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Bezos Praises Manchin for Sabotaging Biden/Dem Agenda [View all]
https://www.commondreams.org/news/2022/05/16/bezos-praises-manchin-blocking-bidens-corporate-tax-hike"Biden's plan was to make billionaires and corporations pay their fair share in taxes, and use that money to help families," said one critic. "Of course a billionaire owner of a $1.1 trillion corporation doesn't like that."
JULIA CONLEY
May 16, 2022
Billionaire Amazon founder Jeff Bezos' praise for Sen. Joe Manchin's obstruction of his own party's anti-poverty and climate action agenda "tells you everything you need to know" about the right-wing Democratic lawmaker, progressive organizers said Sunday as Bezos weighed in on inflation and government spending.
Bezos tweeted that the West Virginia Democrat saved the Biden administration "from themselves" by standing in the way of passing a methane fee and other far-reaching climate action, paid family leave, an extension of the Child Tax Credit, and other measures in the Build Back Better Act.
Since Manchin announced last December that he would not back the bill, he has called on his party to focus its spending proposal on reducing the federal deficit and easing inflation, which has pushed the prices of goods up by more than 8% in the last year.
As Common Dreams reported last month, Securities and Exchange Commission filings for 100 U.S. companies revealed that wealthy corporations have used inflation as a pretext for raising prices while boosting their profits.
Bezos' praise of Manchin came two days after he took aim at President Joe Biden for demanding that corporations "pay their fair share" in taxes to help bring down inflation.
The Build Back Better Act would have used revenue from higher taxes on corporations and the wealthiest Americans to invest in its anti-poverty and climate provisions. The president has criticized Amazon for its tax practices; the company effectively paid no federal taxes in 2017 and 2018 despite raking in hundreds of billions of dollars in sales revenue.
Bezos tweeted that the West Virginia Democrat saved the Biden administration "from themselves" by standing in the way of passing a methane fee and other far-reaching climate action, paid family leave, an extension of the Child Tax Credit, and other measures in the Build Back Better Act.
Since Manchin announced last December that he would not back the bill, he has called on his party to focus its spending proposal on reducing the federal deficit and easing inflation, which has pushed the prices of goods up by more than 8% in the last year.
As Common Dreams reported last month, Securities and Exchange Commission filings for 100 U.S. companies revealed that wealthy corporations have used inflation as a pretext for raising prices while boosting their profits.
Bezos' praise of Manchin came two days after he took aim at President Joe Biden for demanding that corporations "pay their fair share" in taxes to help bring down inflation.
The Build Back Better Act would have used revenue from higher taxes on corporations and the wealthiest Americans to invest in its anti-poverty and climate provisions. The president has criticized Amazon for its tax practices; the company effectively paid no federal taxes in 2017 and 2018 despite raking in hundreds of billions of dollars in sales revenue.
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