A timeline of Jeff Bezos' messy inflation feud with Biden




  • In Politics
  • 2022-05-17 19:37:25Z
  • By Business Insider
Close-up photos of Jeff Bezos and President Joe Biden side by side
Close-up photos of Jeff Bezos and President Joe Biden side by side  
  • Bezos and the Biden administration have feuded for days over US economic problems.

  • Biden said making the wealthiest corporations pay more taxes would help tame inflation.

  • Bezos, founder and chairman of Amazon, accused Biden of "misdirection."

The days-long Twitter feud between the Biden administration and Jeff Bezos started last week over who is to blame for skyrocketing inflation.

President Joe Biden said making the wealthiest corporations pay more in taxes would help. Spoiler alert: Bezos, founder and chairman of Amazon and one of the richest people in the world, doesn't agree.

Things went south from there.

Amazon paid no federal income taxes in 2018 and 2017, and according to a 2021 ProPublica report, Bezos has previously avoided paying income taxes for at least two years, as well.

Here's a timeline of the spat:

May 13: Biden gets things rolling with a tweet asking, "You want to bring down inflation? Let's make sure the wealthiest corporations pay their fair share."

May 13: Bezos retweets Biden, saying the president's statement should be reviewed by Homeland Security's recently announced Disinformation Governance Board. He disagrees that corporate taxes and inflation are intertwined.

May 14: Biden boasted that the administration was lowering the deficit, thereby easing inflation.

May 15: White House spokesman Andrew Bates blasted Bezos' critique in a statement to a reporter from the Washington Post, which Bezos owns. The Washington Post's newsroom leadership has repeatedly said Bezos does not influence their coverage. Bates implied that Bezos was angry at the White House for meeting with Amazon warehouse employees who wanted to unionize.

May 16: Bezos goes on offense, tweeting a reply to Bates' statement implying that the White House is trying to deflect attention from inflation.

May 16: Bates responds to Bezos by citing a statement from Former Treasury Secretary Larry Summers, a critic of the administration on the economy. Summers called Bezos "mostly wrong."

May 16: Fox News reporter Peter Doocy asked White House Press Secretary Karine Jean-Pierre whether she'd be "okay" with the social media disinformation board reviewing Biden's tweet.

May 17: Longtime Bezos foe, Sen. Elizabeth Warren of Massachusetts, who has long called for a wealth tax, came to Biden's defense - and called Bezos a "thin-skinned billionaire."

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