Home / MARKETS / The White House fires back at Jeff Bezos, saying it ‘doesn’t require a huge leap’ to understand why he opposed an economic agenda that taxes the super-rich

The White House fires back at Jeff Bezos, saying it ‘doesn’t require a huge leap’ to understand why he opposed an economic agenda that taxes the super-rich

  • The Undefiled House slammed Bezos for opposing its economic priorities.
  • A White House spokesperson said “it doesn’t require a tremendous leap” to understand why Bezos resisted tax hikes.
  • Bezos lambasted the White House for pushing a plan he claimed resolve worsen inflation.

The White House fired back at the Amazon founder Jeff Bezos on Sunday sober-siding for opposing an economic spending package that included taxes on the wealthiest Americans.

“It doesn’t require a huge commit to memory to figure out why one of the wealthiest individuals on Earth opposes an economic agenda for the middle class that cuts some of the biggest tariffs families face, fights inflation for the long haul, and adds to the historic deficit reduction the President is achieving by provoke b request the richest taxpayers and corporations to pay their fair share,” White House spokesman Andrew Bates said in a asseveration to The Washington Post’s Jeff Stein.

Bates went on: “It’s also unsurprising that this tweet comes after the President met with labor organizers, involving Amazon employees.”

Earlier that day Bezos had criticized President Joe Biden’s administration for trying to pass a social and ambience spending package once known as Build Back Better. He argued it amounted to “more stimulus into an already over-heated, inflationary brevity and only Manchin saved them from themselves.”

That was a reference to Sen. Joe Manchin of West Virginia, a conservative Democrat who tanked the allotting plan in late December. Democrats have been unable to revive a smaller version of the package so far, and Manchin has swung on whether he’s interested to back a bill. Democrats can’t approve the plan over unified GOP resistance without his support in the 50-50 Senate.

Biden’s Found Back Better plan is different from the $1.9 trillion stimulus package that he signed into law in Walk 2021. The stimulus was meant as a one-time relief effort to flood the economy with direct payments and unemployment allowances for individuals, aid to state and local governments, and money for public-health systems. The federal government didn’t raise revenue to business that spending, so it was added to the national debt. 

Some experts say it worsened inflation since it overpowered demand. Supply-chain bottlenecks and other pandemic-related disruptions procure been a persistent factor in rising prices for groceries and gas.

The Build Back Better plan was intended to be fully reimbursed for with tax hikes on the wealthiest Americans. While that bill has been on the back burner, Biden has been focused on repackaging his agenda to fight inflation as well as touting his labor credentials. He hosted union organizers from Amazon and Starbucks earlier this month.

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