Jeff Bezos once again criticized President Joe Biden for his handling of high inflation rates.
In a Sunday post, Bezos said thatStimulus was partly to blame for inflation, which slowed in April for the first time in eight months, but remains near 40-year highs. The billionaire Amazon founder took issue with a separate message from Biden that called for raising taxes on large corporations to help ease inflation.
The administration tried to inject moreStimulus into an already over-heated, inflationary economy, but only Manchin saved them from themselves. Misdirection doesn't help the country.
Biden said on Saturday that reducing the US deficit will help ease inflation.
The deficit increased every single year under Biden. Reducing the deficit is one of the ways we can ease inflationary pressures.
Bezos spoke out against Biden on the social platform for the second time in a few days on Sunday. He accused Biden of spreading misinformation after the president proposed that the wealthiest corporations pay their fair share.
The newly created Disinformation Board should review this, or maybe they need to form a new Non Sequitur Board instead. It's important to discuss inflation. It's just misdirection to have them together.
Biden has been criticized for not paying taxes. ProPublica reported last year that Bezos paid nothing in federal income taxes in 2007 and 2011. He is worth $137 billion.
I have nothing against Amazon, but no company should pay a lower tax rate than firefighters and teachers. We need to reward work.
Amazon said it had paid over $2 billion in corporate taxes.
The company said that they pay every penny they owe. We have invested $200 billion in the US since 2011. VP Biden has a complaint about the tax code, not Amazon.