Bezos Supports Infrastructure Investment, Corporate Tax Hike (1)

Amazon.com Inc. Chief Executive Officer Jeff Bezos said he supported investing in U.S. infrastructure and a hike in the corporate tax rate to help pay for it.

Weighing in as lawmakers debate the Biden administration’s $2.25 trillion infrastructure plan, the Amazon founder said his company backs “making bold investments in American infrastructure,” but stopped short of endorsing the president’s proposal.

“We recognize this investment will require concessions from all sides -- both on the specifics of what’s included as well as how it gets paid for (we’re supportive of a rise in the corporate tax rate),” Bezos said in ...