ICYMI: The White House and Amazon founder Jeff Bezos squared off over the Biden administration's handling of U.S. inflation and its plans to tax the rich
founder Jeff Bezos squared off on Monday over the Biden administration's handling of U.S. inflation and its plans to tax the rich. Starting over the weekend, Bezos has been slamming President Joe Biden, accusing him of misleading the public on inflation by arguing that hiking taxes on corporations and the rich would lower consumer costs.
The administration responded with an unusually personal jab that suggested Bezos was trying to protect his wealth and undermine unions."It doesn't require a huge leap to figure out why one of the wealthiest individuals on Earth opposes an economic agenda for the middle class that cuts some of the biggest costs families face, fights inflation for the long haul, and adds to the historic deficit reduction the president is achieving by asking the richest taxpayers and corporations to pay their fair share," White House spokesperson Andrew Bates said in a statement. "It's also unsurprising that this tweet comes after the President met with labor organizers, including Amazon employees." Bezos responded that the administration was trying to distract from stimulus policies that stoked inflation.Amazon founder Jeff Bezos speaks during the UN Climate Change Conference in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis/Pool via REUTERS"They understandably want to muddy the topic," he said on Twitter. "They know inflation hurts the neediest the most. But unions aren't causing inflation and neither are wealthy people." The back-and-forth escalated the war of words between the White House and one of the world's richest men after Biden attacked Amazon for paying too little in federal taxes and appeared to side with workers seeking to unionize some of the company's employees.
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