Monday, April 12, 2021

Amazon CEO Rallies For Higher Corporate Taxes To Pay For Biden's Infrastructure Bill

 


Photo: Fortune



Why would a CEO support higher corporate taxes?  What is the benefit of such an increase? Who pays for the repairs of the roads and bridges across America?  Who does the most damage to each on a daily basis?  How much of the responsibility should be attributed to corporate use?  Heavy trucks along with mid-weight trucks (freight shipment) ship products on roads and highways daily causing damage that is not covered by fees collected by regulators.  


In a recent video on MSNBC, Joe Scarborough discusses the revelation that Amazon CEO supports an increase of the corporate tax to support President Biden's infrastructure bill:



Regardless of the final version of the bill, a combination of financing from various sources will have to be used to pay for the bill.  The individual taxpayer is not just the only payer in the economy.  Corporations get away with paying very little fees to support or repair the damage done to move products that pay their shareholders.




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