Biden, who appeared for the interview via livestream from his home in Wilmington, Delaware, didn't go as far as Warren, saying he would leave antitrust judgments to his administration. But he said Amazon's behavior was inappropriate.
The online retailer has fared far better than most U.S. companies as stay-at-home measures related to the coronavirus pandemic have shifted consumer demand further onto the internet. But the company continues to face political pressure from politicians on the left and right. In a tweet last year, Trump called Bezos "Jeff Bozo" and expressed hope that "the paper will soon be placed in better & more responsible hands!". The company, which benefits from a variety of tax credits and deductions, reported total revenue last year of $280.5 billion.over the issue, with Biden saying "no company pulling in billions of dollars in profits should pay a lower tax rate than firefighters and teachers.
JoeBiden SquawkCNBC Joe, the reason they are outsourcing is because of tax. Now you want to increase it?
JoeBiden SquawkCNBC Well of course!!! And that’s why he also said a recovery is a “long way away”- because if he’s elected, we’ll have another sluggish recovery with a weak GDP like it was when he was VP...
JoeBiden SquawkCNBC Oh joy... Biden is a fool.
JoeBiden SquawkCNBC Bad policies, and he can’t even explain them. Sad
JoeBiden SquawkCNBC And the CNBC CementHead obediently nods in agreement
JoeBiden SquawkCNBC Won't that discourage job creation at the moment we need it most?
JoeBiden SquawkCNBC Federal government is bending over backwards to provide Covid loans and grants that will not need to be paid back if they retain employees. What planet is this nut job on? He doesn’t even know what day it is.
JoeBiden SquawkCNBC Now who on Wall Street wants that?
JoeBiden SquawkCNBC
JoeBiden SquawkCNBC I have no idea what he just said.
JoeBiden SquawkCNBC trashytrashrat
JoeBiden SquawkCNBC
JoeBiden SquawkCNBC .. and if he can't push that thru, cut some or all of social security and medicare .. wonder if the republican senate would be ok with that plan ?
JoeBiden SquawkCNBC Really pushing PlantationJoe this morning
JoeBiden SquawkCNBC He also told me that I am not black since I won't vote for him. YouAintBlack
JoeBiden SquawkCNBC Joe will tell you if you are BLACK ENOUGH
JoeBiden SquawkCNBC What else did joe say today?
JoeBiden SquawkCNBC He's meat.
JoeBiden SquawkCNBC Media trying to spin Joe's bigotry by publishing other topics.
JoeBiden SquawkCNBC That’s still pretty low.
JoeBiden SquawkCNBC No thanks
JoeBiden SquawkCNBC This is a talking point. Amazon pays billions in taxes.
JoeBiden SquawkCNBC The old school gotcha talking points aren’t going to work any more, he’s been there almost 50 years and complains of the system he helped create.
JoeBiden SquawkCNBC except amazon pays the legal amount of tax they are required too and also pays their staff the legally defined amounts if you dont like it, dont work or buy from amazon if the government steps in, amazon will just move outside of the US
JoeBiden SquawkCNBC Hate the game, not the player. It’s not amazon, it’s the new tax laws Trump put in place to favor corporations over citizens and benefit the rich. Trickle down economics don’t work. We already confirmed that.
JoeBiden SquawkCNBC Joe, why are we over-paying public sector workers? Why are private citizens without pension plans funding comfortable retirements for Government workers? The Gubmint is supposed to server the people, not vice versa. Now give us your car keys, old man.
JoeBiden SquawkCNBC what does trump own amazon is this the tax problem
JoeBiden SquawkCNBC
JoeBiden SquawkCNBC Biden is against the reinvestment into R&D. A practice that creates tens of thousands of HIGH paying jobs. A practice that is more beneficial to our country than another billion for the government to blow.
JoeBiden SquawkCNBC JoeBidenIsARacist
JoeBiden SquawkCNBC In a fair game, you don't print $10 trillion dollars and selectively bail out companies.
JoeBiden SquawkCNBC yeah like you'll walk that walk
JoeBiden SquawkCNBC but are your BLACK ENOUGH?...Joe will tell you if you are
JoeBiden SquawkCNBC What the hell is he talking about
JoeBiden SquawkCNBC Does Amazon pay the legal amount as allowed in the federal tax law?
JoeBiden SquawkCNBC To be fair Amazon is doing everything according to the law. He needs to change the law. Not go after Amazon
JoeBiden SquawkCNBC Biden has lost his both of his remaining marbles
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Source: CNN - 🏆 4. / 95 Read more »