Jeff Bezos promises you that doubling his taxes won’t make your life better (opens in new tab)

Taxing the rich might not solve the world’s problems—at least, that’s what the rich say. In a recent sit-down interview, CNBC’s Andrew Ross Sorkin spoke with Amazon founder and executive chairman Jeff Bezos at the billionaire’s Blue Origin facility in Florida. There, Bezos shared that he believes low earners in the U.S. should not pay taxes. “One percent of taxpayers pay 40% of all the tax revenue; the bottom half pay only 3%. I think it should be zero,” Bezos said. “I think there’s something...

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