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 has proposed that the bottom half of U.S. earners should pay no federal income tax, arguing that it would alleviate financial pressure on working Americans. He highlighted that this group contributes only a small share of total tax revenue, suggesting that a nurse earning $75,000 should not be burdened with significant taxes. Bezos plans to advocate for this idea with political leaders, emphasizing the need for a fairer tax system for lower earners.
- ▪Bezos argues that the bottom half of U.S. earners should pay no federal income tax.
- ▪He claims that the bottom half only contributes 3% of total tax revenue.
- ▪Bezos plans to discuss this proposal with political leaders to advocate for lower taxes on working Americans.
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For roughly 76 million American households, federal income taxes could eventually disappear—if a proposal by billionaire Amazon founder Jeff Bezos ever becomes reality.Recommended Video 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. “The bottom half of income earners in this country pay only 3% of the taxes,” Bezos said.
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