Jeff Bezos claims, ‘You could double the taxes I pay, and it’s not gonna help that teacher in Queens.’ while also arguing Airbnb doesn’t raise rents ‘it’s government intervention’

Double zero isn’t enough. 95%.

He’s almost right, but he’s dodging the actual argument.

Nobody thinks taxing Bezos harder suddenly funds utopia. The issue is that the ultra wealthy can effectively live rich without technically having income the same way normal people do.

They sit on massive appreciating assets, borrow against them, use loopholes, deductions, and unrealized gains rules, and end up paying proportionally less than people making a fraction of their wealth. Then when they need liquidity, they can tap assets whenever convenient.

So yeah, if you calculate taxes based on the carefully engineered taxable income after all the rich boy tax mechanics, Bezos is correct. But that’s not what people are criticizing and he knows it.

It’s like a rich kid showing up in a Ferrari and designer clothes, ordering a $600 dinner and dropping another grand at the bar, then claiming he’s broke because technically the cash isn’t his. Daddy owns the mansion. Daddy owns the cars. Daddy owns the company account. He just has access to all of it whenever he wants.

That’s basically how billionaire wealth works. The wealth exists in assets, stock ownership, equity, trusts, and borrowing power instead of normal taxable cash sitting in a bank account. So when people say they don’t actually have the money, they’re technically telling the truth while living like kings.

The wealth is real. The lifestyle is real. The system just lets the ownership structure shield huge portions of it from normal taxation until liquidation happens, if it ever does.

That’s the game. Rich in assets. Rich in access. Poor on taxable income.

If taxes for Americans are too high and they are lowered, who will pay for the difference?

He’s nothing honest but he is being honest about that. He just doesn’t want to say the problem. You could double his taxes and it won’t help teachers. It won’t help anyone really. At least not anyone who needs it. If you tax them more the only thing that will happen is we will give it to ICE and use it to bomb Israel. We could already been funding a lot of the things we need and want. We spend it on defense, trumps golf, or future gold ball room. Bezos knows what the problem is and it’s not him paying too little in taxes.

Yes he should pay more and I’m not arguing that. But if we don’t fix the problem with how the federal government waste our tax dollars it wouldn’t really do much.

Wealth tax. The rest of us already pay taxes in assets we own and cannot sell. Its called property tax.

He didn’t used to be that stupid. Once you start justifying the suffering of the precariat, you lose connection to objective reality, and everything becomes about hypocrisy. He didn’t really do that in this video, but his perspective is downstream of no longer thinking objectively.

And cutting taxes for the wealthy helps that teacher in Queens? How?

Rich people more taxes wont help the working class? Is this the argument were going with now?

Billionaires should not exist. Bezos is a good example of that.