Bezos: Disinformation panel should investigate Biden tweet

Bezos: Disinformation panel should investigate Biden tweet

Amazon founder Jeff Bezos slammed President Biden for a tweet that suggested taxing wealthier companies could help bring down inflation, calling it a “misstep” to lump the two issues together.

“You want to lower inflation? Let’s make sure the richest companies pay their fair share,” Biden said tweeted on Friday night.

“The newly created disinformation board should review this tweet, or maybe they need to form a new Non Sequitur Board instead. Raising corporate taxes is fine to discuss. Taming inflation is crucial. Throwing them together is just misdirection,” Bezos said shot backquote and tweet Biden’s statement on the platform.

Since the announcement of the Department of Homeland Security’s Disinformation Governance Board last month, the new board has drawn the ire of a number of Republicans, who have dubbed it the “Ministry of Truth” and claimed it would censor freedom of speech.

Bezos’ comments come as inflation in the United States hit a 40-year high amid labor shortages and supply chain problems, the most recent of which has plagued the baby formula industry.

Amazon has also been repeatedly criticized by Democrats for not paying more taxes. Biden previously criticized the company in March last year, saying it and other companies failed to pay income taxes.

CNBC reported that Amazon paid $162 million in federal taxes in 2019 but had not owed any taxes to the federal government since 2016.

According to a Wall Street Journal report, Amazon’s 2020 bill rose to $1.8 billion in federal taxes, a number likely to rise under a Biden plan to set a minimum corporate tax rate.

Leave a Reply

Your email address will not be published.