Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

Dear Common Dreams Readers:
Corporations and billionaires have their own media. Shouldn't we? When you “follow the money” that funds our independent journalism, it all leads back to this: people like you. Our supporters are what allows us to produce journalism in the public interest that is beholden only to people, our planet, and the common good. Please support our Mid-Year Campaign so that we always have a newsroom for the people that is funded by the people. Thank you for your support. --Jon Queally, managing editor

Join the small group of generous readers who donate, keeping Common Dreams free for millions of people each year. Without your help, we won’t survive.

Jeff Bezos

Jeff Bezos speaks at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 20, 2016 in San Francisco, California. (Photo: Michael Kovac/Getty Images for Vanity Fair)

Bezos Praises Manchin for Blocking Biden's Corporate Tax Hike

"Biden's plan was to make billionaires and corporations pay their fair share in taxes, and use that money to help families," said one critic. "Of course a billionaire owner of a $1.1 trillion corporation doesn't like that."

Julia Conley

Billionaire Amazon founder Jeff Bezos' praise for Sen. Joe Manchin's obstruction of his own party's anti-poverty and climate action agenda "tells you everything you need to know" about the right-wing Democratic lawmaker, progressive organizers said Sunday as Bezos weighed in on inflation and government spending.

Bezos tweeted that the West Virginia Democrat saved the Biden administration "from themselves" by standing in the way of passing a methane fee and other far-reaching climate action, paid family leave, an extension of the Child Tax Credit, and other measures in the Build Back Better Act.

Since Manchin announced last December that he would not back the bill, he has called on his party to focus its spending proposal on reducing the federal deficit and easing inflation, which has pushed the prices of goods up by more than 8% in the last year.

As Common Dreams reported last month, Securities and Exchange Commission filings for 100 U.S. companies revealed that wealthy corporations have used inflation as a pretext for raising prices while boosting their profits.

Bezos' praise of Manchin came two days after he took aim at President Joe Biden for demanding that corporations "pay their fair share" in taxes to help bring down inflation.

The Build Back Better Act would have used revenue from higher taxes on corporations and the wealthiest Americans to invest in its anti-poverty and climate provisions. The president has criticized Amazon for its tax practices; the company effectively paid no federal taxes in 2017 and 2018 despite raking in hundreds of billions of dollars in sales revenue.

Bezos said Friday that while raising corporate taxes is "fine to discuss" and inflation must be gotten under control, the president's discussion of the two issues was a "misdirection."

CNBC reporter Brian Schwartz noted that Bezos is just the latest billionaire to align himself with Manchin and against Biden. As Common Dreams reported in January, Manchin was showered with thousands of dollars from Republican megadonor Ken Langone after tanking the Build Back Better agenda.

The economic justice group Americans for Tax Fairness (AFT) said Monday it should come as no surprise that Bezos, whose company is worth more than $1 trillion, is against a corporate tax hike and supportive of the right-wing Democrat who stopped the Build Back Better Act in its tracks.

"Jeff Bezos got $77 billion richer during the first two years of the pandemic," tweeted AFT. "Meanwhile, 99% of the world saw their incomes drop."

The White House on Sunday evening echoed AFT's comments.

"It doesn't require a huge leap to figure out why one of the wealthiest individuals on Earth opposes an economic agenda for the middle class that cuts some of the biggest costs families face, fights inflation for the long haul, and adds to the historic deficit reduction the president is achieving by asking the richest taxpayers and corporations to pay their fair share," Deputy Press Secretary Andrew Bates told Jeff Stein of The Washington Post.

Bates added that Bezos has timed his attacks on Biden's spending and taxation plans days after the president met with Christian Smalls, the former Amazon worker who organized a successful union drive at a warehouse in Staten Island, New York in April.

Biden also warned Amazon, "Here we come" following the union victory.


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

"I'm sure this will be all over the corporate media, right?"
That’s what one longtime Common Dreams reader said yesterday after the newsroom reported on new research showing how corporate price gouging surged to a nearly 70-year high in 2021. While major broadcasters, newspapers, and other outlets continue to carry water for their corporate advertisers when they report on issues like inflation, economic inequality, and the climate emergency, our independence empowers us to provide you stories and perspectives that powerful interests don’t want you to have. But this independence is only possible because of support from readers like you. You make the difference. If our support dries up, so will we. Our crucial Mid-Year Campaign is now underway and we are in emergency mode to make sure we raise the necessary funds so that every day we can bring you the stories that corporate, for-profit outlets ignore and neglect. Please, if you can, support Common Dreams today.

 

Ilhan Omar Says Plan to Fix Supreme Court Must Include Impeachment Probes

"We need an impeachment investigation into Clarence Thomas' role in the January 6th coup, as well as into Gorsuch, Alito, Barrett, and Kavanaugh's testimony on Roe during their confirmation hearings," said the Minnesota Democrat.

Jake Johnson ·


Right-Wing Justices Should Be Impeached for Lying Under Oath, Says Ocasio-Cortez

"We have a responsibility to protect our democracy," said the New York Democrat. "That includes holding those in power who violate the law accountable."

Kenny Stancil ·


'Infuriating': Biden Rebuked for Continued Opposition to Supreme Court Expansion

"What does Biden 'agree' with doing?" Mehdi Hasan asked. "What does the leader of this country want to do to stop the increasingly fascistic assault on our democratic institutions and basic rights?"

Kenny Stancil ·


'We Need Action': Biden, Democrats Urged to Protect Abortion Access in Post-Roe US

"The Supreme Court doesn't get the final say on abortion," Sens. Elizabeth Warren and Tina Smith wrote in a new op-ed.

Kenny Stancil ·


Motorist 'Tried to Murder' Abortion Rights Advocates at Iowa Protest, Witnesses Say

Although one witness said the driver went "out of his way" to hit pro-choice protestors in the street, Cedar Rapids police declined to make an arrest.

Kenny Stancil ·

Common Dreams Logo