Amazon’s Jeff Bezos Comes Out in Support of Biden’s Infrastructure Bill and Tax Hike for Corporations

📦Amazon founder and CEO Jeff Bezos says he supports President Joe Biden‘s proposed $2 trillion infrastructure bill and increase of the corporate tax rate to pay for it.

In a statement on Tuesday, Bezos said, “We support the Biden Administration’s focus on making bold investments in American infrastructure. Both Democrats and Republicans have supported infrastructure in the past, and it’s the right time to work together to make this happen.”

“We recognize this investment will require concessions from all sides — both on the specifics of what’s included as well as how it gets paid for (we’re supportive of a rise in the corporate tax rate). We look forward to Congress and the Administration coming together to find the right, balanced solution that maintains or enhances U.S. competitiveness,” he added.

Read the statement below:

During remarks in Pittsburgh last week, Biden called his proposal a “once-in-a-generation investment in America, unlike anything we’ve seen or done.”

“It’s big, yes. It’s bold, yes. And we can get it done,” he said.

His plan aims to provide billions to rebuild the nation’s roads and bridges, make investments in the electric car market, extend affordable care for aging Americans, and invest in green energy to combat climate change.