Amazon creator Jeffrey Bezos blasted Joe Biden for suggesting in a Tweet that by raising the tax rate on the country’s most affluent corporations the US Government can resolve the inflation crisis.
“The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead,” Bezos wrote in a biting retort.
A non-sequitur is a rational misconception where a conclusion does not have even a misleading look of legitimate thinking. The misconception is called “non-sequitur” which is Latin for “it does not follow” since the disjointedness of the argument is so clear to the audience.
“Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection,” Bezos wrote.
The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead. Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection. https://t.co/ye4XiNNc2v
— Jeff Bezos (@JeffBezos) May 14, 2022
Bezos, who likewise owns the Democrat-friendly Washington Post, was reacting to a Friday tweet from the president in which Biden quipped: “You want to bring down inflation? Let’s make sure the wealthiest corporations pay their fair share.”
Biden did not particularly target Amazon– the country’s biggest e-retailer– in his Twitter post. Biden has in the previous implicated Amazon of not paying its reasonable share, most especially throughout his project path.
In a May 2020 interview with CNBC, Biden informed the outlet that he believed Amazon “should start paying their taxes.”
“I don’t think any company, I don’t give a damn how big they are, the Lord Almighty, should absolutely be in a position where they pay no tax and make billions and billions and billions of dollars, No. 1,” Biden said
“The whole notion of this is: Are you playing the game fairly? What’s the capitalist system all about? The capitalist system is about everyone dealing fairly and dealing straight up with the American people and with their employees,” Biden told the outlet.
Biden and Amazon clashed prior to that May 2020 interview. Among the most significant backward and forward occurred in 2019.
Biden had tweeted, “I have nothing against Amazon, but no company pulling in billions of dollars of profits should pay a lower tax rate than firefighters and teachers. We need to reward work, not just wealth.”
The company almost immediately responded: “We’ve paid $2.6B in corporate taxes since 2016. We pay every penny we owe. Congress designed tax laws to encourage companies to reinvest in the American economy. We have. $200B in investments since 2011 & 300K US jobs. Assume VP Biden’s complaint is w/ the tax code, not Amazon.”
We’ve paid $2.6B in corporate taxes since 2016. We pay every penny we owe. Congress designed tax laws to encourage companies to reinvest in the American economy. We have. $200B in investments since 2011 & 300K US jobs. Assume VP Biden’s complaint is w/ the tax code, not Amazon. https://t.co/uPUv1Tzlma
— Amazon News (@amazonnews) June 13, 2019
Biden on the campaign trail declared his presidency would be a period of financial development and “Build Back Better,” guaranteeing to bring back the American economy from COVID-19 associated shocks.
With inflation pegged at 8.3 percent in April, the president deals with significant difficulties as the nation comes to grips with gas rate walkings, and supply chain lacks.
Faced with tanking appeal scores, the Biden administration has actually resorted to a spin video game to deflect as much as blame as possible for the financial crisis, according to The Annenberg Public Policy Center.
So far, the illegitimate inhabitant of the White House has blamed Vladimir Putin, businesses apparently not paying their reasonable share, and COVID-19 for the financial concerns without talking about how his own pandemic relief programs worsened the crisis.
In a report released by the far-leftist echo chamber: Vox, political correspondent Andrew Prokop wrote that Biden’s American Rescue Plan — the $1.9 trillion stimulus bill gone by Democrats in March 2021 without a single Republican vote in Congress– has actually assisted add to the inflation crisis. Wow. That had to hurt.
The outlet kept in mind that Democrats appeared to have actually undervalued the threats more costs would bring through inflation early on.
