‘I think Amazon should start paying their taxes,’ Joe Biden says

FAN Editor

Apparent Democratic nominee Joe Biden said Friday that Amazon “should start paying their taxes.”

“I don’t think any company, I don’t give a damn how big they are, the Lord Almighty, should absolutely be in a position where they pay no tax and make billions and billions and billions of dollars, No. 1,” Biden said during an interview on CNBC’s “Squawk Box.”

The former vice president was asked whether the company should be broken up. Sen. Elizabeth Warren, who challenged Biden for the Democratic nomination and is now a potential running mate, has called for breaking up Amazon, in addition to other tech giants, like Facebook and Alphabet’s Google, saying that they are too powerful and harm consumers.  

Biden didn’t go as far as Warren, saying that he would leave antitrust judgments to his administration. 

“The whole notion of this is: Are you playing the game fairly?” Biden said. “What’s the capitalist system all about? The capitalist system is about everyone dealing fairly and dealing straight up with the American people and with their employees.”

Amazon’s tax record has been the subject of criticism from politicians on both sides of the aisle.

Last June, Biden and Amazon engaged in a Twitter spat over the issue, with Biden saying “no company pulling in billions of dollars in profits should pay a lower tax rate than firefighters and teachers.”

Amazon fired back, saying it had paid $2.6 billion in corporate taxes since 2016 and touting its investments in U.S. job creation.

“We pay every penny we owe,” the company said at the time.  “Assume VP Biden’s complaint is w/ the tax code, not Amazon,” the company added. 

Representatives for Amazon didn’t immediately respond to a request for comment on Biden’s remarks.

This is breaking news. Check back for updates.

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