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Jeff Bezos is pulling a Red Herring to evade taxes: "I shouldn't pay taxes, you should pay less taxes" (finance.yahoo.com)

submitted 2 weeks ago by atro_city@fedia.io to c/billionaire@lemmy.ca

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Crossposted from https://fedia.io/m/twnw/t/3949431

In an interview the founder of Scamazon is trying to move the discussion around wealth taxes away from himself and his Epstein class. He's only got one thing right of the "Tax Wealth, Not Work" movement namely, don't tax work. Wealth still has to tax wealth, otherwise it won't solve anything.

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[–] atro_city@fedia.io 2 points 2 weeks ago

The thing is, the rich don't have income (at least on paper). An income tax on the rich is useless therefore. We need to tax their wealth, which is what makes them rich.

But otherwise, I share your ire. Fuck these dudes not paying their fair share.