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International Business Times UK
International Business Times UK
World
Stephanie Cruz

'Taxing the Rich Won't Help': Jeff Bezos Defends the Ultra-Wealthy Amid Tax Debate — Zohran Mamdani Hits Back

Jeff Bezos calls for zero federal income tax on the bottom half of US earners. (Credit: Jeff Bezos/Instagram)

Amazon executive chairman Jeff Bezos used a wide-ranging CNBC interview on Wednesday to argue that taxing the ultra-wealthy will not help ordinary Americans. He wants the government to scrap federal income tax for the bottom half of earners altogether.

'You could double the taxes I pay, and it's not gonna help that teacher in Queens. I promise you,' Bezos told Andrew Ross Sorkin on Squawk Box from Merritt Island, Florida.

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