Amazon’s Bezos Backs Biden’s Infrastructure Plan and Corporate Tax Increases

Amazon’s Bezos Backs Biden’s Infrastructure Plan and Corporate Tax Increases

Amazon founder and CEO Jeff Bezos supports President Joe Biden’s $2 trillion infrastructure plan and corporate tax increases, according to the company’s statement. Bezos says the Congress has supported infrastructure in the past, and it is the right time to work together to pass the spending plan.

Bezos looks forward to Congress and Administration coming together to find the right, balanced solutions to enhance US competitiveness through the infrastructure plan

Bezos statement comes a week after Biden called out Amazon for using federal tax loopholes to avoid paying taxes.Amazon stock is currently gaining. AMZN: NASDAQ is up 0.13% on premarket.

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