this post was submitted on 19 Mar 2025
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Well, let me help out here.
Jeff Bezo's effective tax rate was somewhere between 1.1% and 0.98% based on some quick searching. Amazon's ETR was 6.1% for the same period.
I paid an effective tax of 17.4% last year.
Trump just gave Amazon, and Bezo's, and everyone making 500 Million or more a year a huge tax break. Meanwhile, I will pay about 1200 dollars more. That's on top of the tax break they got last time he was in office.
So, what's a fair amount for the richest, most affluent people to pay in taxes, to contribute to the country they live in, the infrastructure they ride on, the airports they land at and the localities that subsidize their workforce?