 80 investments
Anthony Pritzker $3,400,000,000 56 hotels, investments
Jay Robert (J.B.) Pritzker $3,400,000,000 52 hotels, investments
Arthur Blank $3,300,000,000 74 Home Depot
John Catsimatidis $3,300,000,000 68 oil, real estate
Tom Gores $3,300,000,000 52 private equity
Neil Bluhm $3,200,000,000 79 real estate
Jack & Laura Dangermond $3,200,000,000 71 mapping software
Bennett Dorrance $3,200,000,000 71 Campbell Soup
Amos Hostetter, Jr. $3,200,000,000 80 cable television
Ronald Lauder $3,200,000,000 73 Estee Lauder
Michael Moritz $3,200,000,000 62 venture capital
Daniel Och $3,200,000,000 56 hedge funds
Thomas Pritzker $3,200,000,000 66 hotels, investments
Richard Schulze $3,200,000,000 76 Best Buy
Riley Bechtel $3,100,000,000 64 engineering
Stephen Bechtel, Jr. $3,100,000,000 91 engineering
Andrew & Peggy Cherng $3,100,000,000 restaurants
John Paul DeJoria $3,100,000,000 72 hair products, tequila
Reid Hoffman $3,100,000,000 49 LinkedIn
Lynn Schusterman $3,100,000,000 78 oil & gas
John Arnold $3,000,000,000 43 hedge funds
Clifford Asness $3,000,000,000 50 hedge funds
Edward Bass $3,000,000,000 71 oil, investments
Leon G. Cooperman $3,000,000,000 73 hedge funds
Allan Goldman $3,000,000,000 74 real estate
Jane Goldman $3,000,000,000 61 real estate
Amy Goldman Fowler $3,000,000,000 62 real estate
Tom Golisano $3,000,000,000 75 payroll services
Diane Kemper $3,000,000,000 71 real estate
Kenneth Langone $3,000,000,000 81 investments
James Leprino $3,000,000,000 79 cheese
Henry Nicholas, III. $3,000,000,000 57 semiconductors
Robert Pera $3,000,000,000 39 wireless
Haim Saban $3,000,000,000 72 TV network
Howard Schultz $3,000,000,000 63 Starbucks
Romesh T. Wadhwani $3,000,000,000 69 software
Oprah Winfrey $3,000,000,000 63 TV shows
Lee Bass $2,900,000,000 60 oil, investments
Edward DeBartolo, Jr. $2,900,000,000 70 shopping centers
Tilman Fertitta $2,900,000,000 59 restaurants, casinos
Kieu Hoang $2,900,000,000 72 medical products
Min Kao $2,900,000,000 68 navigation equipment
Douglas Leone $2,900,000,000 59 venture capital
Daniel Loeb $2,900,000,000 55 hedge funds
Mark Shoen $2,900,000,000 66 U-Haul
Anita Zucker $2,900,000,000 65 chemicals
Mortimer Zuckerman $2,900,000,000 79 real estate, media
Sid Bass $2,800,000,000 74 oil, investments
Jim Breyer $2,800,000,000 55 venture capital
Do Won & Jin Sook Chang $2,800,000,000 61 fashion retail
Charles Cohen $2,800,000,000 65 real estate
Barry Diller $2,800,000,000 75 online media
B. Wayne Hughes $2,800,000,000 83 self storage
John Middleton $2,800,000,000 62 tobacco
A. Jerrold Perenchio $2,800,000,000 86 television, Univision
Jorge Perez $2,800,000,000 67 real estate
Herbert Simon $2,800,000,000 82 real estate
Pat Stryker $2,800,000,000 60 medical equipment
William Wrigley, Jr. $2,800,000,000 53 chewing gum
John Brown $2,700,000,000 82 medical equipment
Ray Davis $2,700,000,000 75 pipelines
Joshua Harris $2,700,000,000 52 private equity
Jen-Hsun Huang $2,700,000,000 54 semiconductors
H. Wayne Huizenga $2,700,000,000 79 investments
Johnelle Hunt $2,700,000,000 85 trucking
David Murdock $2,700,000,000 93 Dole, real estate
Marc Rowan $2,700,000,000 54 private equity
Paul Singer $2,700,000,000 72 hedge funds
Peter Thiel $2,700,000,000 49 Facebook, Palantir
