Inflation: Jeff Bezos criticizes President Biden’s plan to raise corporate tax rate

Yahoo Finance published this video item, entitled “Inflation: Jeff Bezos criticizes President Biden’s plan to raise corporate tax rate” – below is their description.

#inflation #JeffBezos #Biden

Yahoo Finance’s Rick Newman discusses Amazon CEO Jeff Bezos’ criticism of the Biden administration’s plan to raise corporate tax rates to combat inflation and how lawmakers are voting on these proposed tax plans.

Yahoo Finance YouTube Channel

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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Jeffrey Preston Bezos is an American business magnate, media proprietor, investor and commercial astronaut. Bezos is the founder and executive chairman of Amazon, having previously served as chairman, president and CEO of the company.

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