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Burned Out, a Sabbatical Led Her to Open a Surf Camp in Sri Lanka

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Burned Out, a Sabbatical Led Her to Open a Surf Camp in Sri Lanka


This as-told-to essay is based on a conversation with Rebekah Kellow, 57, who runs Wanderlust Surf Camp in Sri Lanka, where weeklong packages, including accommodation and surf lessons, start from $575. It has been edited for length and clarity.

I’d been a teacher for decades, so September always meant going back to school.

But in 2022, while my colleagues returned to their classrooms, I was out on a surfboard in Sri Lanka, thinking to myself: Maybe I don’t have to go back.

I was a few months into my yearlong sabbatical when I realized I’d outgrown my old life.

I moved to Guernsey, a small British island off the coast of France, over 20 years ago, as a single mother with my then 5-year-old son. I took a teaching job at a local school and eventually worked my way up to a senior leadership role.


A woman surfing.

Burned out from work and nearing 50, she began reassessing her life. 

Provided by Rebekah Kellow.



As the years passed, the workload caught up to me. Stress made me very sick, and I took six weeks off before gradually returning to work. Approaching 50 also made me reassess my life.

I remember sitting with my line manager during a goal-setting review. For my personal goal, I said I wanted to take a sabbatical. I was told that I wasn’t allowed to write that, but I refused to change it.

Over the next few years, I downsized my house, bought a rental property, and waited until my son finished university before finally taking the sabbatical.

The year that changed everything

I always knew that the central part of my sabbatical would be training as a surf instructor. I’d surfed on and off in the past and taken lessons, although I never made much progress.

I’d spoken to people at my local surf school for years, and they recommended a course in Sri Lanka. Once I had the dates for that, I planned everything else around it.


A woman teaching a class.

During her sabbatical, she volunteered in Tanzania, traveled around Indonesia, and went to Sri Lanka for a surfing course. 

Provided by Rebekah Kellow.



I volunteered in Tanzania on a teaching project for three weeks, then spent about a month traveling in Indonesia before heading to Sri Lanka for the ten-week course.

When I arrived, everyone else was in their 20s, and I was 54, so it was a challenge. I had quit drinking the year before and upped my swim training, but the surfing itself was incredibly difficult.

However, I kept going. I was out there for an hour and a half, twice a day, sometimes in the most terrifying waves. By about week three, I started to feel strong.

I was also doing an hour of yoga every day, eating healthy, and getting to bed early. It was physically hard, but I felt so included and supported by the instructors and my fellow students. I never felt like an outsider.


A woman surfing.

Although the surfing course was tough, Kellow said she felt supported by the instructors and fellow students. 

Provided by Rebekah Kellow.



After the course, my plan had been to continue volunteering and traveling around the world.

But I ended up canceling because I fell in love with Sri Lanka — and most importantly, the people.

I looked at my pension and Sri Lanka’s cost of living and realized I could make it work if I was careful. So, I went back to Guernsey and retired early.

I worked a season at a surf school in Guernsey and even returned to Indonesia for a month to make sure I wasn’t just in love with the idea of living somewhere tropical. Sri Lanka still felt right.


A woman and her son posing in front of Guernsey Surf School.

Back in Guernsey, she worked at a local special school to gain experience. In this photo, she is pictured with her son, who has been supportive of her journey. 

Provided by Rebekah Kellow.



Betting on myself

In 2024, I went back to Sri Lanka and established my first business, a spa and yoga studio, with a yoga and meditation instructor I had met there.

It allowed me to obtain a resident visa, learn the ins and outs of running a business in Sri Lanka, and paved the way for what I really wanted to do: start a surf camp.

To help fund the project, I also returned to the role I retired from in Guernsey on a seven-month contract.

About a year later, my dream became a reality when I opened Wanderlust Surf Camp with a local surf instructor in Arugam Bay, a popular beach town on Sri Lanka’s eastern coast.

I don’t teach surfing here in Sri Lanka, but I’m very involved in the day-to-day running of the business, handling bookings, answering inquiries, and managing guest relations.


Back view of a woman holding her surf board.

In 2025, she opened a surf camp in a popular beach town on Sri Lanka’s eastern coast. 

Provided by Rebekah Kellow.



