Jeff Bezos says Amazon supports a corporate-tax hike, arguing that Biden's infrastructure plan will
Source: Business Insider
require 'concessions from all sides'
Amazon CEO Jeff Bezos has come out in support of President Joe Biden's $2 trillion infrastructure plan, including the corporate-tax hike.
"We recognize this investment will require concessions from all sides - both on the specifics of what's included as well as how it gets paid for (we're supportive of a rise in the corporate tax rate)," Bezos wrote in a statement shared on Amazon's Twitter account, calling the plan "a bold investment in American infrastructure."
Link to tweet
Biden introduced last week the first piece of a massive two-part infrastructure package known as the American Jobs Plan.
The package is expected to have wide-ranging effects on the American economy. It includes federal spending to improve the nation's aging roads, bridges, and ports; clean-energy projects; broadband in rural areas; affordable-housing initiatives; and funding for care workers.
Read more: https://www.msn.com/en-us/money/markets/jeff-bezos-says-amazon-supports-a-corporate-tax-hike-arguing-that-biden-s-infrastructure-plan-will-require-concessions-from-all-sides/ar-BB1fmwCD?ocid=DELLDHP
Waiting for Mitch McConnell's anti Amazon tirade.
OAITW r.2.0
(24,455 posts)leftieNanner
(15,082 posts)They will still pay zero in taxes.
Because 7% of zero is zero.
zentrum
(9,865 posts)PoliticAverse
(26,366 posts)Tommymac
(7,263 posts)And he is trying to spin Amazon so working folks continue to use his platform.
Maybe the horse is going to sing after all.
twodogsbarking
(9,732 posts)Create a tax on revenue. Would only need to be a fraction of a percent.
oldsoftie
(12,531 posts)Opening centers all over the country.
Maxheader
(4,372 posts)before midterms....
Luciferous
(6,078 posts)turbinetree
(24,695 posts)forward, since your firm and 54 others paid not one dime in taxes, not one dime........how about we start from that platform........