Bezos' Tax Shift: A Glimpse of a Larger Problem Jeff Bezos' recent comments on eliminating federal income taxes for lower income Americans have sent shockwaves through the "tax the rich" movement.
The Amazon executive chairman's statements, which may seem counterintuitive given his own immense wealth, highlight a deeper issue in the US tax code: its fundamental unfairness.
Bezos pointed out that a nurse making $75,000 a year pays over $12,000 in federal income taxes annually – a staggering amount considering their modest earnings.