We offer weeklong packages with accommodation, breakfast, and two surf sessions a day. The camp, which can accommodate up to 16 guests, has three private rooms and a luxury dorm.

My days start early. We head out for a sunrise surf, then come back to the camp for breakfast. It gets very hot after that, so there’s some time to rest before we go out into the water to catch the sunset.

It’s a completely different life from the one I had before.

I have redefined who I am: I am no longer a teacher, approaching the end of my career, burnt out and weary. I am a surfer and a businesswoman.

If I hadn’t taken that sabbatical, I would probably be less fit, less healthy, and less happy.

These days, I feel completely free to do whatever I like whenever I like. Without all of this, I think I would have just been crawling my way to retirement as a jaded person.





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MongoDB (MDB) Remains Well-Positioned In The Database Market And Has Durable Growth Potential, Says BMO Capital

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MongoDB (MDB) Remains Well-Positioned In The Database Market And Has Durable Growth Potential, Says BMO Capital


With a short float of 4.43% and upside potential of 15.50%, MongoDB, Inc. (NASDAQ:MDB) earns a place on our list of the best cloud stocks to buy as Azure growth hits 40%.

MongoDB (MDB) Remains Well-Positioned In The Database Market And Has Durable Growth Potential, Says BMO Capital

On May 15, 2026, BMO Capital analyst Keith Bachman raised the firm’s price target on MongoDB, Inc. (NASDAQ:MDB) to $360 from $285 while keeping an “Outperform” rating on the shares.

In a note analyzing the competitive state of the database market with a focus on AI, the firm said MongoDB, Inc. (NASDAQ:MDB) and Postgres tend to win in different use cases, with both positioned to acquire AI workloads. BMO added that MongoDB remains well-positioned in the database market and has durable growth potential.

That view was supported by a recent customer win involving India’s Emergent Labs, a $100 million ARR AI coding platform serving 190 countries. The company chose MongoDB Atlas over PostgreSQL to power AI agents that build production-ready applications from natural language prompts, underscoring MongoDB’s growing relevance relative to its peers.

Against that backdrop, Citi took a more bullish stance on MongoDB, Inc. (NASDAQ:MDB).

On May 12, 2026, Citi raised its price target on MongoDB, Inc. (NASDAQ:MDB) to $450 from $400 and kept a “Buy” rating on the shares. Citi also opened an upside 90-day catalyst watch on the stock, noting that its channel checks suggested a significant ramp in Atlas usage in Q1 at several AI-native customers.

The firm further said MongoDB, Inc. (NASDAQ:MDB) was “bucking the trend” of a weaker software budget environment, adding to the case that demand for Atlas remains a key part of the company’s growth story.

MongoDB Inc. (NASDAQ:MDB) provides a general-purpose database platform through cloud-based, enterprise, and community offerings.

While we acknowledge the potential of MDB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.



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SpaceX IPO could be bad news for Tesla stock, investors warn

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SpaceX IPO could be bad news for Tesla stock, investors warn

SpaceX’s pending IPO reportedly scheduled for June will double Musk’s publicly traded companies, joining Tesla as a target for investors betting on the CEO’s moonshot goals around automation and space exploration. But rather than seeing twice the opportunity to cash in on a Musk-led enterprise, investors and analysts instead see red flags for Tesla stock.

“This cannot be a positive for Tesla,” Joe Gilbert, portfolio manager at Integrity Asset Management, told Bloomberg. “We believe that Musk’s focus will predominantly be lasered on SpaceX. Musk has proved to be able to balance multiple initiatives simultaneously in the past, but it feels like SpaceX is his new baby at the expense of Tesla.”

Tesla has had a difficult year: It saw the company’s first full-year revenue decline in its history last year, and despite improved sales in the first three months of this year, deliveries have fallen below analysts’ expectations, and production has continued to outpace sales.

Tesla did not respond to Fortune’s request for comment.

Though its stock is down about 5% year-to-date, Tesla’s stock trades well above what its fundamental performance reflects, according to analysts. Musk has recently touted Tesla as less of an electric vehicle producer and more of an AI and robotics company, exemplified by his projection that 80% of the company’s total value will be represented in its humanoid Optimus robot, despite no evidence of the project’s scaling, let alone to Musk’s goal of an annual capacity of 1 million robots.

