Jeff Bezos, the billionaire founder of Amazon and owner of the Washington Post, is taking the White House to task over President Joe Biden's latest claims tax increases will help reduce inflation.
The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead. Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection. https://t.co/ye4XiNNc2v— Jeff Bezos (@JeffBezos) May 14, 2022
The criticism prompted the White House to issue an official statement pushing back.
"It doesn't require a huge leap to figure out why one of the wealthiest individuals on Earth opposes an economic agenda for the middle class that cuts some of the biggest costs families face, fights inflation for the long haul, and adds to the historic deficit reduction the President is achieving by asking the richest taxpayers and corporations to pay their fair share. It's also unsurprising that this tweet comes after the President met with labor organizers, including Amazon employees," the White House released in a statement to the Washington Post.
The statement prompted Bezos to essentially credit Republican senators, along with Democrats Joe Manchin and Kyrsten Sinema, for killing Biden's disastrous Build Back Better agenda last year. Sinema has repeatedly said she opposes increasing the corporate tax rate.
their best to add another $3.5 TRILLION to federal spending. They failed, but if they had succeeded, inflation would be even higher than it is today, and inflation today is at a 40 year high.— Jeff Bezos (@JeffBezos) May 16, 2022