Advertisement
Canada markets closed
  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CAD/USD

    0.7316
    -0.0007 (-0.09%)
     
  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     
  • Bitcoin CAD

    85,724.27
    -2,152.82 (-2.45%)
     
  • CMC Crypto 200

    1,303.30
    -93.23 (-6.68%)
     
  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     
  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     
  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6838
    +0.0017 (+0.25%)
     

Sen. Elizabeth Warren Rips Jeff Bezos For Space Trip While Stiffing IRS

Sen. Elizabeth Warren (D-Mass.) flamed Amazon founder Jeff Bezos for his high-flying trip to space last week after skipping out on his taxes and letting struggling Americans pick up the tab for funding the nation.

ProPublica reported last month that Bezos — who is worth some $205 billion — didn’t pay a penny in federal income tax in 2007, 2011 or 2018. He paid a true tax rate of less than 1% between 2014 and 2018, even though his wealth soared by $99 billion.

ADVERTISEMENT

Now, Bezos will rake in even more dough by selling tickets off-planet via his Blue Origin space company. A public auction held for one of the other three seats on the first crewed flight of the New Sheperd rocket that carried Bezos into space last Tuesday sold for $28 million. He boasted last week that Blue Origin had already sold close to $100 million in tickets for future flights.

Bezos was recently scorched on social media for thanking Amazon workers and customers for funding his flight. That was a particular clunker given that Amazon crushed workers’ efforts earlier this year to unionize and receive better pay and benefits for their labor.

Critics were also happy to agree with Warren:

Also on HuffPost

This article originally appeared on HuffPost and has been updated.