Amazon founder vs Joe Biden: Jeff Bezos slams US President for linking inflation, wealth tax

Updated : May 15, 2022 17:04
|
Editorji News Desk

Joe versus Jeff. Biden versus Bezos. Twitter turned into a battleground for two titans from politics and industry, as the founder of Amazon clashed with the US President.

It started with Joe Biden's tweet on May 14. The American President tweeted, "You want to bring down inflation? Let’s make sure the wealthiest corporations pay their fair share."

This statement greatly irked Bezos, who didn't waste much time in retorting, "The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead. Raising corporate taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection."

Amazon reportedly paid $3.7 billion in US taxes in 2021, while earning a global revenue of $469 billion.

Clashing with the President is nothing new for Bezos, who had quite a few run-ins with Biden's predecessor Donald Trump. Bezos owns the news outlet The Washington Post, and Trump tried to discredit their stories by claiming that Bezos has a vendetta against him.

TwitterEconomyAmazonUS PresidentInflationUSAJeff Bezosamericawealthjoe bidenTax

Recommended For You

editorji | World

Starmer resigns as UK PM, Burnham favourite to take over

editorji | World

G7 summit: PM Modi holds brief conversation with US President Trump

editorji | World

Trump arrives at G7 summit looking for momentum after announcing a deal to end Iran war

editorji | World

India, Slovakia upgrade ties to comprehensive partnership; ink 11 pacts

editorji | World

All 22 crew members evacuated after third vessel with Indians on board was attacked off Oman