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90% effective in clinical trials of the younger kids 5 to 11. and we need this, ana. look what's happening. 83,000 covid hospitalizations, devastating for children and a fivefold rise in hospitalizations among kids this summer. this is all because of the delta variant that's been pummeling our schools. we've had thousands of school closures as a consequence and one thing nobody is talking about is the long covid symptoms. we have some data publishing that 14% of kids have long covid symptoms lasting more than 15 months after infection so you put all of that together and. >> parents who may be ...
Who are not paying at all really have to step up and do their part. they've been free-riding off the rest of us for long enough. >> so are there -- there's -- what about the billionaire tax that had been discussed? there was people saying about people who earn more than $5 million a year, 3% tax on that. is -- are those still on the table? >> so, there's a second and a kind of complementary piece. the one you and i just talked about is, in effect, the billionaire corporations that are paying nothing. the other one is about the billionaire people who are paying nothing. this would hit roughly a...
Billionaire corporations that are paying nothing. the other one is about the billionaire people who are paying nothing. this would hit roughly around 700 -- little over 700 people. here, it's the jeff bezos problem. so, jeff bezos says to the irs that he only makes $83,000 a year in taxable income. that's all he makes on his salary, his w2. and so, that is a all he pays taxes on. while he sits on this enormous fortune. and year by year, he grows that fortune and pays nothing in taxes on it. because we have this distortion in our tax system that says if you work hard, you got to pay every year ...
Anything to kind of plan, though i'm sure she has a carefully thought-out plan. nonetheless, the difficulty of trying to figure out exactly how this is supposed to work, exactly how it is supposed to be enforced in a matter of a few days strikes me as more than what congressman yarmouth called a bit of a stretch. >> well, the staff of the senate finance committee has a big head start on it because chairman widen has been thinking about it and toying with different plans. ways and means on the house side, they're not ready for this. listen to what senator warren said to rachel in the last hour....