KUOW Newsroom This week in head scratchers: Bezos supports a rise in the corporate tax rate? Amazon founder Jeff Bezos announced support for President Biden’s focus “on making bold investments in American infrastructure.” And here was the surprising part: Bezos added “we’re supportive of a rise in the corporate tax rate” to help pay for it.
Washington billionaire tax proposal tries to find equity, includes 'escape' loopholes Jeff Bezos, Bill Gates and Howard Schultz are all worth billions of dollars - and they're all Washington residents. Now, state lawmakers are considering a wealth tax on resident billionaires.
Will clashes over climate continue without Bezos as Amazon's CEO? Amazon's founder and original CEO Jeff Bezos will step down this summer. It's news that could imply changes at the helm of the company, which has clashed with employees over issues like workplace safety and the environment.
Jeff Bezos To Step Down As Amazon's CEO New CEO will be Andy Jassy, the head of Amazon's cloud computing division. "As much as I still tap dance into the office, I'm excited about this transition.," Bezos said.
KUOW Newsroom Tax a billionaire, raise some cash? It's an idea WA Democrats are floating Washington billionaires would pay a “wealth tax” under a proposal in the state House that will get a public hearing on Tuesday . The bill is sponsored...
There's Rich, And Then There's Jeff Bezos Rich: Meet The World's Centibillionaires The Amazon CEO and four other billionaires are part of the world's most exclusive club in the midst of the pandemic: those whose fortunes exceed $100 billion.
KUOW Newsroom Bezos' testimony comes with House members' antitrust shocker Amazon founder Jeff Bezos is now awaiting a House committee's prescription for his company. The House Judiciary Committee's antitrust subcommittee says it is finalizing a report on its investigation into big tech companies and it will propose solutions for problems it finds -- including those with Amazon.
4 Key Takeaways From Washington's Big Tech Hearing On 'Monopoly Power' Rep. David Cicilline, D-R.I., says Amazon, Facebook, Google and Apple operate like monopolies and need to be broken up or regulated.
Jeff Bezos May Testify Before Congress For The First Time This Summer Amazon has long resisted calls for such testimony, but a new letter to the House Judiciary Committee suggests Bezos is open to joining other tech CEOs at an antitrust hearing.
Bezos Hopes To Start Amazon Workers Coronavirus Testing 'Soon' The CEO says "vastly more" COVID-19 testing is needed. The company is building its own lab to start testing some workers, potentially looking to start regular checks for all employees.