BY The Western JournalMay 15, 2022
2 years ago

Amazon Founder Jeff Bezos Slams Biden for Blatant 'Misdirection' on Inflation

Amazon founder Jeffrey Bezos blasted President Joe Biden for suggesting in a Twitter post that raising the tax rate on the nation's wealthiest corporations will help solve the inflation crisis.

"The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead," Bezos wrote in retort.

A non-sequitur is a logical fallacy where a conclusion lacks even a deceptive appearance of valid reasoning. Hence the fallacy is called "non-sequitur" which is Latin for "it does not follow" because the disjointedness of the argument is so clear to the audience.

"Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection," Bezos wrote.

Bezos, who also owns the Democrat-friendly Washington Post, was responding to a Friday tweet from the president in which Biden wrote: "You want to bring down inflation? Let’s make sure the wealthiest corporations pay their fair share."

Biden did not specifically target Amazon — the nation's largest e-retailer — in his Twitter post. However, Biden has in the past accused Amazon of not paying its fair share, most notably during his campaign trail.

In a May 2020 interview with CNBC, Biden told the outlet that he thought Amazon “should start paying their taxes.”

“I don’t think any company, I don’t give a damn how big they are, the Lord Almighty, should absolutely be in a position where they pay no tax and make billions and billions and billions of dollars, No. 1,” Biden said

“The whole notion of this is: Are you playing the game fairly? What’s the capitalist system all about? The capitalist system is about everyone dealing fairly and dealing straight up with the American people and with their employees," Biden told the outlet.

Biden and Amazon clashed before that May 2020 interview. One of the most notable back and forths happened in 2019.

Biden had tweeted, "I have nothing against Amazon, but no company pulling in billions of dollars of profits should pay a lower tax rate than firefighters and teachers. We need to reward work, not just wealth."

The company responded: "We’ve paid $2.6B in corporate taxes since 2016. We pay every penny we owe. Congress designed tax laws to encourage companies to reinvest in the American economy. We have. $200B in investments since 2011 & 300K US jobs. Assume VP Biden’s complaint is w/ the tax code, not Amazon."

Biden on the campaign trail claimed his presidency would be an era of economic progress and "Build Back Better," promising to restore the American economy from COVID-19 related shocks.

With inflation pegged at 8.3 percent in April, the president faces major challenges as the country grapples with gas price hikes, and supply chain shortages.

Faced with tanking popularity ratings, the Biden administration has resorted to a spin game to deflect as much as blame as possible for the economic crisis, according to The Annenberg Public Policy Center.

Thus far, the president has blamed Vladimir Putin, businesses supposedly not paying their fair share, and COVID-19 for the economic woes without discussing how his own pandemic relief programs worsened the crisis.

In a report published by the liberal website Vox, political correspondent Andrew Prokop wrote that Biden's American Rescue Plan — the $1.9 trillion stimulus bill passed by Democrats in March 2021 without a single Republican vote in Congress — has helped contribute to the inflation crisis.

The outlet noted that Democrats seemed to have underestimated the dangers more spending would bring through inflation early on.

This article appeared originally on The Western Journal.

Written by: The Western Journal



Supreme Court Refuses To Hear Case Of Woman Ticketed For Honking Horn

In a profound setback for activists championing the cause of free speech through symbolic gestures, the Supreme Court has opted to remain on the sidelines.…
18 hours ago
 • By Staff Writers

Report: Biden Admin Planted Operative In Fani Willis' Office

In what could be described as a startling revelation, sources allege that the Biden administration maneuvered to influence a prosecutorial investigation against former President Donald…
19 hours ago
 • By Staff Writers

Hunter Biden In DC Ahead Of Congressional Deposition

In a dramatic twist in Washington's political theater, Hunter Biden, the president's first son, has landed in the capital to face a Republican-led Congress eager…
19 hours ago
 • By Staff Writers

Trump Legal Team Officially Appeals Civil Fraud Verdict

In a recent judicial development that has captured national attention, former President Trump has taken legal steps to contest a substantial fine against him and…
19 hours ago
 • By Staff Writers

Jeb Bush Rushes In To Defend Trump Over Civil Fraud Verdict

In an unexpected twist, former Republican Florida Governor Jeb Bush leaps to Donald Trump's defense in a Wall Street Journal op-ed. In a surprising alignment,…
20 hours ago
 • By Staff Writers


We publish the objective news, period. If you want the facts, then sign up below and join our movement for objective news:



    Get news from American Digest in your inbox.

      By submitting this form, you are consenting to receive marketing emails from: American Digest, 3000 S. Hulen Street, Ste 124 #1064, Fort Worth, TX, 76109, US, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact.
      Christian News Alerts is a conservative Christian publication. Share our articles to help spread the word.