Tom Benson $2,600,000,000 89 New Orleans Saints
Robert Duggan $2,600,000,000 72 pharmaceuticals
Doris Fisher $2,600,000,000 85 Gap
Bill Haslam $2,600,000,000 58 truck stops
Henry Hillman $2,600,000,000 98 investments
Stephen Mandel, Jr. $2,600,000,000 61 hedge funds
Sean Parker $2,600,000,000 37 Facebook
John Arrillaga $2,500,000,000 79 real estate
George Bishop $2,500,000,000 79 oil & gas
David Bonderman $2,500,000,000 74 private equity
Peter Buck $2,500,000,000 86 Subway sandwich
William Conway, Jr. $2,500,000,000 67 private equity
Daniel D’Aniello $2,500,000,000 70 private equity
Jim Davis $2,500,000,000 57 staffing & recruiting
Kenneth Feld $2,500,000,000 68 circus
Bill Gross $2,500,000,000 72 investments
Don Hankey $2,500,000,000 73 auto loans
John Henry $2,500,000,000 67 sports
James Irsay $2,500,000,000 57 Indianapolis Colts
Bob Parsons $2,500,000,000 66 web hosting
Jay Paul $2,500,000,000 69 real estate
Richard Peery $2,500,000,000 78 real estate
Jean (Gigi) Pritzker $2,500,000,000 54 hotels, investments
Penny Pritzker $2,500,000,000 57 hotels, investments
Wilbur Ross, Jr. $2,500,000,000 79 investments
David Rubenstein $2,500,000,000 67 private equity
Phillip Ruffin $2,500,000,000 82 casinos, real estate
Patrick Ryan $2,500,000,000 79 insurance
E. Joe Shoen $2,500,000,000 67 U-Haul
Thomas Siebel $2,500,000,000 64 business software
Robert Smith $2,500,000,000 54 private equity
Warren Stephens $2,500,000,000 60 investment banking
Jon Stryker $2,500,000,000 58 medical equipment
Mark Walter $2,500,000,000 56 finance
Ty Warner $2,500,000,000 72 real estate, toys
Steve Wynn $2,500,000,000 75 casinos, hotels
Judy Faulkner $2,400,000,000 73 health IT
C. Dean Metropoulos $2,400,000,000 70 investments
John Pritzker $2,400,000,000 64 hotels, investments
Julio Santo Domingo, III. $2,400,000,000 31 beer
Thomas Secunda $2,400,000,000 62 Bloomberg LP
Alexander Spanos $2,400,000,000 93 real estate
Denise York $2,400,000,000 66 San Francisco 49ers
Nick Caporella $2,300,000,000 81 beverages
Scott Cook $2,300,000,000 64 software
Gerald Ford $2,300,000,000 72 banking
Noam Gottesman $2,300,000,000 55 hedge funds
Stanley Hubbard $2,300,000,000 83 DirecTV
Jeff Rothschild $2,300,000,000 62 Facebook
Michael Rubin $2,300,000,000 44 online retail
Ted Turner $2,300,000,000 78 cable television
Meg Whitman $2,300,000,000 60 eBay
Jerry Yang $2,300,000,000 48 Yahoo
George Argyros $2,200,000,000 80 real estate
Ron Baron $2,200,000,000 73 money management
John Fisher $2,200,000,000 55 Gap
Joseph Grendys $2,200,000,000 55 poultry
Brad Kelley $2,200,000,000 60 tobacco
Thomas Lee $2,200,000,000 72 private equity
Jeffrey Lorberbaum $2,200,000,000 62 flooring
Joe Mansueto $2,200,000,000 60 investment research
Daniel Pritzker $2,200,000,000 57 hotels, investments
Stewart Rahr $2,200,000,000 71 drug distribution
Dan Snyder $2,200,000,000 52 Wash. Redskins
S. Daniel Abraham $2,100,000,000 92 Slim-Fast
Todd Christopher $2,100,000,000 54 hair care products
James Coulter $2,100,000,000 57 private equity
Rakesh Gangwal $2,100,000,000 63 airline
Gordon Getty $2,100,000,000 83 Getty Oil
Alec Gores $2,100,000,000 64 private equity
Edward Lampert $2,100,000,000 54 Sears
