Jeff Bezos Endorses Higher Corporate Taxes For Infrastructure

m.huffpost.com
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The Amazon founder's statement came after President Joe Biden singled out the company for criticism about how much it pays in federal taxes.
WASHINGTON (AP) — Amazon founder and CEO Jeff Bezos endorsed President Joe Biden's focus on building up the country's infrastructure Tuesday and said the company even supports a corporate tax rate hike to help pay for it.

Bezos' statement, posted on the company's website, was notable because it came after Biden singled out the company for criticism about how much it pays in federal taxes when he recently unveiled his $2.3 trillion infrastructure proposal.

Biden has proposed hiking the U.S. corporate tax rate to 28% from 21% to help pay for his plan, an idea that Republican leaders are panning as harmful to economic growth. Democrats will surely cite support from individual companies to undercut that argument.

"We recognize this investment will require concessions from…
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