Robert Reich Says Jeff Bezos Is ‘Partly Right’ That Doubling His Taxes Won’t Help Teacher In Queens Since Some Years He Pays $0 — You Can’t Double Nothing

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Doubling a billionaire's tax bill sounds like a lot — unless that tax bill is already zero. Former U.S. Labor Secretary Robert Reich says Amazon founder Jeff Bezos is "partly right" about his taxes, pointing out that some years Bezos paid no federal income tax. "You could double the taxes I pay, and it's not going to help that teacher in Queens," Bezos told CNBC while discussing taxes on billionaires in May. He also argued that the bottom half of U.S. earners should pay no federal income tax. Don't Miss: Texas Is Adding 440+ Data Centers. There's A Problem: They All Need Power.