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Well OK, but is he preparing for a run for president or something? [View all]
Jeff Bezos says bottom half of earners should pay zero in income taxes (CNBC) Amazon Executive Chairman Jeff Bezos on Wednesday called for zero federal income taxes on the bottom half of earners.
The top 1% of taxpayers pay about 40% of all the tax revenue, and the bottom half pay 3%, Bezos told CNBC’s Andrew Ross Sorkin on “Squawk Box.”
“I don’t think it should be 3%,” Bezos said. “I think it should be zero.”
The bottom half of taxpayers had an adjusted gross income of nearly $54,000 in 2023, according to the Tax Foundation, citing the most recent IRS statistics. By contrast, households in the top 1% earned at least $676,000 of income that year.
...
The top 1% of taxpayers pay about 40% of all the tax revenue, and the bottom half pay 3%, Bezos told CNBC’s Andrew Ross Sorkin on “Squawk Box.”
“I don’t think it should be 3%,” Bezos said. “I think it should be zero.”
The bottom half of taxpayers had an adjusted gross income of nearly $54,000 in 2023, according to the Tax Foundation, citing the most recent IRS statistics. By contrast, households in the top 1% earned at least $676,000 of income that year.
...
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