Jeff Bezos reported the new ‘disinformation board’ should really overview Biden’s tweet that tied higher inflation to small corporate taxes, calling it ‘misdirection’

Close-up photos of Jeff Bezos and President Joe Biden side by side

Amazon founder Jeff Bezos President Joe BidenCliff Owen, File/Involved Press Susan Walsh/Linked Press

President Joe Biden tweeted that taxing wealthy corporations could assist convey down inflation.

Amazon’s Jeff Bezos claimed “mushing collectively” inflation and increasing company taxes was “misdirection.”

Inflation in the US has attained its highest levels due to the fact the 1980s.

Amazon Executive Chairman Jeff Bezos went following President Joe Biden on Friday in excess of the latter’s tweet about bringing down inflation by taxing substantial organizations.

“You want to bring down inflation? Let’s make confident the wealthiest firms pay back their truthful share,” Biden claimed in a tweet Friday night.

The Amazon billionaire retweeted the president and recommended the tweet could be thought of disinformation.

“The freshly developed Disinformation Board really should overview this tweet, or it’s possible they have to have to kind a new Non Sequitur Board rather,” Bezos said, evidently referring to Homeland Security’s lately introduced Disinformation Governance Board.

“Increasing corp taxes is great to talk about. Taming inflation is essential to focus on. Mushing them alongside one another is just misdirection,” Bezos continued.

Inflation in the US has reached its greatest concentrations given that the 1980s, affecting the price of necessary products like gasoline, food items, healthcare, and housing. In April the fee of inflation slowed for the initial time in 8 months.

As Insider earlier noted, some of the most prevalent brings about of inflation are excess demand from customers for merchandise and solutions, mounting prices of wages and resources, forex devaluation, and guidelines and laws.

Amazon, the business Bezos founded, has extensive been accused of not shelling out its share fair of taxes. The corporation compensated no federal profits taxes in 2017 and 2018.

Bezos, a single of the world’s richest folks, personally paid out nothing in federal income taxes in 2007 and 2011, ProPublica noted final calendar year.

The White Property did not immediately react to Insider’s request for remark.

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