SpaceX tells a different story. Among the stakeholders in conversations about putting data centers in space to scale the growth of AI, SpaceX has already shown promise of strong returns with Starlink, its satellite internet with more than 10 million subscribers, as well as its grip on the global orbital launch market, using reusable rocket boosters. The company’s IPO prospectus reveals a full-year revenue of $18.7 billion in 2025, a 33% year-over-year increase from 2024, but also that its losses are expected to similarly swell as it looks to expand rapidly. With a projected $1.75 trillion valuation, SpaceX would dwarf even Tesla’s $1 trillion worth.

“It’s sexy,” Ross Gerber, a Tesla investor and CEO of investment firm Gerber Kawasaki, told Fortune. “Everybody likes sexy things in the investment business.”

How does SpaceX’s IPO make Tesla’s troubles worse?

SpaceX being the new belle of the ball will only mount pressure on Tesla, according to Dave Mazza, CEO of Roundhill Investments. Investors bought into Tesla in part because of its ambitions around AI and robotics, and SpaceX’s success could undermine Tesla’s vision.

SpaceX’s success will likely depend heavily on Musk’s fanbase because, reportedly, 30% of its IPO may be allocated to retail investors, about three times the usual available for individuals, “pulling directly from the same pool that has been Tesla’s most loyal buyer base,” Mazza said.

“Tesla’s valuation has never been justified by vehicles alone, and investors are paying for the autonomy and physical AI thesis,” Mazza told Fortune. “SpaceX’s IPO sharpens that scrutiny, because investors will now have a cleaner, purer Musk innovation bet to benchmark against, which raises the bar for Tesla to actually deliver.”

Investors like Gilbert are also concerned about Musk’s personal investment of time and energy into Tesla, suggesting a renewed focus on the aerospace company would sap attention from Tesla. The concerns echo those of investors last year, when Musk was a special government employee overseeing the Department of Government Efficiency (DOGE), admitting it was challenging to juggle so many projects, while also alienating a consumer base that has historically leaned to the left and sought after EVs.

Mazza said this risk is present for all of Musk’s projects, however, and isn’t specific to SpaceX’s IPO. If you’re going to invest in a Musk-run company, you are buying with the understanding that he both brings value to the business, while also being largely responsible for its potential demise, he said.

“That concern is already priced in, as Musk’s divided attention has been a headline risk for years,” Mazza said. “The more relevant question is execution: Tesla needs to deliver on robotaxi and autonomy on its own timeline, and SpaceX going public doesn’t change that calculus one way or the other.”

Could SpaceX’s merger help save Tesla?

While SpaceX’s IPO may be bad news for Tesla stock, it could ultimately be good for business, Gerber said. The aerospace company going public has increased speculation of these two companies merging, a move that would grow Musk’s dominion over the AI market. SpaceX already owns Musk’s xAI, and the companies are already working jointly on developing Terafab, a semiconductor plant in East Texas.

A merger would simplify investor decisions to a simple binary, Gerber argued: If you believed in Musk’s vision, you would buy shares, and if you didn’t, you would invest elsewhere. But a merger would also shield Tesla from some investor scrutiny if other components of Musk’s ventures found success, especially as the EV-maker’s promises around full self-driving features have yet to come to fruition.

“This period of time could be very difficult for Tesla, on top of the fact that now you’re throwing out SpaceX,” Gerber said. “In a typical Elon fashion, there’s lots of messiness with all this, and how that all gets reconciled is through a merger.”



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Bitcoin and ethereum prices today, Thursday, May 21, 2026: Bitcoin and ethereum prices following a similar path

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Bitcoin and ethereum prices today, Thursday, May 21, 2026: Bitcoin and ethereum prices following a similar path


Bitcoin (BTC-USD) opened at $77,472.17 on Thursday, up 0.9% from Wednesday’s opening price. The value of bitcoin moved down to $77,276.02 by 7:17 a.m. ET.

Ethereum (ETH-USD) opened at $2,127.36 on Thursday, up 0.8% from Wednesday’s opening value. Ethereum’s price edged lower to $2,116.73 by 7:17 a.m. ET.

Both bitcoin and ethereum prices are following a similar path so far this week. The two largest cryptocurrencies have opened lower each day since the start of the week, but reversed course higher at this morning’s open. There is some optimism in the markets following the president’s comments that the war with Iran is in its final stages. However, no investors are overreacting to those seemingly positive comments, since both the U.S. and Iran have also been hinting that further escalation could happen in the coming days.

