Jeff Bezos asks new disinformation board to review President Biden’s inflation tweet

Jeff Bezos has stated that President Joe Biden should be subject to his own newly devised Disinformation Board after he shared a tweet that seemed to conflate inflation and corporate taxation.

Biden tweeted that if people wanted to reduce inflation, they should support taxing large organisations. “You want to bring down inflation? Let’s make sure the wealthiest corporations pay their fair share,” Biden said in a tweet Friday evening.

On Friday, Bezos shared Biden’s tweet, which he labelled “misdirection,” and called for it to be fact-checked. “The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non-Sequitur Board instead,” Bezos tweeted in response, claiming the two issues lacked correlation or causation.

“Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection,” Bezos added.

The White House have described the board as “nonpartisan” and “apolitical,” but it has since been widely criticized, including knocks from FCC Commissioner Brendan Carr, who described it as “Orwellian” and “unconstitutional.”

Inflation in the US has reached its highest levels since the 1980s, affecting the price of essential goods like gas, food, healthcare, and housing. In April the rate of inflation slowed for the first time in eight months.

As Insider previously reported, some of the most common causes of inflation are excess demand for goods and services, rising costs of wages and materials, currency devaluation, and policies and regulations.

Amazon, which is the company Bezos founded, has long been accused of not paying its share fair of taxes. The company paid no federal income taxes in 2017 and 2018, according to Insider. Bezos, who is one of the world’s richest people, personally paid nothing in federal income taxes in 2007 and 2011, ProPublica reported last year.

For the years he did pay federal income taxes between 2006 and 2018, Bezos paid a total of about $1.4 billion on a reported income of $6.5 billion, or a rate of about 21.5%.