Jeff Bezos is personally worth $150 Billion bucks. This writer contends that that illustrates failures of tax and social policy. Discuss.
https://www.theatlantic.com/business...llions/566552/
Quote:
This is a credit to Bezoss ingenuity and his business acumen. Amazon is a marvel that has changed everything from how we read, to how we shop, to how we structure our neighborhoods, to how our postal system works. But his fortune is also a policy failure, an indictment of a tax and transfer system and a business and regulatory environment designed to supercharging the earnings of and encouraging wealth accumulation among the few. Bezos did not just make his $150 billion. In some ways, we gave it to him, perhaps to the detriment of all of us. |
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