Jeff Bezos says bottom half of earners should pay zero in income taxes (cnbc.com) 5 points by khutorni 1mo ago ↗ HN
[–] u1hcw9nx 1mo ago ↗ > However, when counting refundable tax credits, the bottom 40% of taxpayers already pay no income tax, [–] tim-tday 1mo ago ↗ I’ve paid taxes on my income since I was 15. At no point in my life have I paid zero income tax. Especially when I was dirt poor.Every time I make more money I pay less tax. [–] u1hcw9nx 1mo ago ↗ Two things can be true at the same time.- You have paid income taxes on your income since I was 15.- When counting refundable tax credits, the bottom 40% of taxpayers already pay no income tax,
[–] tim-tday 1mo ago ↗ I’ve paid taxes on my income since I was 15. At no point in my life have I paid zero income tax. Especially when I was dirt poor.Every time I make more money I pay less tax. [–] u1hcw9nx 1mo ago ↗ Two things can be true at the same time.- You have paid income taxes on your income since I was 15.- When counting refundable tax credits, the bottom 40% of taxpayers already pay no income tax,
[–] u1hcw9nx 1mo ago ↗ Two things can be true at the same time.- You have paid income taxes on your income since I was 15.- When counting refundable tax credits, the bottom 40% of taxpayers already pay no income tax,
[–] evil-olive 1mo ago ↗ it is very much in Bezos's self-interest to frame the question in terms of "whose taxes should we cut"he wants to avoid at all costs a discussion of "whose taxes should we raise"
[–] tim-tday 1mo ago ↗ I agree. But ask him if Amazon will increase the taxes they pay to make up the difference (oh, no. Not that. No, no no.)
5 comments
[ 2.7 ms ] story [ 17.6 ms ] threadEvery time I make more money I pay less tax.
- You have paid income taxes on your income since I was 15.
- When counting refundable tax credits, the bottom 40% of taxpayers already pay no income tax,
he wants to avoid at all costs a discussion of "whose taxes should we raise"