Arturo Moreno $2,100,000,000 70 billboards
Peter Peterson $2,100,000,000 90 investments
Mark Stevens $2,100,000,000 57 venture capital
William Young $2,100,000,000 76 plastics
James Clark $2,000,000,000 72 Netscape
Glenn Dubin $2,000,000,000 59 hedge funds
Frank Fertitta, III. $2,000,000,000 55 casinos
Lorenzo Fertitta $2,000,000,000 48 casinos
James France $2,000,000,000 72 Nascar, racing
W. Herbert Hunt $2,000,000,000 88 oil
Bruce Karsh $2,000,000,000 61 private equity
Osman Kibar $2,000,000,000 45 biotech
Howard Marks $2,000,000,000 70 private equity
Jonathan Nelson $2,000,000,000 60 private equity
Kevin Plank $2,000,000,000 44 Under Armour
Phillip Ragon $2,000,000,000 67 health IT
Larry Robbins $2,000,000,000 47 hedge funds
Kavitark Ram Shriram $2,000,000,000 60 Google
Charles Simonyi $2,000,000,000 68 Microsoft
Eric Smidt $2,000,000,000 57 hardware stores
Sun Hongbin $2,000,000,000 54 real estate
John Tyson $2,000,000,000 63 food processing
Vincent Viola $2,000,000,000 61 electronic trading
David Walentas $2,000,000,000 78 real estate
Ronald Wanek $2,000,000,000 75 furniture
Leslie Alexander $1,900,000,000 73 Houston Rockets
Christopher Cline $1,900,000,000 58 coal
Chase Coleman, III. $1,900,000,000 41 hedge fund
Alexandra Daitch $1,900,000,000 54 Cargill
Thomas Hagen $1,900,000,000 81 insurance
Eric Lefkofsky $1,900,000,000 47 Groupon
Sarah MacMillan $1,900,000,000 63 Cargill
Drayton McLane, Jr. $1,900,000,000 80 Wal-Mart, logistics
Lucy Stitzer $1,900,000,000 57 Cargill
Katherine Tanner $1,900,000,000 61 Cargill
Glen Taylor $1,900,000,000 75 printing
Charles Zegar $1,900,000,000 69 Bloomberg LP
Louis Bacon $1,800,000,000 60 hedge funds
Nicolas Berggruen $1,800,000,000 55 investments
James Dinan $1,800,000,000 57 hedge funds
David Gottesman $1,800,000,000 90 investments
Jonathan Gray $1,800,000,000 47 investments
Reed Hastings $1,800,000,000 56 Netflix
Catherine Lozick $1,800,000,000 72 valve manufacturing
Jeffrey Lurie $1,800,000,000 65 Philadelphia Eagles
Craig McCaw $1,800,000,000 67 telecom
Gail Miller $1,800,000,000 73 basketball, car
Jennifer Pritzker $1,800,000,000 66 hotels, investments
Linda Pritzker $1,800,000,000 63 hotels, investments
Antony Ressler $1,800,000,000 55 finance
J. Joe Ricketts $1,800,000,000 75 TD Ameritrade
T. Denny Sanford $1,800,000,000 81 banking, credit cards
Elaine Wynn $1,800,000,000 74 casinos, hotels
Amy Wyss $1,800,000,000 46 medical equipment
Jon Yarbrough $1,800,000,000 59 video games
Richard Yuengling, Jr. $1,800,000,000 74 beer
Carol Jenkins Barnett $1,700,000,000 60 Publix supermarkets
Timothy Boyle $1,700,000,000 67 Columbia Sportswear
Norman Braman $1,700,000,000 84 art, car dealerships
Sanford Diller $1,700,000,000 89 real estate
John Kapoor $1,700,000,000 73 healthcare
Miguel McKelvey $1,700,000,000 42 WeWork
Gary Michelson $1,700,000,000 68 medical patents
Tor Peterson $1,700,000,000 52 commodities
Brian Roberts $1,700,000,000 57 Comcast
Henry Swieca $1,700,000,000 59 hedge funds
Todd Wagner $1,700,000,000 56 online media
Charlotte Colket Weber $1,700,000,000 74 Campbell Soup
William Berkley $1,600,000,000 70 insurance
O. Francis Biondi $1,600,000,000 52 hedge fund
David Booth $1,600,000,000 71 mutual funds
Christopher Goldsbury $1,600,000,000 74 salsa
