Amazon’s Jeff Bezos Supports Infrastructure Bill, Corporate Tax Hike

(Bloomberg) -- Amazon.com Inc. Chief Executive Officer Jeff Bezos said he supported investment in U.S. infrastructure and a hike in the corporate tax rate to help pay for it.

Weighing in as lawmakers debate the Biden Administration’s $2.25 trillion infrastructure plan, the Amazon founder said his company backs “making bold investments in American infrastructure.”

“We recognize this investment will require concessions from all sides -- both on the specifics of what’s included as well as how it gets paid for (we’re supportive of a rise in the corporate tax rate),” Bezos said in a brief statement posted to Amazon’s corporate blog site. “We look forward to Congress and the Administration coming together to find the right, balanced solution that maintains or enhances U.S. competitiveness.”

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