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Fortune
Fortune
Preston Fore

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

Jeff Bezos (Credit: STEFANO RELLANDINI/AFP via Getty Images)

For roughly 76 million American households, federal income taxes could eventually disappear—if a proposal by billionaire Amazon founder Jeff Bezos ever becomes reality.

The now Blue Origin owner argued in a recent interview with CNBC that the bottom half of U.S. earners should pay no income tax, saying that working Americans shouldn’t be placed under increased financial pressure, considering they contribute a relatively small share of total tax revenue anyway.

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