Current price of bitcoin and ethereum

Bitcoin

The price of bitcoin this morning was 0.9% higher than yesterday’s open. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:

  • One week ago: -2.3%

  • One month ago: +2.1%

  • One year ago: -27.5%

The all-time high for bitcoin was $126,198.07 on Oct. 6, 2025. The all-time low value for bitcoin was $0.04865 on July 14, 2010. 

Ethereum

The price of ethereum this morning was 0.8% higher than yesterday’s starting price. Here’s a look at how the opening ethereum price has changed versus last week, month, and year:

  • One week ago: -5.8%

  • One month ago: -8.1%

  • One year ago: -15.7%

The all-time high for ethereum was $4,953.73 on Aug. 24, 2025. The all-time low value for ethereum was $0.4209 on Oct. 21, 2015. 

Bitcoin, ethereum, and other cryptocurrencies are rapidly evolving. Follow the latest developments from Yahoo Finance and others here.

What is a crypto credit card?

A bitcoin or crypto credit card generally works just like any other credit card. When you apply and get approved, you’ll be assigned a credit limit, and you can use your card to make purchases. If you don’t pay your total balance by your card’s monthly due date, you’ll start to accrue interest at your assigned APR.

The difference is the types of rewards you’ll earn. Instead of earning airline miles, rewards points, or cash back on your spending, you’ll earn crypto. The percentage back you earn on each purchase — such as 3% back on gas or 2% back at restaurants — is converted from U.S. dollars to bitcoin or another cryptocurrency at the current market value. You can then access your rewards through your connected crypto account.

For example, say you make a $500 purchase that earns 3% bitcoin rewards. You’ll earn $15 in U.S. dollars on that purchase. With a bitcoin credit card, your $15 may be converted at the current bitcoin value (about 0.00014 bitcoin in October 2025) and deposited in your crypto account.

The biggest benefit of crypto rewards is the potential for growth over time. Let’s say you had a total bitcoin rewards balance worth $100 USD at the end of 2024. By early October 2025, the value of those same rewards would have increased to about $114 — even if you didn’t earn any additional rewards over that time.

Learn more: Do you need a bitcoin credit card? What you can gain (and lose) by earning bitcoin rewards on spending

Bitcoin and ethereum price charts

Whether you’re brand new to tracking the value of bitcoin and ethereum or a more seasoned crypto investor, Yahoo Finance’s price-of-bitcoin chart and price-of-ethereum chart below show a visual history of how the currency’s value continues to move and evolve.

More on crypto from the Yahoo Finance team: 



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Anthropic lands in London as AI-powered coding—and the anxieties around it—go mainstream

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Anthropic lands in London as AI-powered coding—and the anxieties around it—go mainstream

Welcome to Eye on AI. Beatrice Nolan here, filling in for AI reporter Sharon Goldman. In today’s issue: Anthropic’s Claude comes to London…OpenAI’s imminent IPO…Google DeepMind’s union battle…and worldwide AI spending on track to hit $2.59 trillion this year.

Most of Anthropic’s leadership team has hopped across the pond this week. The AI lab is hosting a series of events around the U.K., kicking off with Code with Claude London on Tuesday.

The company used the event to roll out new features for its Claude Agents, including sandboxes that let companies run agents on their own infrastructure, and ‘MCP tunnels’ that let those agents reach internal systems without touching the public internet. In short, new ways for companies to have more control and more security—a possible attempt to calm C-suite nerves about ungoverned AI. 

The London event, Anthropic’s first dedicated developer gathering in Europe, underscores how central the city has become to the AI ecosystem, with the city gaining even more prominence in recent months. Heavyweights including OpenAI, Anthropic, and Jeff Bezos’s AI lab, Project Prometheus, have all announced plans to build out a substantial presence in the city. Anthropic’s Claude event was heavily oversubscribed, with a mix of enterprise customers, startup workers, and Claude enthusiasts pouring into the riverside venue despite the rain. 

Engineers at startups told me they were using Claude Code and similar tools on a daily basis. Are they concerned about the existential risk this may pose to their jobs? Sure. But better the devil you know, they said. There were a few gripes about Claude’s recent performance issues and Anthropic’s lackluster response, but overall people were pretty happy with the product. (To be expected, perhaps at an Anthropic event.)

