Jeff Bezos says bottom half of earners should pay zero in income taxes

5 pointsposted a day ago
by khutorni

5 Comments

u1hcw9nx

a day ago

> However, when counting refundable tax credits, the bottom 40% of taxpayers already pay no income tax,

tim-tday

a day ago

I’ve paid taxes on my income since I was 15. At no point in my life have I paid zero income tax. Especially when I was dirt poor.

Every time I make more money I pay less tax.

seanmcdirmid

a day ago

Not to mention that pay roll taxes are where the poor are hit the most, even if their income tax rate is small, payroll taxes are almost flat rate.

evil-olive

a day ago

it is very much in Bezos's self-interest to frame the question in terms of "whose taxes should we cut"

he wants to avoid at all costs a discussion of "whose taxes should we raise"

tim-tday

a day ago

I agree. But ask him if Amazon will increase the taxes they pay to make up the difference (oh, no. Not that. No, no no.)