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Jeff Bezos gets taxes right — and very, very wrong

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Socialism will always find an audience because it appeals to base envy and resentment.

Ginning up a mob to be mad at “oligarchs,” “Wall Street barons,” “kulaks” or “billionaires” is cheap and easy.

So it was refreshing to hear Amazon founder Jeff Bezos, the fourth richest man on the planet, offer unadulterated praise of the moral and economic superiority of capitalism in his recent interview with CNBC’s Andrew Ross Sorkin.

You could practically hear progressives gasping when Bezos claimed that “the value to society and civilization from my for-profit companies will be much, much larger than the good that I do with my charitable giving.”

As we’ve seen, billionaires are far better at dispensing capital to productive sectors of society than charity or government.

The United States is better off when Bezos keeps his wealth away from Congress or Zohran Mamdani.

NAACP’s harmful boycott: Letters to the Editor — May 25, 2026

Jeff Bezos shows how to call out Mamdani’s tax-the-rich scams

Jeff Bezos defends Washington Post layoffs, reveals why he refuses to subsidize unprofitable paper

Amazon and other mega-corporations create more jobs, save people more money, and foster more self-reliance than any government program.

The profit motive is much more effective at improving people’s lives than good intentions.

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