Pat

Patriot, investor, and student of economics, politics, religion, meditation, health & fitness, fine wine.

[Pat @DivinityPartner]

@tedlieu You failed to add that it results from the savings from waste, fraud and abuse.

[Pat @DivinityPartner]

Your question is sophomoric. Here is what Jeff Bezos has PAID in federal income taxes alone in the past 10 years: 2024: Estimated $2.6 billion paid on $13.6 billion in reported income.
2022–2023: Estimated $0 paid in those specific years, as he reported zero or minimal taxable personal income.
2021: Estimated $2.2 billion paid on $10 billion in reported income.
2020: Estimated $2.2 billion paid on $10.2 billion in reported income.
2019: Estimated $627.1 million paid on $2.8 billion in reported income.
2016–2018: An estimated $973 million to $1 billion was paid during this window, according to IRS data. Over a longer 13-year span (2006–2018), he reportedly paid a total of $1.4 billion.

These are nearly 100% based on capital gains from the sale of shares in Amazon. Context matters.

[Pat @DivinityPartner]

@jwalkermobile @Primo_Levi @JohnMFodera Fantastic! 🍷🙋‍♂️👊🙌

[Pat @DivinityPartner]

@RNCResearch @MarkHalperin This is all you need to know about Bernie Sanders

[Pat @DivinityPartner]

@davidaxelrod @POTUS Respectfully Mr. Alexrod, I agree with Secretary Hegseth. Every single word.

[Pat @DivinityPartner]

David - thank you for your commentary and service to our country

[David Sacks @DavidSacks]

Many have reached out to me regarding the new Cyber EO. A few thoughts:

First, President Trump is the most pro-innovation president we’ve ever had. He’s made it clear that the U.S. has to win the AI race and that a pro-innovation, pro-energy, and pro-infrastructure policy is the way to do that. Thanks to President Trump, AI will generate over a 2% tailwind to GDP growth this year, with hundreds of thousands of new construction jobs and 25-30% wage increases for blue collar workers. President Trump is the reason that we have an AI boom happening right now.

The change in the EO from a 90 day to 30 day period is a game changer because it allows our AI labs to comply with the voluntary framework without delaying new model releases. They can synchronize their efforts under the EO with other pre-release activities. Furthermore, I’ve been advised by the lawyers who draft EOs that 30 days means calendar days, not business days. In the AI race, every day counts.

As OSTP well notes, “The EO creates a process for frontier labs to voluntarily share cutting-edge cyber models in order to secure critical infrastructure and strengthen the government’s own cyber defenses. We are NOT conducting oversight of all new models, as that level of government overreach would have chilling effects on free speech and innovation.”

OSTP’s characterization is completely consistent with the discussions that I have participated in, where it was agreed that the EO is intended to apply only to models that represent a meaningful step-change in cyber capabilities (eg Mythos), not to incremental version numbers of existing models (eg Opus 4.7 -> 4.8).

Finally, I understand the concerns of many that this could morph into an “FDA for AI”. Of course bureaucratic mission creep is always a danger and this should be closely monitored. But the EO expressly forbids the creation of a new licensing, preclearance, or permitting regime. Most importantly, I do not believe that President Trump would allow this to happen.

As AI presents new policy challenges (such as cyberweapons), I believe that everyone in the administration is working diligently to navigate the issues with the American people in mind. I look forward to working with the Treasury, NSA, ONCD and others on the implementation of this framework.

[Pat @DivinityPartner]

@AstraInsights @unusual_whales Exactly. He is such a lightweight with an ego.

[Pat @DivinityPartner]

@riecker Getting rid of your phone, your apps, your friends and your feed is simply not practical. How about faith and self control?

[Pat @DivinityPartner]

@multiplanet1 My kind of CEO!

[Pat @DivinityPartner]

“Research earlier this year by Rauh, Jaros, Kearney, and Doran found the proposed billionaire tax would not generate an increase in the net present value of resources for the state government. The study found a point estimate effect of negative $24.7 billion on state coffers, once lost income-tax revenue from departing billionaires is netted against projected wealth tax collections.”

[Lincoln Gerstner @LincGerstner]

Tax billionaires? Sure, but what happens when they leave?

My new piece with @joshrauh tracks what this means for jobs…and it’s worth the read:

https://t.co/6BYTe1tK7f

[Pat @DivinityPartner]

Beautiful 🙏

[Sachin Jose @Sachinettiyil]

Every year, rose petals rain down through the oculus of the Pantheon in a stunning tradition symbolizing the descent of the Holy Spirit at Pentecost.

Video: Compagni di viaggio

[The Husky @Mr_Husky1]

Jeff Bezos Responds to Seattle Officials After Leaving For Miami Over Wealth Tax Seattle’s political elite may have just received the most devastating financial reality check in modern city history after Jeff Bezos quietly confirmed that Washington’s aggressive new tax structure played a major role in his decision to flee to Florida, a move that reportedly saved the Amazon founder close to $1 billion while leaving Seattle staring at a collapsing revenue model built around billionaires who can leave faster than lawmakers can pass another tax bill. What makes the situation even more humiliating for city leaders is that Bezos did not scream, threaten, or launch some dramatic billionaire rebellion against Mayor Katie Wilson after she publicly laughed, waved “bye,” and dismissed concerns about wealthy residents leaving the city. Instead, he simply ran the numbers, changed his address to Miami, sold billions in Amazon stock, and calmly pointed out that the tax revenue Washington expected from him no longer exists because he no longer lives there. “Apparently, telling the richest man connected to your city that he’s irrelevant works slightly worse when he takes half your projected tax model with him.” As Starbucks founder Howard Schultz escapes to a $44 million Florida penthouse, Amazon shifts workers out of Seattle, downtown vacancy rates explode, and lawmakers double down on even higher millionaire taxes despite a near 50% drop in capital gains revenue within a single year, critics are now warning that Seattle may have become the most terrifying live experiment in America showing what happens when ideological politics collides headfirst with economic math and the people funding the system quietly walk away.
“Seattle’s $1B mistake revealed 👇”

[Pat @DivinityPartner]

@MarkWarner P.S. I am terribly sorry about the loss of your daughter. I cannot imagine what you and your family are going through.

[Pat @DivinityPartner]

@MarkWarner Senator - you are sophisticated, smart, and experienced. You also serve on the Senate Intelligence Committee. Putting politics aside, sir, do you really think what we did militarily in Iran over the past several months was a mistake?

[Pat @DivinityPartner]

@Imakatt Pizzeria Uno, Pizzeria Duo, and Gino’s East are the original deep dish Chicago pizzas. Giordano’s is good, too, but not as the authentic Pizzeria Duo or Gino’s. Go there instead.

[Pat @DivinityPartner]

@mistressdivy Kindness. Beauty with modesty. Grace.

[Pat @DivinityPartner]

@KyleMau Because children do not have school in the summer

[Pat @DivinityPartner]

@Mahnoor18288159 Not at all. What is more important is your outlook, values, attitude, and grace.

[Pat @DivinityPartner]

You may have been honest but might have expressed happiness for her and been more positive. It is okay, I understand how we all want the best for our children. Forgive yourself. And then show her - and him - how genuinely happy you are for them, and wish them the best from you heart. You do not know his financial situation or their priorities, and that is okay, too. But let them know you love them, accept them and their decision, and do everything you can to encourage a healthy and happy relationship.

[Pat @DivinityPartner]

@RepBrandonGill @danielledsouzag Congratulations. You are very blessed. Thank you for your service to our country - please keep up the great work.