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.