Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan
finance.yahoo.com
Jeff Bezos walked the factory floor at Blue Origin on May 20, 2026 and used a CNBC interview to propose zero federal income tax for any American earning $75,000 a year or less. He framed wealth inequality as a government efficiency problem, anchoring his argument around a single working person. “There’s this tale of two ... Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan

Crossposted from https://fedia.io/m/twnw/t/3949431

In an interview the founder of Scamazon is trying to move the discussion around wealth taxes away from himself and his Epstein class. He’s only got one thing right of the “Tax Wealth, Not Work” movement namely, don’t tax work. Wealth still has to tax wealth, otherwise it won’t solve anything.

  • ChonkyOwlbear@lemmy.world
    9·
    1 month ago

    The thing about raising wages is that it does cause inflation, but it’s never 1 to 1. The public gains purchasing power which is what we sorely need.

    • Triumph@fedia.io
      3·
      1 month ago

      I don’t disagree; I said it was a short term benefit. Because you’ll have to fight every single time to get that wage raised again when necessary.

      Minimum wage means different things to labor and owners. Labor means “i can support myself on this without having to worry.” Owners mean “This is the least we have to pay to forestall revolution.”

      • ChonkyOwlbear@lemmy.world
        2·
        1 month ago

        In an ideal world we would peg minimum wage to maximum executive bonus pay or Senate salary or something like that. It just surprises me that all we ever hear these days to solve a problem is a tax cut when there is another big lever we haven’t touched for decades.