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Jeff Bezos says Amazon supports a rise in the corporate tax rate and making bold investments in US infrastructure, but stops short of supporting Biden's plan

- Amazon CEO Jeff Bezos on Tuesday voiced support for raising the corporate tax rate but stopped short of saying he supports President Joe Biden's plan for the increase. Source: About Amazon .

CNBC Annie Palmer

Discussion

  • @amazonnews @amazonnews on x
    A message from Jeff Bezos. https://www.aboutamazon.com/ ... https://twitter.com/...
  • @josh_wingrove Josh Wingrove on x
    After Biden singled out Amazon last week for paying nothing in federal taxes recently: https://twitter.com/...
  • @bigsteve207 Steve Robinson on x
    Jeff Bezos: “we're supportive of a rise in the corporate tax rate [which we will avoid paying and which we know will harm our competitors more than us; we also hope backing tax hikes will buy us protection from any anti-trust nastiness.] https://twitter.com/...
  • @tonyromm Tony Romm on x
    But I don't see anything here about 28 vs 25 percent https://twitter.com/...
  • @ingrahamangle Laura Ingraham on x
    Amazon calls for higher taxes, which of course aren't that much of a problem when you have a monopoly. https://www.aboutamazon.com/ ...
  • @trish_regan Trish Regan on x
    Jeff Bezos says he supports Biden for a hike to corporate tax rate. #Amazon in 2019: - Pre-tax income: $13.9 billion - Fed tax paid: $162 Million - Rate paid: 1.2% Maybe Bezos wants to contribute back taxes for past 4 years? https://omny.fm/...
  • @mrbrowneyes2020 Aaron D. on x
    Easy to support increasing the corporate tax when you dont pay tax regardless. But yeah, higher corporate taxes are still good. We just need to close about a BILLION loopholes. https://www.cnbc.com/...
  • @lisaabramowicz1 Lisa Abramowicz on x
    “We're supportive of a rise in the corporate tax rate” to pay for Biden's infrastructure plan: Amazon's Jeff Bezos https://www.aboutamazon.com/ ...
  • @teddyschleifer Teddy Schleifer on x
    Rare these days to see Bezos himself weigh in on public policy questions —> https://twitter.com/...
  • @ryangrim Ryan Grim on x
    If you claim no taxable income then of course you're fine with an increased tax rate. That's just more taxes for companies that actually pay. https://twitter.com/...
  • @michaeldelauzon @michaeldelauzon on x
    What a joke! Bezos makes thousands of dollars a minute. He doesn't owe back taxes because of tax laws Bezos and other gazilionairez contribute to corrupt members of Congress. It's the poor who get screwed every time. https://twitter.com/...
  • @benshapiro Ben Shapiro on x
    Interesting idea to bet on the good will of the party that thinks your very existence is a mark of deep societal inequity https://twitter.com/...
  • @vincecoglianese Vince Coglianese on x
    Yes, we support creating hurdles that only the wealthiest companies can clear https://twitter.com/...
  • @read_n_learn Scott Ruesterholz on x
    Which they will pass on to consumers or squeeze mom & pop suppliers further to pay for. https://twitter.com/...
  • @rainygay1 Rainygay on x
    Amazon said they're moving offices from Seattle to Bellevue because there was a relatively small tax passed to fund a response to homelessness https://twitter.com/...