The founders of Amazon have been angered by Joe Biden’s demands for more taxes on corporations
Amazon founder Jeff Bezos has blamed the Biden administration for trying to confuse the American people about inflation, arguing that rising taxes on corporations and the rich would not reduce consumer spending.
The war of words began over the weekend when Joe Biden tweeted that it was confirmed “Wealthy corporations pay their fair share” The U.S. had a way of overcoming rising inflation, which stood at 8.3% in April, a level that has disappeared in almost 40 years.
Bezos on Saturday suggested that the president’s tweet should have been reviewed by the Disinformation Governance Board, which was recently created by the US government.
“It simply came to our notice then. Controlling inflation is important to discuss. Putting them together is just the wrong direction. “ He wrote.
The newly formed Disinformation Board should review this tweet, or they should form a new non-sequestration board instead. Penalties for discussing corporation tax increases. Controlling inflation is important to discuss. Putting them together is just the wrong way. https://t.co/ye4XiNNc2v
– Jeff Bezos (JefBezos) May 14, 2022
Entrepreneurs later believed that the real cause of inflation was the White House stimulus policy, which saw money injections. “Already in a very hot, inflationary economy.” Last year, the Biden administration approved a 1.9 trillion American rescue plan aimed at helping the country recover from the Covid-19 epidemic.
On Monday, White House spokesman Andrew Bates responded to Bezos by saying in a statement that “It doesn’t take a huge leap to understand why the world’s richest people oppose an economic agenda for the middle class that reduces some of the biggest costs to families, fights inflation for the long haul and adds up historically.” The president is trying to reduce the deficit by asking the richest taxpayers and corporations to pay their fair share. ”
Bates added that it was “Surprisingly, this tweet came after the president met with labor organizers, including Amazon employees.”
Some Amazon employees have recently joined the union despite opposition from the company, and Biden, who describes himself as “Most Unionist President” Ever, those actions have been supportive.
Bezos fired back at the White House on Tuesday, denying claims made in Bates’ statement.
“It simply came to our notice then. They know that inflation hurts the most. But the unions are not causing inflation and neither are the rich. He wrote.
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