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

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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

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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


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