Enterprise customers were more complicated. While some were embracing the technology headfirst, others say the rollout has been slower. There’s still some uncertainty about what to automate and when, where a human is needed in the loop, and what can be safely handed off to AI tools. There’s also a certain amount of C-suite hand-holding required. All of these questions get much more pressing when dealing with highly regulated sectors like healthcare or banking. 

Anthropic’s head of engineering, Fiona Fung, had some advice for those wondering where to start when automating with Claude Code: “Pick your noisiest workflow…and ask if it’s still serving its purpose. If it’s something that is really expensive, is it something that Claude can handle?”

The main takeaway from the event: software engineering is undergoing a changing of the guard, with the grunt work of writing code increasingly handled by AI while humans concentrate on higher‑level decisions and keeping the systems on track. Coding everything by hand is starting to look less like a day job and more like a niche craft.

Boris Cherny, Anthropic’s head of Claude Code, told me he’s always cared more about the result of the work than the details of how the code gets written, and now many engineers feel the same way—they’re happy to let AI handle most of the coding as long as the business outcome is better. Some engineers miss the craft, he acknowledged, adding that some team members still write code on weekends by hand just because they miss it. Much like analog film photography, Cherny thinks there will always be a place for that kind of work.

“I buy my veggies at a farmer’s market,” Cherny said. “There’s always room for that.”

AI breakthroughs, existential risk, and AI therapy

Meanwhile, Anthropic co-founder Jack Clark headed to Oxford University to tackle some of the more philosophical questions posed by the technology the company is developing. In a wide-ranging and often frank lecture, Clark touched on subjects from the possibilities of Nobel Prize-winning AI aided discoveries to the use of his company’s tools for mental health. Oh, and the “non-zero chance” of AI killing everyone on the planet. 

He also argued that the pace of progress is accelerating to the point where society may struggle to keep up—warning that geopolitical and commercial competition are making it unlikely that development will slow, even if doing so might be safer.

Clark also revealed he had sought therapy in part because he had been using Claude to talk through some of his personal struggles, and the chatbot prodded him to seek out professional advice. 

AI systems need to be designed to do just that, he argued—prompt people to stop using them and seek out real human contact. However, to do this successfully, AI companies may need to be mindful of how they are designing these tools at a higher level. AI chatbots lean toward sycophancy by default, and several recent studies have shown how that tendency can reinforce harmful thinking or overconfidence if left unchecked.

Later this week, Anthropic leaders, including CEO Dario Amodei, are heading to the English countryside for an exclusive CEO forum for European leaders. The event is aimed at helping enterprises understand how they can adopt the company’s technology. What they may find harder to manage is the inevitable pressure from European executives hungry for access to Mythos—Anthropic’s too-dangerous-to-release model that has so far had a limited international release outside of primarily U.S. partners.

With that, here’s more AI news.

Beatrice Nolan

bea.nolan@fortune.com
@beafreyanolan

FORTUNE ON AI

Microsoft lost its way in the AI race. Can Copilot get it back on course? — Jeremy Kahn

SpaceX finally files IPO prospectus, reveals revenue is up–but losses are too  Allie Garfinkle and Alexei Oreskovic

AI IN THE NEWS

OpenAI’s imminent IPO. OpenAI is reportedly preparing to file confidentially for an IPO within days—potentially as early as Friday. The company is working with Goldman Sachs and Morgan Stanley, the Wall Street Journal first reported, citing people familiar with the matter. The move follows a recent legal victory over co-founder Elon Musk, removing a major obstacle. Internally, CEO Sam Altman has reportedly pushed for the listing while CFO Sarah Friar has urged caution. If it goes ahead, OpenAI’s debut would headline what could be a blockbuster year for tech listings, alongside SpaceX and potentially Anthropic. Read more in the Wall Street Journal. 

Google DeepMind’s union request rumbles on. Google DeepMind has declined a request from staff within a U.K. union for voluntary recognition but agreed to enter formal talks. The AI lab will meet unions including the Communications Workers Union and Unite through the U.K. arbitration service ACAS, a process that could lead to a formal employee vote on union representation in the coming months, employees and union representatives told Fortune. The push to unionize follows mounting internal concern about how DeepMind’s technology is used by the U.S. and Israeli governments for defense and intelligence purposes. DeepMind has said it respects its employees’ rights but prefers direct engagement over collective bargaining. Read more in The Guardian.

