{"id":404,"date":"2026-05-20T13:06:41","date_gmt":"2026-05-20T13:06:41","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=404"},"modified":"2026-05-20T13:06:41","modified_gmt":"2026-05-20T13:06:41","slug":"jeff-bezos-says-low-earners-in-the-us-should-pay-zero-tax","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=404","title":{"rendered":"Jeff Bezos says low earners in the US should pay zero tax"},"content":{"rendered":"
\n

Jeff Bezos, the founder of Amazon and the fourth-richest man in the world, says low earners in the US should pay no tax.<\/p>\n

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“1% of taxpayers pay 40% of all the tax revenue; the bottom half pay only 3%. I think it should be zero,” Bezos said in an interview with CNBC on Wednesday.<\/p>\n

“There’s something very powerful about zero.”<\/p>\n

During the interview, Bezos repeatedly criticized taxation on lower-income workers, using the example of a “nurse in Queens earning $75,000.”<\/p>\n

Speaking from his Blue Origin rocket facility in Florida, Bezos said the US in 2026 is a “tale of two economies.”<\/p>\n

“You have a bunch of people in this country who are doing really well, but you also have a bunch of people in this country who are struggling,” Bezos said.<\/p>\n

“Some people talk about making the tax system more progressive. How about we start by having the nurse in Queens not pay taxes?”<\/p>\n

“Why is a nurse in Queens who makes $75,000 a year paying more than $1,000 a month in taxes? That’s $1,000 a month that could help with rent, groceries, or anything.”<\/p>\n

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He later used the example of an Amazon worker in New York making around $50,000 a year, calling the idea of taxing them “absurd.”<\/p>\n

“Why are you taxing them so much? I really am puzzled by this.”<\/p>\n

Later, when asked about the potential for a universal basic income, Bezos returned to his nurse analogy.<\/p>\n

“Instead of universal basic income, how about we stop taxing a nurse making $75,000?”<\/p>\n

Bezos was the world’s fourth-richest person with a personal fortune of $279 billion as of Tuesday’s close, per the Bloomberg Billionaires Index.<\/p>\n

His net worth mostly comprises a roughly 8% stake in Amazon, one of the world’s largest e-commerce and cloud-computing company with a $2.8 trillion market capitalization as of Tuesday’s close.<\/p>\n

Like many billionaires, Bezos has been accused of not paying his fair share of taxes, and not paying his workers a living wage. Citing leaked IRS data on Bezos’ tax returns, ProPublica reported in 2021 that Bezos didn’t pay any federal income tax in 2007 or 2011 despite already being a billionaire.<\/p>\n

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This is a developing story.<\/em><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

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