{"id":43995,"date":"2026-05-20T13:24:49","date_gmt":"2026-05-20T13:24:49","guid":{"rendered":"https:\/\/financialrush.com\/?p=43995"},"modified":"2026-05-20T13:24:49","modified_gmt":"2026-05-20T13:24:49","slug":"jeff-bezos-says-bottom-half-of-earners-should-pay-zero-in-income-taxes","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=43995","title":{"rendered":"Jeff Bezos says bottom half of earners should pay zero in income taxes"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108309706\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108309706\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000413519\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\"><a href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\/\">Amazon<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> executive chairman <a href=\"https:\/\/www.cnbc.com\/jeff-bezos\/\">Jeff Bezos<\/a> on Wednesday called for zero federal income taxes on the bottom half of earners.<\/p>\n<p>The top 1% of taxpayers pay 40% of all the tax revenue, and the bottom half pay 3%, Bezos told CNBC&#8217;s Andrew Ross Sorkin.<\/p>\n<p>&#8220;I don&#8217;t think it should be 3%,&#8221; Bezos said. &#8220;I think it should be zero.&#8221;<\/p>\n<p>Bezos&#8217; comments come as a number of Democratic states explore <a href=\"https:\/\/www.cnbc.com\/2026\/04\/23\/wealth-tax-millionaire-tax.html\">higher taxes on the wealthy<\/a>. <\/p>\n<p>The average income tax rate in 2023 was 14.1%, according to a Tax Foundation <a href=\"https:\/\/taxfoundation.org\/data\/all\/federal\/who-pays-federal-income-taxes-tax-year-2023\/\" target=\"_blank\">analysis<\/a> of the latest IRS data. The top 1% of taxpayers paid a 26.3% average rate, seven times higher than the 3.7% average rate paid by the bottom half of taxpayers.<\/p>\n<p><strong>This is breaking news. Please refresh for updates.<\/strong><\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/05\/20\/jeff-bezos-income-taxes.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Amazon executive chairman Jeff Bezos on Wednesday called for zero federal income taxes on the bottom half of&hellip;\n","protected":false},"author":3,"featured_media":43996,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-43995","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investing","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/43995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43995"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/43995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/43996"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}