Categorized | General Interest

Bezos Doesn’t Like Taxes

Desperation clouds judgement so a lot has slipped by on the habits and beliefs of the Washington Post savior, Jeff Bezos. One thing you should know: he hates taxes. With a passion.

Citizens for Tax Justice gives us the lowdown, and I’ll just cite two of CTJ’s points so you go over and read it in full on the CTJ site:

Bezos personally donated $100,000 to an anti-income tax initiative group in Washington state.
In 2010, Initiative 1098 would have created a five percent tax on income exceeding 200,000 and a nine percent rate on income exceeding $500,000 for individuals in Washington State. It was designed to pay for a cut in the property and business taxes as well as an increase in education spending, but it was defeated with the help of a $100,000 donation from Bezos to the group Defeat I-1098. Passing I-1098 would have not only helped Washington state get on a more sustainable fiscal footing, but it would have gone a long way to improving the fairness of the nation’s most regressive state tax system.

And:

Amazon is a notorious international tax dodger.
Amazon has become infamous for its international tax dodging over the last year since the United Kingdom discovered that it “immorally” paid almost no taxes on over £4.2 billion in sales by routing its operations through Luxembourg (a well-known tax haven country). The happy irony is that Amazon’s audacity helped prompt the recent unprecedented international effort to crack down on this sort of international tax dodging.

It doesn’t make Bezos any worse than a lot of the CEOs and biggest shareholders of major companies. But, it does shed a little light on the kind of philosophy behind the guy who rode in to “save” the Post.

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