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Bezos, Biden spar about inflation on Twitter

Amazon.com Inc founder Jeff Bezos on Friday accused United States President Joe Biden of “misdirection” on Twitter in response to the US leader’s tweet saying inflation could be tamed by making wealthy corporations “pay their fair share.”

The exchange began Friday evening with Biden’s tweet: “You want to bring down inflation? Let’s make sure the wealthiest corporations pay their fair share.”

Amazon, which paid US$3.7 billion in taxes in 2021 on global revenue of $469 billion, is often criticised for not contributing enough in federal levies, given its size. Still Bezos, the world’s second-wealthiest man who is often held up as a poster boy for income inequality, wasn’t ready to sit by and start taking heat for inflation as well.

“The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead,” Bezos tweeted, referring to the Department of Homeland Security’s Disinformation Governance Board announced in April. “Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection.”

Amazon.com Inc founder Jeff Bezos, left, and US President Joe Biden. (Photos: AFP)

Bezos and Amazon were frequent Twitter targets of former President Donald Trump, who often tried to blunt critical investigative stories by the Bezos-owned Washington Post by attributing it to his personal feud with Bezos.

This is the Amazon founder’s first public spat with Biden and came on a day when Bezos was quite active on the social-media platform. In addition to sparring with Biden about inflation, Bezos engaged in conversations with other Twitter users about space squirrels and dyslexia.

Twitter has been at the centre of the news since Elon Musk, the world’s wealthiest man, offered to take it private last month.

Elon Musk, founder of SpaceX, speaks during the Satellite 2020 at the Washington Convention Center in Washington, DC, on April 11, 2022. (Photo: AFP)
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Dive Deeper:
Amazon's Jeff Bezos criticises US Prez Joe Biden over inflation tweet. See post
The exchange began with Biden’s tweet: 'You want to bring down inflation? Let’s make sure the wealthiest corporations pay their…
Bezos Slams Biden Over Inflation Tweet, Says Disinformation Board Should Fact Check President's Tweet
Amazon.com, Inc (NASDAQ: AMZN) Executive Chairman Jeff Bezos on Friday attacked President Joe Biden for his recent tweet on inflation…
Jeff Bezos criticizes Joe Biden in Twitter spat over inflation
The Amazon founder blames Democrats’ stimulus packages for rising prices
Jeff Bezos and Joe Biden spar over corporate taxes and inflation
Jeff Bezos tweeted,'They failed, but if they had succeeded, inflation would be even higher than it is today, and inflation…
One subscription that gives you access to news from hundreds of sites
A Bezos-Biden squabble: Can corporate taxes tame inflation?
Jeff Bezos this weekend became the latest centibillionaire to launch a political fight on Twitter by denouncing a tweet by…
Opinion | Why Jeff Bezos’ Anti-Biden Tweets Are So Dumb
The billionaire owner of the Washington Post has every right to tweet. He just shouldn’t be foolish enough to do…
Get all your news in one place