Ryan Graves $1,600,000,000 33 uber
Jeffrey Gundlach $1,600,000,000 58 investments
Timothy Headington $1,600,000,000 66 oil & gas, investments
Brian Higgins $1,600,000,000 52 hedge funds
Stewart Horejsi $1,600,000,000 79 Berkshire Hathaway
Hamilton James $1,600,000,000 65 investments
George Joseph $1,600,000,000 95 insurance
Jim Justice, II. $1,600,000,000 65 coal
Alexander Karp $1,600,000,000 49 software firm
Vinod Khosla $1,600,000,000 62 venture capital
Marc Lasry $1,600,000,000 56 hedge funds
Jane Lauder $1,600,000,000 44 cosmetics
Aerin Lauder Zinterhofer $1,600,000,000 46 cosmetics
Thai Lee $1,600,000,000 58 IT provider
Billy Joe (Red) McCombs $1,600,000,000 89 real estate, oil, cars
Roger Penske $1,600,000,000 80 cars
H. Ross Perot, Jr. $1,600,000,000 58 real estate
Fayez Sarofim $1,600,000,000 88 money management
Ben Silbermann $1,600,000,000 34 Pinterest
Thomas Steyer $1,600,000,000 59 hedge funds
Alan N. Trefler $1,600,000,000 61 software
Herbert Allen, Jr. $1,500,000,000 77 investment banking
Ron Burkle $1,500,000,000 64 supermarkets
David Einhorn $1,500,000,000 48 hedge funds
Robert Fisher $1,500,000,000 63 Gap
William Fisher $1,500,000,000 59 Gap
Martha Ford $1,500,000,000 91 Ford Motor
Mario Gabelli $1,500,000,000 74 money management
Alan Gerry $1,500,000,000 87 cable television
Mitchell Jacobson $1,500,000,000 66 industrial equipment
Seth Klarman $1,500,000,000 59 investments
Rodney Lewis $1,500,000,000 63 natural gas
David Lichtenstein $1,500,000,000 55 real estate
Manuel Moroun $1,500,000,000 89 transportation
Charles Munger $1,500,000,000 93 Berkshire Hathaway
Neal Patterson $1,500,000,000 67 health IT
Nelson Peltz $1,500,000,000 74 investments
Jim Thompson $1,500,000,000 77 logistics
William Ackman $1,400,000,000 50 hedge funds
Bill Alfond $1,400,000,000 68 shoes
Peter Alfond $1,400,000,000 64 shoes
Susan Alfond $1,400,000,000 71 shoes
Ted Alfond $1,400,000,000 72 shoes
William F. Austin $1,400,000,000 75 hearing aids
John Edson $1,400,000,000 84 leisure craft
Paul Foster $1,400,000,000 59 oil refining
Victor Fung $1,400,000,000 71 trading company
Michael Krasny $1,400,000,000 63 retail
Gary Magness $1,400,000,000 63 cable TV
Forrest Preston $1,400,000,000 83 health care
Nicholas Pritzker, II. $1,400,000,000 73 hotels, investments
Jerry Reinsdorf $1,400,000,000 81 sports teams
Rodney Sacks $1,400,000,000 67 energy drinks
Sheryl Sandberg $1,400,000,000 47 Facebook
Leonard Schleifer $1,400,000,000 64 pharmaceuticals
Peter Sperling $1,400,000,000 57 education
Wilma Tisch $1,400,000,000 89 diversified
Kenny Troutt $1,400,000,000 69 telecom
Evan Williams $1,400,000,000 44 Twitter
Aneel Bhusri $1,300,000,000 51 business software
Steve Case $1,300,000,000 58 AOL
Herb Chambers $1,300,000,000 75 car dealerships
Jack Dorsey $1,300,000,000 40 Twitter
Robert Friedland $1,300,000,000 66 mining
Dorrance Hamilton $1,300,000,000 88 Campbell Soup
B. Wayne Hughes, Jr. $1,300,000,000 56 storage facilities
Irwin Jacobs $1,300,000,000 83 semiconductors
Michael Jordan $1,300,000,000 54 Charlotte Hornets
Sidney Kimmel $1,300,000,000 89 retail
William Koch $1,300,000,000 76 oil, investments
James Leininger $1,300,000,000 71 medical products
