Amazon CEO Jeff Bezos on Tuesday voiced support for raising the corporate tax rate but stopped short of saying he supports the president's plan for the increase. The panel discusses Bezos' remarks and how 55 big U.S. companies avoided federal taxes in 2020. Aired on 04/07/2021.
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#JeffBezos #Amazon #MSNBC
Amazon CEO Supports Higher Corporate Taxes To Pay For Infrastructure Plan | Morning Joe | MSNBC
Amazon is the bull, we need to grab it by the horns
Amazon is doing what Standard Oil did back in the Day.
It needs to be castrated and tamed.
People like Amazon Facebook and oil tycoons and just plain billionaires should pay higher taxes.
Leave the poor people alone.
Make the GOP like Moscow mitch Mctraitor and his wife Elaine Chao pay.
Of course he supports it. Without roads, highways, bridges, trains and their stations, planes and their airports and ships with their harbors, there would be NO amazon.
@TheJimprez Andre’s wasn’t whining – just stating the obvious in a matter of fact manner.
@HS go away you sad propogandists. You have no credibility while you hide behind a fake name.
@Michael
How would it affect small business owners unless they earn $400k annually? If they are making that type of money then their taxes should be increased as well. You would think that just because it’s classified as a small business because of fewer employees they have they should have limitless nontaxed income!!!!
Out
@Gata Iamanu I said a LIVING wage. Not a wage that has many seeking more than one job.
🦅🇺🇸✨✨GOD BLESS PRESIDENT BIDEN and JEFF BEZOS!!! ✨✨🇺🇸🦅🦅🇺🇸✨✨BIDEN/HARRIS 2024!!! ✨✨🇺🇸🦅🦅🇺🇸✨✨HARRIS/BUTTIGIEG 2028!!! ✨✨🇺🇸🦅
Making the rich people and companies pay their fair share of taxes to help build up America needs to happen!
@Joe Dementia Fingers yep jobs that require people to collect food stamps. 👍
@Joe Dementia Fingers Demand creates jobs, No one is going to hire people just cause they have extra money laying around.
Bezos means everyone except himself.
@R Torres Chuck Schumer is a Pawn of the Financial Industry in NYC. Taxing the Financial Institutions better is part of the solution. Chucky boy isn’t gonna go for that.
🦅🇺🇸✨✨GOD BLESS PRESIDENT BIDEN and JEFF BEZOS!!! ✨✨🇺🇸🦅🦅🇺🇸✨✨BIDEN/HARRIS 2024!!! ✨✨🇺🇸🦅🦅🇺🇸✨✨HARRIS/BUTTIGIEG 2028!!! ✨✨🇺🇸🦅
Income disparity is absolutely a problem – all should pay their fair share in taxes, and let’s face it – if the customers of these companies cannot afford to buy from them, at some point, it all collapses.
I blame Reagan and his supply side economic theory bull crap. Labor and middle class started going down the tubes after that.
ya, right, Amazon Bezos needs to back pay all the taxes he avoided paying
He didn’t avoid taxes. He followed the law. Become informed before you spout nonsense.
Everything he has done is legal. Not Ethical but legal. Amazon has more representation in DC than 100 million voters.
@Magical Frijoles the law is unjust, asshat. The law is written by and for the rich, and are against the interests of the poor and non rich. The rich rule over us as lords. You are a modern serf clamoring to support your masters. You’re disgustingly pitiful.
@D D
Whose responsibility is it to make the tax laws ? Bezos is law abiding. You want to go after someone, go for folks like McConnell.
REPARATIONS
Bezos needs good roads for all his trucks going to every house in America.
@Carrie Ullrich No I live in a town and trucks deliver here. It probably has to do with the most effective use of the fleet.
I can assure you whatever his motives are they are 100% self serving
@John snow Yeah, A grocery Store does…Low Margins…High Volume. You clearly don’t run a business.
@Magical Frijoles No. It’s per couple…so less per person.
@David C You are right. It is per family. My point still stands that it has nothing to do with corporate tax rates.
Of course, it’s a win-win for corporations. Why are people so short-sighted? Look at the big picture.
That is one of America’s downfalls, shortsightedness.
“America will always do the right thing, but only after they exhausted every other option.” Winston Churchill
@E E Because the British were EXPERTS at avoiding the right thing until forced to do so.
This from a slave wage payer that has his employees pee in a bottle while delivering items because that can’t take breaks .
@MeanGeneSanDiego NOT if they have a choice YSMF
@Hanover Green $15/Hr. for unskilled labor isn’t fair to you? Pffft! Get real, Komrade!
