Amazon founder Jeffrey Bezos blasted President Joe Biden for suggesting in a Twitter post that raising the tax rate on the nationâs wealthiest corporations will help solve the Inflation crisis.
âThe newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead,â 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 ânon-sequiturâ which is Latin for âit does not followâ because the disjointedness of the argument is so clear to the audience.
âRaising corp taxes is fine to discuss. Taming Inflation is critical to discuss. Mushing them together is just misdirection,â Bezos wrote.
Bezos, who also owns the Democrat-friendly Washington Post, was responding to a Friday tweet from the president in which Biden wrote: âYou want to bring down Inflation? Letâs make sure the wealthiest corporations pay their fair share.â
Biden did not specifically target Amazon â the nationâs largest e-retailer â 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 âshould start paying their taxes.â
âI donât think any company, I donât 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,â Biden said
âThe whole notion of this is: Are you playing the game fairly? Whatâs 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,â 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, âI 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.â
The company responded: âWeâve 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 Bidenâs complaint is w/ the tax code, not Amazon.â
Biden on the campaign trail claimed his presidency would be an era of economic progress and âBuild Back Better,â 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 Bidenâs American Rescue Plan â the $1.9 trillion stimulus bill passed by Democrats in March 2021 without a single Republican vote in Congress â 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.
