Bezos says bottom half of U.S. earners should pay no federal income tax

Amazon founder Jeff Bezos told CNBC on Wednesday that the bottom half of U.S. earners should pay no federal income tax, arguing that eliminating those taxes could ease financial strain and encourage entrepreneurship. The bottom half of U.S. taxpayers currently pays about 3% of federal income taxes, a share Bezos said should fall to "zero." Bezos, who stepped back as Amazon's CEO in 2021, is the world's fourth-richest person, with a fortune valued at $279 billion, according to the Bloomberg …