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Tue Apr 6, 2021, 07:36 PM

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."




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.

10 replies, 1950 views

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Reply Jeff Bezos says Amazon supports a corporate-tax hike, arguing that Biden's infrastructure plan will (Original post)
Yo_Mama_Been_Loggin Apr 6 OP
OAITW r.2.0 Apr 6 #1
leftieNanner Apr 6 #2
zentrum Apr 6 #4
PoliticAverse Apr 6 #3
Tommymac Apr 6 #5
twodogsbarking Apr 7 #6
oldsoftie Apr 7 #7
Maxheader Apr 7 #8
Luciferous Apr 7 #9
turbinetree Apr 7 #10

Response to Yo_Mama_Been_Loggin (Original post)

Tue Apr 6, 2021, 07:38 PM

1. Is Bezos now a socialist?

Only if you are a Republican.

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Response to Yo_Mama_Been_Loggin (Original post)

Tue Apr 6, 2021, 07:38 PM

2. Well, if we raise Amazon's Taxes by 7%

They will still pay zero in taxes.

Because 7% of zero is zero.

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Response to leftieNanner (Reply #2)

Tue Apr 6, 2021, 08:07 PM

4. Ha! Good one.

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Response to Yo_Mama_Been_Loggin (Original post)

Tue Apr 6, 2021, 07:43 PM

3. Jeff Bezos announces Amazon wants more corporate welfare that they will avoid paying for. n/t

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Response to Yo_Mama_Been_Loggin (Original post)

Tue Apr 6, 2021, 10:14 PM

5. Methinks ol' Jeff knows what's coming out of Alabama...

And he is trying to spin Amazon so working folks continue to use his platform.

Maybe the horse is going to sing after all.



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Response to Yo_Mama_Been_Loggin (Original post)

Wed Apr 7, 2021, 07:16 AM

6. Tax rate means nothing if you have no taxable income.

Create a tax on revenue. Would only need to be a fraction of a percent.

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Response to twodogsbarking (Reply #6)

Wed Apr 7, 2021, 07:26 AM

7. Amazing how they have no profitable income yet have plenty of money

Opening centers all over the country.

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Response to Yo_Mama_Been_Loggin (Original post)

Wed Apr 7, 2021, 08:23 AM

8. They need to get it passed...



before midterms....

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Response to Yo_Mama_Been_Loggin (Original post)

Wed Apr 7, 2021, 08:29 AM

9. Rates don't matter if they still pay nothing!

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Response to Yo_Mama_Been_Loggin (Original post)

Wed Apr 7, 2021, 12:42 PM

10. Concessions from both sides........how about paying back taxes on earnings, lets say from 2017

forward, since your firm and 54 others paid not one dime in taxes, not one dime........how about we start from that platform........

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