Maggie Magerko $1,300,000,000 51 building materials
Vincent McMahon $1,300,000,000 71 wrestling
Alexander Rovt $1,300,000,000 64 fertilizer, real estate
Bryan Sheffield $1,300,000,000 38 oil & gas
Evgeny Shvidler $1,300,000,000 52 oil & gas
William Stone $1,300,000,000 61 software
Kenneth Tuchman $1,300,000,000 57 outsourcing
Dan Wilks $1,300,000,000 60 natural gas
Farris Wilks $1,300,000,000 65 natural gas
Edmund Ansin $1,200,000,000 81 television
Charles Brandes $1,200,000,000 74 money management
Darwin Deason $1,200,000,000 76 Xerox
John Farber $1,200,000,000 91 chemicals
Stephen Feinberg $1,200,000,000 56 private equity
J. Christopher Flowers $1,200,000,000 59 investments
Donald Friese $1,200,000,000 76 manufacturing
Anne Gittinger $1,200,000,000 81 Nordstrom
Richard Hayne $1,200,000,000 69 Urban Outfitters
J. Tomilson Hill $1,200,000,000 68 investments
Cargill MacMillan, III. $1,200,000,000 57 Cargill
John MacMillan $1,200,000,000 67 Cargill
Martha MacMillan $1,200,000,000 65 Cargill
William MacMillan $1,200,000,000 62 Cargill
Bruce Nordstrom $1,200,000,000 83 Nordstrom
Mark Pincus $1,200,000,000 51 online games
Michael Price $1,200,000,000 64 investments
Chris Sacca $1,200,000,000 41 venture capital
Edward Stack $1,200,000,000 62 Dick’s Sporting
Kevin Systrom $1,200,000,000 33 Instagram
Thomas Bailey $1,100,000,000 80 money management
Sara Blakely $1,100,000,000 46 Spanx
Robert Citrone $1,100,000,000 52 hedge fund
Jamie Dimon $1,100,000,000 61 banking
Henry Engelhardt $1,100,000,000 59 insurance
Thomas James $1,100,000,000 74 finance
Isaac Larian $1,100,000,000 62 toys
William Lauder $1,100,000,000 56 Estee Lauder
John Martin $1,100,000,000 65 pharmaceuticals
Andrea Reimann-Ciardelli $1,100,000,000 60 consumer goods
Steven Roth $1,100,000,000 75 real estate
Brian Sheth $1,100,000,000 41 investments
Thomas Tull $1,100,000,000 46 movies
Sanford Weill $1,100,000,000 84 Citigroup
Marc Andreessen $1,000,000,000 45 venture capital
Fred Chang $1,000,000,000 60 online retailing
Yvon Chouinard $1,000,000,000 Patagonia
Bharat Desai $1,000,000,000 64 IT consulting
Paul Fireman $1,000,000,000 73 Reebok
Ken Grossman $1,000,000,000 62 beer
David Hindawi $1,000,000,000 72 software
Orion Hindawi $1,000,000,000 37 software
Drew Houston $1,000,000,000 34 Dropbox
Jon Huntsman $1,000,000,000 79 chemicals
Howard Jenkins $1,000,000,000 66 Publix
David Kabiller $1,000,000,000 53 hedge funds
Thomas Kaplan $1,000,000,000 54 investments
Nancy Lerner $1,000,000,000 56 finance
Norma Lerner $1,000,000,000 80 finance
Randolph Lerner $1,000,000,000 55 finance
John Liew $1,000,000,000 49 hedge funds
William Macaulay $1,000,000,000 71 energy investments
George Marcus $1,000,000,000 75 real estate
Lowell Milken $1,000,000,000 68 investments
Jonathan Oringer $1,000,000,000 42 stock photos
John Schnatter $1,000,000,000 55 Papa John’s
Martin Selig $1,000,000,000 79 real estate
Evan Sharp $1,000,000,000 34 Pinterest
O. Bruton Smith $1,000,000,000 90 Nascar racetracks
Axel Stawski $1,000,000,000 66 real estate
Michael Steinhardt $1,000,000,000 76 finance

3 thoughts on “GOP plan to end “Death Tax” means the billionaires will be overjoyed, while the rest of us pay the bills

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