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After years of avoiding federal taxes, Amazon backs Biden’s corporate tax hike

After years of avoiding federal taxes, Amazon backs Biden’s corporate tax hike

Amazon boss Jeff Bezos said he backs a hike in corporate tax rate as part of an infrastructure upgrade. This comes after Bezos faced criticism from President Joe Biden, Congress and the public. Biden had said Amazon was one of those top companies that ’use various loopholes where they pay not a single solitary penny in federal income tax,’ whereas middle-class families pay over 20% in tax rates.

Simone
Simone
glenn
glenn 2 days

Reading these comments leave me so little hope for the future. The economic illiteracy of more than half the commenters is terrifying.

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After years of avoiding federal taxes, Amazon backs Biden’s corporate tax hike

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