Bezos and taxes again. He accepted Biden’s plan and dodged it!

While some American circles were concerned about the final exit of Jeff Bezos, the founder of Amazon, from his company, new information revealed that the richest men in the world, who previously called for higher taxes on the rest of the American companies, according to President Joe Biden Plan, are lobbying through his company on those affected to keep the value of their taxes low.

In details, a report released by Politico said that Amazon, which publicly endorsed Biden’s plan to raise the corporate tax rate in all areas, in turn pressured Congress to do so. maintains a significant tax exemption which has helped it reduce the value of its taxes.

In the wings

Company founder Jeff Bezos won praise earlier this year when he announced that Amazon would support a “corporate tax rate hike” to help pay for Biden’s infrastructure package, reversing the positions of most of the remaining US companies that opposed the president’s plan.

While Biden himself has criticized Amazon’s tax rate as part of his plan, the report notes that behind the scenes Amazon and other companies have taken steps to help avoid a tax hike.

Make a fortune and escape payment

It should be noted that a US investigation into tax evasion of a number of the world’s richest people sparked a scandal last month in the US, revealing information and figures that have always been kept. secrets, which prompted the Treasury to intervene.

Nonprofit news site ProPublica posted details of recorded income and tax payments for money “whales”, led by Amazon CEO Jeff Bezos, Berkshire Hathaway CEO Warren Buffett , as well as Facebook CEO Mark Zuckerberg, and businessman Elon Musk, CEO of Tesla and SpaceX, as well as businessman Bill Gates.

Jeff Bezos

The survey highlighted years in which Bezos and others paid relatively little or no federal income tax.

He also revealed that Bezos’ wealth growth was $ 99 billion from 2014 to 2018, while his tax-registered income was $ 4.22 billion, of which he paid $ 973 million. tax dollars, or less than 1%.

The IRS has systems that track employee access to taxpayer information.

This government agency had previously fired its employees for unauthorized access to this information.

Leave the office

Additionally, Amazon founder Jeff Bezos is no longer the CEO of that company, which will be replaced by Andy Jesse, who previously founded Amazon Web Services, which deals with digital IT.

Jeff Bezos, founder of Amazon

However, he will continue to have a significant impact, as he remains the largest shareholder in it, owning 10% of the shares, according to the reports.

Bezos is still the richest businessman in the world, with a fortune exceeding $ 203 billion.