Lol if you are to afraid to pee maybe do what normal human beings do and find a better job, unless you have no education you should be fine. Lazy unadaptive scrubs.
@[Hashknight Gaming] Yeah no problem treating your employees like they are animals . I mean surely they can just be discarded and replaced because they are nothing to amazon to begin with . RIGHT D.S ?
🦅🇺🇸✨✨GOD BLESS PRESIDENT BIDEN and JEFF BEZOS!!! ✨✨🇺🇸🦅🦅🇺🇸✨✨BIDEN/HARRIS 2024!!! ✨✨🇺🇸🦅🦅🇺🇸✨✨HARRIS/BUTTIGIEG 2028!!! ✨✨🇺🇸🦅
Outstanding, lets get all the CEO’S to do this so we can get this done its not hard to do if they bite the bullet and do what they can do for their country…its a win/win.
@zztzgza, Republicans don’t run elections on false promises of “sticking it to the rich guy”.
@bryanatwku No, they stick it to the poor guy, who most times ends up being their own deluded base.
Don’t get too excited, he’s not sincere.
@bryanatwku They run on abusing brown people and they keep that promise.
@bryanatwku Right…The Repubs are too busy soaking the Rich Guys (Companies) for campaign contributions…so they won’t “stick it to any rich guy”.
Bezos acts like he’s being magnanimous by paying more tax when these corporations should have been paying their fair share all along.
@joey kaushik do you even know what loopholes you’re just parroting?
he wont pay anything in this new plan too, i think ? does amazon ay any corporate tax ?
🦅🇺🇸✨✨GOD BLESS PRESIDENT BIDEN and JEFF BEZOS!!! ✨✨🇺🇸🦅🦅🇺🇸✨✨BIDEN/HARRIS 2024!!! ✨✨🇺🇸🦅🦅🇺🇸✨✨HARRIS/BUTTIGIEG 2028!!! ✨✨🇺🇸🦅
@Irish Gal jealous of what? that empty space in peoples heads.. no one wants to be you.
@Divided&Conquered bull
A system which allows the astounding wealth disparities found in America will not stand forever. At some point the people at the bottom will no longer tolerate it.
@R Sihl thats because men earn a dollar and women only earn seventy-five cents. Women get screwed twice in the present system because not only does the present pay system screw women but also because of the disparity in pay Social Security payments are less for women. Another inequity is that women’s clothes are more expensive then mens. I pay more for my blue jeans than my partner pays for his same with shirts, socks and shoes. If I buy the exact same product, except for size and the department in which I get it, it costs more for my item than my partner’s and I am smaller than he is. So what is going on there?
@Rose Huber I do not buy new clothes so I do not know if women’s clothing is more expensive here.
@R Sihl go out and check it out. My partner and I have and I pay more. I do not know why though.
@Rose Huber 🐱
@Rose Huber I will do it.
“One of the prime examples”. I see what you did there Joe.
Jeff Bezos own wealth represents 10% of the total infrastructure plan. If he was giving 99% of his fortune, he would still be a billionaire (richer than tRump for what it’s worth).
What Bezos really means: we’re not going to pay taxes anyway, since we’ll find loopholes, but if everyone else pays more to help make shipping our goods easier, then we’re all for it!
You precisely expressed my thoughts so I copied and paste.
Amazon reinvests, thus generating ZERO Profit, and paying ZERO Taxes.
Biden has a team working full time to close those loopholes.
I agree
@BigCooter.com that is incorrect, whatever you buy has taxes, so reinvesting is a way to pay taxes, expanding and hiring new workers is paying taxes, etc. They may evade income tax by reinvesting, but that is NOT the same as not paying taxes at all.
“You want to raise the rates on that thing that I don’t pay anyway?
…yeah, sure, I’m all for that!
Two thumbs up.”
Touche’.
Thumbs up for Jeff Bezos! I hope others will follow. The corporate greed should stop. It’s about time they give their fair share and not think about profits all the time.
They also need to close all the loopholes which the GOP promised to do when pushing the tax cuts, but as usual they don’t do anything.
A great author and philosopher once said, “If you eat a billionaire you have food for one day. If a billionaire realizes you are willing to eat him….he’ll see that you have a lifetime of food.”
@Damian I should’ve said, “time to start SHOWING that we’re willing to eat billionaires.”
Great philosophy
That didn’t work out for Matt Gaetz. Or his boy, Joel.
WoW. That’s definitely a saying..
That sounds like something Confucious would have said.
Hit them with the corporate tax, but in all honesty. If you really want them to know what it’s like to be us, hit them with a personal wealth tax increase. Then you’ll see these C.E.O.’s change their tunes.