Bezos Backs Ending Income Tax for Lower Earners
Bezos’ call to get rid of federal income tax for the bottom half of earners got new notice Monday after Investopedia pointed out the plan would hand a bigger benefit to some workers. The Amazon and Blue Origin chief pitched the scheme on CNBC’s “Squawk Box” back on May 20, telling viewers the lower half of Americans already account for a tiny share of income tax collected. “I think it should be zero,” Bezos said.