By Noah Rothman
Thursday, May 21, 2026
For all the activists’ theatrical expressions of contempt for billionaires, they’re not above deferring to
the wisdom and expertise of the well-heeled when the objects of their scorn pay
lip service to progressive shibboleths.
Amazon founder Jeff Bezos, for example, recently appealed
to his obsessive detractors’ vanity in an interview with CNBC host Andrew Ross
Sorkin.
“Some people talk about making the tax system more
progressive. How about we start with having the nurse in Queens not pay taxes?”
he declared. “The bottom half of income earners in this country pay only 3
percent of the taxes,” Bezos added. That figure, Bezos insisted, was too high.
“We can find 3 percent,” he closed, noting that it was “absurd” to extract any
income tax revenue from lower- and middle-class wage earners.
The headline Bezos generated from that interview was surely the
one he wanted: “Jeff Bezos says bottom half of earners should pay zero in
income taxes.” In advocating for an even more progressive tax code, though,
Bezos smuggled a conservative talking point into the mouths of left-wing
activists.
Public polling consistently shows that voters believe the Democrats who say that the rich are not
taxed enough. As a logical corollary, majorities also believe that the American “middle class bears the heaviest tax burden.” But by
popularizing Bezos’s remarks, the activist left is also inadvertently helping
to dispel that misconception.
Bezos is right, of course. The lowest 50 percent of wage
earners in America do generate about 3 percent of the nation’s total
income tax revenue. Implicit in that is the fact that the other 97 percent is
generated by the top 50 percent of wage earners. Indeed, as he subsequently
added, the top 10 percent of all wage earners contribute 71 percent of all
income tax revenue, with about 40 percent of America’s income tax haul coming
from the top 1 percent of wage earners.
Progressive activists who recognize the subversion in
which Bezos is engaged are likely to shift the conversation away from income
taxes and toward corporate and capital gains tax rates. But that is
complicated, and it doesn’t scratch the Manichean itch that so madden the
progressive activists who appear to need clear moral distinctions between the
rapacious rich and the systemically oppressed working-class.
Meanwhile, in promoting Bezos’s remarks, the left
undermines their contention that the impossibly wealthy contribute nothing to
the federal treasury and are allergic to doing so.
Clever stuff.
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