Amazon founder Jeff Bezos called on Twitter to investigate a message from Joe Biden after the president tweeted that wealthier companies should pay “their fair share” of taxes.
Bezos wants Twitter’s “Disinformation Council” to investigate Biden’s message for alleging the president inaccurately linked higher corporate taxes to lowering inflation. He admitted that raising corporate taxes is “fine to discuss”. But linking taxes to lowering inflation is a ‘non sequitur’, he stressed.
Higher corporate taxes can actually lower inflation, economists say, by tackling an overheated economy that causes inflation.
More money in corporate coffers could also help provide relief to those suffering in a cooling economy, for example by expanding or increasing the amount of unemployment benefits.
Twitter users were in no mood to cut Bezos.