Jeff Bezos says bottom half of earners should pay zero in income taxes

Key Points Income tax paid by lower earners is “a small amount of money for the government,” Amazon Executive Chairman Jeff Bezos told CNBC’s Andrew Ross Sorkin on Wednesday. The bottom half of taxpayers had an adjusted gross income of nearly $54,000 in 2023, according to the Tax Foundation, citing the most recent IRS statistics. Bezos’ comments come as a number of Democratic states explore higher taxes on the wealthy, and federal lawmakers have introduced proposals to cut taxes for lower earners. ============================================================ Amazon Executive Chairman Jeff Bezos on Wednesday called for zero federal income taxes on the bottom half...