Amazon Founder and CEO Jeff Bezos has issued a statement of support for President Joe Biden’s $2 trillion infrastructure plan that includes increasing the corporate tax rate, according to SeekingAlpha.
- Bezos in a statement expressed support for the Biden Administration’s investments on American infrastructure, which he said should not be a partisan issue.
- The world’s richest man recognized that the investment will require concessions from all sides, both on the specifics of what’s included as well as how it gets paid for.
- “[W]e’re supportive of a rise in the corporate tax rate,” the statement read. Bezos said he is looking forward to finding the “right, balanced solution that maintains or enhances U.S. competitiveness.”
- During his speech last week, Biden called out Amazon for using loopholes to avoid paying federal income taxes.