Anthropic is paying SpaceX $15 billion per year. In one of the more interesting revelations in SpaceX’s IPO filing, Anthropic is paying SpaceX $1.25 billion per month—$15 billion a year—through May 2029 as part of the compute deal the two companies signed earlier this month. The payments will be reduced for May and June as the deal ramps up, according to Wednesday’s S-1 filing. The financial details weren’t disclosed when the partnership was announced last month, only surfacing Wednesday when SpaceX filed for its IPO. Read more in Fortune.

Trump moves to vet AI models before release. According to a report in The New York Times, President Trump plans to sign an executive order giving the U.S. government new powers to scrutinize advanced AI models before they are released. The order would reportedly give the Office of the National Cyber Director and other agencies two months to design a process for reviewing models that companies share 14 to 90 days before launch. The aim is to catch security flaws before they can be used to attack important infrastructure such as banks or utilities. The move was reportedly sparked by Anthropic’s Mythos model, which officials fear could help adversaries discover software vulnerabilities at scale, intensifying internal debates between national security officials pushing for more oversight and those worried about slowing U.S. firms in the AI race with China. Read more in The New York Times.

EYE ON AI NUMBERS

$2.59 trillion 

That’s how much worldwide spending on AI is forecast to total in 2026, a 47% increase year-over-year, according to new data from Gartner. The surge is being driven largely by AI infrastructure—optimized servers, semiconductors, and cloud capacity—which alone accounts for over 45% of spending, with AI-optimized server spending expected to triple over the next five years.

The bulk of that spending is still coming from tech vendors and hyperscalers rather than enterprises, which Gartner says have yet to really flex their spending potential. Model consumption is forecast to grow 110% this year, adding $6 billion in new spending, as companies expand into agentic workflows and multi-step AI processes. Gartner Distinguished VP Analyst John-David Lovelock noted that most organizations are still favoring tactical, incremental AI initiatives over more disruptive transformation, making it harder for CIOs to prove value and show tangible business outcomes from their AI bets.

AI CALENDAR

June 8-10: Fortune Brainstorm Tech, Aspen, Colo. Apply to attend here.

June 17-20: VivaTech, Paris.

July 6-11: International Conference on Machine Learning (ICML), Seoul, South Korea.

July 7-10: AI for Good Summit, Geneva, Switzerland.

Aug. 4-6: Ai4 2026, Las Vegas.



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Jeff Bezos says some Americans should pay zero federal income tax

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Jeff Bezos says some Americans should pay zero federal income tax


Amazon executive chairman Jeff Bezos, by some estimates the world’s fourth-wealthiest person, has turned the tables on the “tax the rich” effort. He is advocating for eliminating federal income taxes for lower-income Americans.

In an interview on Wednesday with CNBC, Bezos reflected on his upbringing as the son of a Cuban immigrant and a teenage mother, who “brought themselves up” during hard times.

“I want to make sure that the people who are struggling today have a chance to do that, too, to bring themselves up, and maybe they’re going to be the next Steve Jobs,” Bezos said. “Maybe one of their kids will be the next Steve Jobs. I don’t know, but we can give them a better chance by eliminating their tax bill.”

While Bezos also argued that raising taxes on the wealthy will do little to help struggling households, efforts to tax high earners continue to gain traction. New York City mayor Zohran Mamdani launched a “pied-à-terre” tax on luxury second homes of wealthy property owners who don’t live in the city full time. And a half dozen or more states are considering so-called “wealth taxes” as well.

Read more: California billionaire tax moves closer to November ballot: What to know

‘A nurse in Queens should not pay taxes’

Bezos said that the top 1% of earners pay 40% of taxes, while the bottom half of earners pay only 3% of all tax revenue.

“A nurse in Queens who makes $75,000 a year pays more than $12,000 a year in taxes. Does that really make sense? How about we start by having the nurse in Queens not pay taxes? That’s $1,000 a month that could help with rent or groceries or anything. The bottom half of income earners in this country pay only 3% of the taxes. It’s only 3%. We can find 3%,” Bezos said.

