Bloomberg, like Trump, is part of the oligarchy that started running this nation with the election of ronald reagan.
Bloomberg wants his class to retain control over our government. Trump scares him because the end result of Trump’s antics might be the Oligarchs’ loss of power.
Often ignored historical fact: The income tax was originated in the Progressive Era in the end of the 19th century specifically to take the wealthy’s ability to buy the government away from them. Raise the SOB’s taxes to 98% and we’ll have our country back.