Jeff Bezos: The Bottom Half of Americans Should Pay Zero Federal Income Tax
‘We shouldn’t be asking this nurse in Queens to send money to Washington’
EXCERPT:
BEZOS: “People talk about making the tax system more progressive. How about we start by having the nurse in Queens not pay taxes? Why is somebody —”
SORKIN: “At all?”
BEZOS: “At all. Why is some — why is a nurse in Queens who makes $75,000 a year paying more than $1,000 a month in taxes?”
SORKIN: “Right.”
BEZOS: “That’s $1,000 a month that could help with rent or groceries or anything. And so — and by the way, do you know what that all adds up to? The bottom half of income earners in this country pay only 3 percent of the taxes. It’s only 3 percent. We can find 3 percent. So we don’t have — it’s a small amount of money for the government.”
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