Data from the Tax Foundation, a tax research think tank, generally aligns with Bezos’ figures. According to the organization, in 2023, the top 1% of taxpayers paid 38.4% of all federal individual income taxes, while the bottom half of taxpayers, who earn less than $53,801, paid 3.3% of the total.

“When people are starting out and they’re struggling, stop taxing them. We don’t need it. We live in the wealthiest country in the world,” Bezos said.

However, about 76 million households paid no federal income tax in 2025. According to the Tax Policy Center, 70% earned less than $75,000, and 45% earned less than $40,000. Many taxpayers used the standard deduction, as well as other exclusions and credits, such as the earned income tax credit and the child tax credit, to reduce their tax liability, the Tax Policy Center said.

Read next: Get ahead of next year’s taxes: 6 moves to make right now

The ‘Keep Your Pay Act’

There have been congressional bills floating the concept of reducing or eliminating taxes for households of modest means, though none have advanced significantly.

In March, Sen. Cory Booker (D-N.J.) introduced the Keep Your Pay Act, which would make the first $75,000 of income tax-free for households filing jointly.

“This plan can be fully paid for by unrigging our tax system — so that the wealthiest few and the biggest corporations that are getting rich by keeping prices high finally start paying their fair share,” Booker said in a statement announcing the proposal.

The bill was referred to the Senate Finance Committee, where it remains.

A half-million dollars in taxes over a lifetime

While families of modest means surely would applaud a no-federal-income-tax initiative, their tax bills wouldn’t disappear. There are still state and local income taxes, payroll taxes, sales taxes, property taxes, capital gains taxes, and excise, estate, and gift taxes.

An estimate compiled by Paradigm Life Insurance listed 97 different taxes in the U.S. tax code, including:

  • Air Transportation Taxes

  • Biodiesel Fuel Taxes

  • Building Permit Taxes

  • Business Registration Fees

  • Cigarette Taxes

  • Driver’s License Fees

  • Fishing License Taxes

  • Gasoline Taxes

  • Hotel Taxes

  • Hunting License Taxes

  • Inspection Fees

  • Inventory Taxes

  • Library Taxes

  • Liquor Taxes

  • Local School Taxes

  • Professional Licenses And Fees

  • Toll Booth Taxes

  • Self-Employment Taxes

  • Vehicle Registration Taxes

  • Workers Compensation Taxes

And that’s not a complete list.

Self, a financial technology company, estimates that the average American will pay over $520,000 in taxes in their lifetime — a third of all earnings. That includes income taxes, property taxes, and taxes on everything from everyday expenses to the cost of driving the most popular vehicle (a Toyota RAV 4, which costs $38,889 in taxes alone, based on an average of four purchased over a lifetime).

“However, due to local property markets, salaries, and government actions, some states see taxpayers paying even more than the national average,” the analysis said.

New Jersey residents pay the most taxes over their lifetimes ($987,117), while those living in West Virginia pay the least ($358,407), according to the Self report.



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US Special Ops Vets Train Ukrainians to Keep Each Other Alive

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US Special Ops Vets Train Ukrainians to Keep Each Other Alive


US special ops veterans are training Ukrainian civilians to keep each other alive when ambulances, medics, and rescuers cannot reach them quickly.

In Ukraine, Russia’s drones and missiles hit homes, towns, hospitals, and ambulances, and medics responding to an initial strike may themselves become targets. Civilians close to the fighting might have to treat battlefield-style injuries while waiting hours, or longer, for help.

It is a civilian survival problem in Ukraine, but it echoes a military one. Soldiers in the field often cannot count on the life-saving “golden hour” that Western forces could in recent wars, when quick evacuation and treatment increased the chances of survival.

In Ukraine’s chaotic fight, on and off the front lines, the wounded can end up on their own for long stretches.

Mark Antal, who spent 12 years in the US Army’s 1st Special Forces Operational Detachment-Delta, told Business Insider that “this war is a little different than what we’re used to. We used to control everything.”

In recent wars, Western forces generally fought with air superiority, evacuation networks, and rear areas that were safer than what Ukraine faces now. And Western civilians were far from harm’s way. In Ukraine, by contrast, every part of the country has been struck by missiles and drones, so “no one is safe at any time,” Antal said. And the West worries the same may be true for it in future wars.

