Amazon executive chair Jeff Bezos accuses U.S. politicians of villainizing the ultra-wealthy and using tax policy as a political wedge issue to distract from bigger challenges facing the country.
35 reposts131 likes
Amazon executive chair Jeff Bezos accuses U.S. politicians of villainizing the ultra-wealthy and using tax policy as a political wedge issue to distract from bigger challenges facing the country.
35 reposts131 likes
Big words from a man who regularly pays <1% in income taxes! bsky.app/profile/rbre...
Effective tax rate paid by Jeff Bezos from 2014 to 2018: 0.98% Effective 2025 federal tax rate paid by Amazon: 1.4% Typical tax rate paid by the average American: 14.5% Just thought I should point that out.
As Piketty pointed out (Cit21c, 2013), taxation of the rich isn't there to fix all the revenue problems. It's there to keep the rich from getting so wealthy they can manipulate the system, become menaces to society. bsky.app/profile/bft....
“The primary purpose of the capital tax is not to finance the social state but to regulate capitalism. The goal is first to stop the indefinite increase of inequality of wealth, and second to impose effective regulation on the financial and banking system in order to avoid crises.“
These guys literally live like Bond villians (see half-billion dollar yacht) and corporate media is trying to make us feel sorry for them? en.wikipedia.org/wiki/Koru_(y...
Besos is among the top predator class destroying the world. IMO he is pure evil. But It's the corporate citizen that created the predator class. bsky.app/profile/aste...
1/ The fundamental crisis of the 21st century Western world is not capitalism. The crisis is corporate citizenship, the radical legal fiction that a balance sheet has the same constitutional liberties, protections, and voice as a living, breathing human being. This is the cause of US decline. 🧵
NBC managed to do the interview without pointing out Bezos pays a tax rate of a 1.1 percent. He also claimed "Melania" was profitable when the numbers are public. www.propublica.org/article/the-...
@nbcnews.com Hey, why don’t you ask him what his tax rate was for the past ten years that might be illuminating.