Bezos and Cardone unite in call to end federal income taxes for middle-class Americans
By
Damilola Esebame
Crackling crust, pillowy middle. The kind of bagel that earns a second cup of coffee.
Summary
Jeff Bezos and Grant Cardone have both called for eliminating federal income taxes for lower-income and middle-class Americans, arguing that workers earning salaries like $75,000 should keep their full paychecks. Their proposal comes amid intense Congressional tax debates in 2026, with the two typically opposed business figures finding rare common ground on tax policy.
Key quotes
· 3 pulledLower-income and middle-class Americans, they argue, should keep every dollar of their paychecks without sending any portion to Washington.
A nurse in Queens earning $75,000 a year hands over more than $12,000 in federal income taxes.
Their arguments landed during one of the most heated tax debates in recent memory, with Congress fighting...
You might also wanna read
Bezos and Cardone propose eliminating federal income taxes for middle-class Americans
Jeff Bezos and Grant Cardone have both called for eliminating federal income taxes for lower-income and middle-class Americans, arguing that
bit.ly·1d ago
Outdated capital gains tax threshold on home sales sparks debate amid housing shortage
A growing debate in the real estate world centers on an outdated tax threshold for capital gains on home sales. The current $250,000/$500,00
bit.ly·16h ago
How Peter Thiel Used a Roth IRA to Build a $5 Billion Tax-Free Fortune
Peter Thiel, the billionaire PayPal co-founder and prominent anti-tax activist, has used a Roth IRA — a retirement account designed for midd
propublica.org·1d agoHow Peter Thiel Used a Roth IRA to Build a $5 Billion Tax-Free Fortune
Peter Thiel, the billionaire PayPal co-founder and prominent anti-tax activist, has used a Roth IRA — a retirement account designed for midd
propublica.org·1d ago
Capital gains tax changes are not an attack on young home buyers
The article argues that claims about capital gains tax changes in the Budget harming young people's ability to buy homes by undermining stoc
thepoint.com.au·3d ago
New York City passes pied-a-terre tax targeting luxury second homes; Ken Griffin's tax bill would more than triple
New York City has passed a pied-a-terre tax targeting luxury second homes, with Citadel CEO Ken Griffin becoming the face of the policy. Und
cnbc.com·3d ago