Amazon’s Jeff Bezos calls for zero income taxes on bottom half of earners — while jabbing tax-the-rich pols

Amazon founder Jeff Bezos said Wednesday the bottom half of earners should pay zero federal income taxes — while taking a swing at tax-the-rich pols and calling out government waste.

Speaking to Andrew Ross Sorkin on CNBC’s “Squawk Box,” the billionaire called for changes to the US tax system, which he said sees the top 1% of taxpayers pay 40% of all tax revenue and the bottom half contribute 3%. That’s in keeping with official figures.

“I don’t think it should be 3%,” Bezos asserted. “I think it should be zero.”

“When people are starting out and they’re struggling, stop taxing them. We don’t need it. We live in the wealthiest country in the world.”

Read Full Article Here