Bezos calls for zero federal income tax for bottom half of Americans
Jeff Bezos told CNBC that the bottom half of U.S. earners should pay no federal income tax, arguing zero taxes would ease financial strain and spur entrepreneurship, while stressing he’s not proposing tax relief for the poor. The idea appears amid Democratic wealth-tax proposals (e.g., Warren’s Ultra-Millionaire Tax Act and California’s billionaires tax) and Republican critiques of tax breaks. Data show the bottom 50% paid about 3.7% on average in 2023, versus about 26.3% for the top 1%.