Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Government departments will look at cutting budgets to fund defence, minister says

      Getty Images collection showcasing diverse business professionals in a collaborative office environment, emphasizing teamw...

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Can football conquer the US? Why culture is key this World Cup

      GettyImages 2281127577 featuring a significant news event or business setting, capturing key moments and interactions

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      The best places to eat sandwiches in Lisbon, from bifanas to pregos

      Bifana do Afonsos famous bifana sandwich showcasing tender pork in a freshly baked roll with savory sauce.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Wednesday 20 May 2026 3:22 pm

Bezos calls taxing low-paid Amazon workers ‘absurd’

By: Saskia Koopman

Tech Reporter

Add as a preferred source on Google
Amazon workers lost a historic union ballot in Coventry earlier this year
Bezos said the "bottom half" of US taxpayers should pay zero federal income tax

Jeff Bezos has said low-paid Americans should pay no federal income tax, describing the idea of taxing some Amazon workers as “absurd”, as the billionaire founder renewed his criticism of the US tax system.

Speaking to CNBC on Wednesday, Bezos said the “bottom half” of US taxpayers should pay zero federal income tax, arguing the burden on lower earners had become too severe.

“There’s something very powerful about zero”, Bezos said.

Using the example of a “nurse in Queens” earning $75,000 a year, Bezos questioned why lower-income workers were paying more than $1,000 a month in taxes while struggling with rent and groceries.

“How about we start by having the nurse in Queens not paying taxes?”, he said.

Bezos later pointed to Amazon employees in the capital earning around $50,000 a year, calling the idea of taxing them “absurd”.

The Amazon founder, whose fortune is estimated at more than $200bn, said increasing taxes on billionaires would do little to solve broader economic inequality in the US.

“I pay billions of dollars in taxes and if people want me to pay more billions, then let’s have that debate”, Bezos said. “But don’t pretend that that’s gonna solve the problem”.

Read more

Is it Jeff Bezos? How Devil Wears Prada 2 created its tech bro villains

Meryl Streep and Aline Brosh McKenna discuss potential sequel to Devil Wears Prada in a news interview setting

Amazon’s own tax record faces renewed scrutiny

Bezos’s comments are likely to reignite scrutiny over Amazon’s own tax affairs, which have long drawn criticism from politicians and campaigners.

In 2018, Amazon paid no federal corporate income tax in the US, despite reporting over $11bn in profits, instead receiving a federal tax rebate worth $129m through a combinaation of tax credits and deductions.

Critics like firebrand socialist Senator Bernie Sanders accused the Big Tech of benefiting disproportionately from corporate tax loopholes introduced under Trump’s 2017 tax reforms.

Amazon has consistently defended its tax position, saying it pays all taxes legally required in every country where it operates and pointing to billions spent on investment and job creation.

Bezos also critiqued politicians for “picking a villain and pointing fingers” rather than addressing deeper structural economic problems.

His intervention comes amid growing debate in both the US and UK over how tax systems affect lower earners and self-employed workers.

In the UK, recent HMRC-linked figures showed lower-income self-employed workers are almost twice as likely to miss tax return deadlines as higher earners, often due to financial pressure and limited access to support.

Read more

Reform UK tax cut pledge raises doubts 

Robert Jenrick speaking at a press conference, addressing current policy issues, wearing a suit and standing behind a podium

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

People & Organisations

  • amazon
  • amazon employees
  • big tech
  • Ecommerce
  • HMRC
  • Jeff Bezos
  • low income
  • magnificent 7
  • Tax
  • us tax

Trending Articles

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

  • Inflation expectations at record high in interest rates signal

  • London Tech Week sums up everything wrong with UK tech

  • KPMG report on AI found riddled with AI hallucinations

  • UK economy falters as deeper damage to growth to come

More from CityAM

  • Is it Jeff Bezos? How Devil Wears Prada 2 created its tech bro villains

    Life&Style
    Meryl Streep and Aline Brosh McKenna discuss potential sequel to Devil Wears Prada in a news interview setting
  • Reform UK tax cut pledge raises doubts 

    Politics
    Robert Jenrick speaking at a press conference, addressing current policy issues, wearing a suit and standing behind a podium
  • Big Tech wants a slice of the fashion world. But why?

    Opinion
    Lauren Sanchez dazzles in an elegant gown at the Met Gala 2026, capturing attention with her stunning red carpet presence.
  • HMRC: self-employed workers twice as likely to file taxes late

    Tax
    HMRC overcharged pensioners thousands
  • Governments can’t ‘tax for growth’ – they need to get out of the way

    Opinion
    Rachel Reeves delivering a speech at a business conference, highlighting economic strategies and engaging with an audience.
  • Reeves aims to lure US workers through tax reform

    Economics
    Keanu Reeves seen casually dressed during a public appearance in a local pub, engaging with fans and enjoying a relaxed at...
  • Next faces shareholder pressure over worker pay

    Retail
    Profit at Next rise 13.8 per cent in the first six months of the year
  • SpaceX IPO puts Musk’s AI empire – and ambitions – in the spotlight

    Tech
    No specific content provided to generate descriptive alt text. Please include more context or details from the article.
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited