Bezos says Amazon SUPPORTS Biden’s corporate tax hike despite his $315billion company paying ZERO federal tax for two years – as critics say

Bezos, who founded Amazon in 1994, is the first major CEO to back the plan

Biden last week announced details of a $2 trillion upgrade to U.S. facilities

The improvements will be paid for by increasing corporate tax
The rate will rise from 21pc to 28pc – still lower than 35pc rate of four years ago

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Bezos’s support for higher taxation was ironic given his own company’s policy

Amazon has long been seen as one of the most effective of tax players

In 2020 Amazon paid an effective federal income-tax rate of 9.4 per cent

www.dailymail.co.uk/news/article-9442929/Bezos-says-Amazon-backs-corporate-tax-hike-Bidens-infrastructure-needs-concessions-all.html

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