Mark and his wife, Christine Quinn Antal, a US veteran and a former Army advisor on security to Ukraine, founded Task Force Antal as a nonprofit organization that has US special operations forces veterans bring life-saving supplies, including medical gear, to conflict zones, including Ukraine, where they train civilians in front-line emergency medicine.

Christine told BI that the purpose is to educate regular people who “never thought that they would be” in a situation where they’re “packing a wound from shrapnel or from an explosion in their neighbor’s apartment.”


A large pile of rubble among damaged buildings with people in high-vis clothing standing on top of it

Russia’s drone and missile attacks are hitting towns and cities, not just military targets. 

Oleksandr Klymenko/Ukrinform/NurPhoto via Getty Images



The goal is to teach civilians to keep each other alive as long as possible, until more help can arrive.

A new type of war

Jeffrey Wells, a US Navy veteran with experience in Afghanistan and Iraq, now working with Task Force Antal in Ukraine, described this war to Business Insider as “very different, first and foremost, than the last 25 years of Western conflict.”

In the wars in the Middle East, the West has had enough control that if someone was injured, “you could get a helicopter there pretty quickly and get them to a hospital.”

Ukraine doesn’t control the sky the way the West did in Iraq and Afghanistan, where US forces still faced serious danger but often had air cover, evacuation routes, and more secure bases behind them. War in Ukraine is a brutal slog, and the same safety nets often are not there for soldiers or civilians.

Wells said that “the airspace is incredibly important to the survivability from a traumatic wound,” but Ukraine shows that control isn’t guaranteed in the future. “I think the last 25 years may be over from commanding the airspace, just from an observation of Ukraine.”

For civilians, that lack of control can result in long waits for help after an attack. “For Ukrainians, especially in the front-line cities, how soon an ambulance might get there, it could be an hour, it could be 12 hours,” Wells said.

Christine said that this war is different from what the West is used to because Russian targets are “just so blatantly civilian.” There are attacks not solely on military targets but also on Ukrainian cities. “Generally speaking, I don’t think we’ve seen such large-scale deliberate targeting of civilian structures or infrastructure,” she said.

In Ukraine, civilians often suffer the same types of injuries as soldiers, often fragmentation injuries from drones and missiles. Task Force Antal initially prepared for gunshots, but that’s no longer the focus. Instead, it’s shrapnel.


Two men in camouflage hold a black and grey drone in a field with white flowers and trees

In Ukraine, most injuries come from drones rather than gunshots. 

Diego Herrera Carcedo/Anadolu via Getty Images



A wait for safety

The West is used to being able to offer quick treatment to soldiers, but in Ukraine, the intense fighting means injured troops can be stuck waiting for days, with only their comrades’ medical skills keeping them alive.

For civilians, the same lesson applies: the first person able to help may be a neighbor, not a medic.

Civilians need to be trained for long wait times and to be patient rescuers, Mark said. Observation, patience, and skill are all necessary. Rushing out into a barrage can be costly. If “you become a victim,” he said, “you can’t help anyone else.”

“We’re seeing more and more of the secondary follow-up attacks,” where Russia targets responders in what are called double-tap strikes.


Two men in dark tracksuits walk over large pieces of rubble

In Ukraine, the regular attacks can delay formal medical help. 

Yan Dobronosov/Global Images Ukraine via Getty Images



Wells said that Russia increasingly launches an attack, “and then kind of waits for emergency services to head on-site and then launch another attack.” Emergency services are having to wait longer before responding, putting more of the first response on civilians already there.

That’s been a learning process for everyone involved in building these skills. “I wouldn’t have realized, even having been in the Army, how important it is to keep your patient warm” through improvisations like pulling curtains down or using bedsheets to pack wounds, Christine said.

She said Ukrainian soldiers and civilians need to know more about medical treatment than what many of their NATO counterparts typically learn. “It’s an anathema in most NATO countries that you would allow or teach laypeople that level of medical care.”

Ukrainian civilians help each other under the threat of secondary attacks, of falling buildings and infrastructure, in the dark and without heat or light sources, and without being able to move with the injured person for long periods, as attacks and targeting continue. To help, Task Force Antal says it distributes items such as battery-operated headlamps, along with medical gear.

Christine said that her organization has “a long waiting list of folks that want us to come to their town or their community.” She said, “These are people like all of us, and their hometowns are under attack.”





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