Bezos says that the US has one of the most progressive tax codes. This is true by some measures. But our tax and transfer system reduces inequality far less than countries with broader tax systems.
Tax cuts can't help people who don't have an income, but a generous tax financed welfare state can.
James Medlock
I think Democrats like Cory Booker should take a hard look in the mirror and consider why Jeff Bezos loves their tax cut proposals so much.
Billionaires would love to see a weak state with a gutted fiscal capacity.
