Post

Bezos: "You could double the taxes I pay, and it's not going to help that teacher in Queens." Let's. Try.

Pivot Podcast@pivotpod.bsky.social

“He was so disingenuous in this interview.” @profgalloway.com and @karaswisher.bsky.social react to Jeff Bezos’ argument that it wouldn’t help ordinary Americans if he paid more taxes.

115 reposts615 likes

Meanwhile, The top 5% of 🇺🇸 wage earners make 95% of all the money earned in 🇺🇸 every year. This means, we the 95% of wage earners, share 5% of all the money earned in 🇺🇸 each year. 🤔, so why aren’t the top 5% of wage earners 👉 paying 95% of all US taxes each year, & we the ppl pay our 5% share? 🤔!

First, he’s completely disingenuous and full of 💩! Second, is it me or is he unable to move his upper lip while speaking?? Maybe neuromodulator injections like his new trophy wife 🤷‍♀️

How much tax does Bezos actually pay at present? I'm guessing it's a miniscule percentage of his income given the scope for avoidance. If he was paying even 1% of his wealth annually that would help quite a lot of teachers.

Or we could try raising his tax rate to match the average American’s rate. Apparently that would be around a 20x increase over what he’s paying now. So in a sense, I agree with him. But if we increased it to the top tax rate in 1960 (91%), it would.