Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending

Billionaire Bezos suggests no taxes for half the nation. Is that crazy or overdue?

Billionaire Jeff Bezos just detonated a financial hand grenade in the middle of America’s tax debate.The Amazon founder recently suggested that the bottom half of American earners should pay zero federal income tax. Not lower taxes. Not a temporary rebate. Zero. And whether you love billionaires or hate them, you have to admit something uncomfortable about Bezos’ proposal.A whole lot of Americans heard that idea and thought, "Honestly … why am I…

David Harsanyi: Jeff Bezos is right about capitalism, wrong about taxes

Socialism will always find an audience because it appeals to base envy and resentment. Ginning up a mob to be mad at “oligarchs,” “Wall Street barons,” “kulaks” or “billionaires” is cheap and easy.

Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending

The post Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending appeared first on 24/7 Wall St.. Quick Read Amazon (AMZN) founder Jeff Bezos proposed eliminating federal taxes for the bottom 50% of Americans, citing that this group currently contributes only 3% of federal revenue. Bezos’s tax proposal reflects deeper concerns about government spending efficiency and long-term fiscal sustainability, a…

Don't fall for tax myths even if it's Jeff Bezos spouting them

I’ve spent decades listening to tax myths from people at cocktail parties, but a new contributor was added last week: Jeff Bezos. Read here

Critic Targets Jeff Bezos’ Income Tax Proposal

A political commentator criticized Jeff Bezos’ reported comments supporting lower income taxes for middle-income Americans, arguing the idea could ultimately benefit employers.