Jeff Bezos promises you that doubling his taxes won't make your life better
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Jeff Bezos promises you that doubling his taxes won't make your life better
The remarks claim that tax revenue comes mostly from the top one percent, while the bottom half contributes a small share. The position states that low earners should pay zero taxes and that zero has strong value. The argument also says that increasing taxes on a billionaire would not fix problems faced by ordinary workers, such as a teacher in Queens. The remarks acknowledge that debates about paying more can happen, but they reject the idea that higher billionaire taxes automatically solve broader issues. The remarks further contrast the societal value of for-profit companies with the impact of philanthropy.
"“One percent of taxpayers pay 40% of all the tax revenue; the bottom half pay only 3%. I think it should be zero,” Bezos said. “I think there's something very powerful about zero.”"
"“If people want me to pay more billions right, then let's have that debate, but don't pretend that that's going to solve the problem,” Bezos told CNBC. “You could double the taxes I pay, and it's not going to help that teacher in Queens. I promise you.”"
"“Don't tax me more,' says the billionaire worth hundreds of billions while teachers buy classroom supplies with their own paychecks. Cool system,” said a user on X."
"“If I do my job right, the value to society and civilization from my for-profit companies will be much, much larger than the good that I do with my ch"
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