Expert Reacts to Bezos Claiming Doubling His Taxes Won't Help The Working Class

Added: 2026-05-28

[00:00:00]You could you could double the taxes I pay and it's not going to help that teacher in Queens. I promise you. So when Bezos says doubling his taxes isn't going to help that teacher in Queens, is that actually true? Let's talk about it.

[00:00:11]We do know that he's right about two things. [music] Number one, working class people are being crushed by taxes they just can't afford. And number two, the bottom 50% of Americans only pay about 3% [music] in federal taxes. To his credit, Bezos admits that the bottom 50% of Americans shouldn't even be paying taxes [music] in the first place.

[00:00:27]And a lot of taxpayers would agree with that. But here's the contention. The IRS already loses over $600 billion [music] in taxes that are legally owed but never collected. And that number keeps growing. [music] So we can't afford to collect less, but nobody wants to pay more. So who's right? The real question billionaires like Bezos keep avoiding is why are wages and [music] wealth taxed so differently? The reality is a nurse in Queens making $75,000 a year loses 20 to 30% of her paycheck before that [music] money ever hits her account.

[00:00:54]Meanwhile, a report revealed that from 2006 to 2018, Bezos's wealth grew $127 billion.

[00:01:01]For which he paid $1.4 [music] billion in federal taxes, which is roughly a 1% effective tax rate. While the nurse in Queens is getting taxed [music] 20 to 30%. Let me know in the comments if you guys think that's fair. If you don't know what your effective tax rate is, just check for free at the link in bio with our calculator. If you want a full breakdown on [music] how the ultra wealthy use tax loopholes every single day, click the suggested video right here.

[00:01:22]>> [music] >> And if you want to learn how to maximize your tax savings, follow Keeper. We help the average taxpayer find legal tax strategies to ensure they never overpay a penny in taxes ever again.