Jeff Bezos, you were so close to making a good point
On Wednesday morning, Jeff Bezos said in an interview on CNBC that Americans earning in the bottom half of incomes should not pay taxes.
“Why is a nurse in Queens who makes $75,000 a year paying more than $1,000 a month in taxes?” Bezos said. “That’s $1,000 that could help with rent, or groceries, or anything… To me, it’s kind of absurd that we’re doing this. We shouldn’t be asking this nurse in Queens to send money to Washington. They should be sending her an apology.”
Bezos argues that the lower half of earners only pay 3% of total taxes, so people like that nurse are struggling to make ends meet while devoting about 16% of their salary (per Bezos’ estimation) to pay taxes that barely move the needle in Washington.
This moment of empathy may be surprising coming from Bezos, one of the wealthiest people in the world. Billionaires...
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