Amazon Supports Corporate Tax Hikes And Large Scale Investment In Infrastructure

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Amazon founder and CEO Jeff Bezos said in a Tuesday statement that the company supports an increase in the corporate tax rate and large scale investment in infrastructure.

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

Bezos said Amazon recognizes that such an undertaking “will require concessions from all sides,” adding, “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 concluded.

See the full statement below:

Image credit: Screengrab / Business Insider / YouTube

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