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Post by Admin on Jul 20, 2021 13:17:09 GMT
Watch Live: Jeff Bezos launches into space on Blue Origin's first human spaceflight Amazon founder Jeff Bezos is set to launch to the edge of space on Tuesday, fulfilling a lifelong dream and ushering in a new era of space tourism via the first crewed flight from his private space-faring firm Blue Origin. abcn.ws/3kA7N8Q |
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Post by Admin on Jul 20, 2021 19:45:09 GMT
TODAY in 30 brings you everything you love about our show in a quick half hour. We take you inside the preparations for this morning’s Blue Origin flight, as well as give an update on the Tokyo Olympic Games. Plus, Jennifer Lopez and Lin-Manuel Miranda join us for a special announcement, and Shailene Woodley and Felicity Jones stop by to preview their new film.  About TODAY In 30: Savannah Guthrie and Hoda Kotb share exclusive interviews, important headlines and must-know information. Plus, special behind the scenes moments from TODAY. |
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Post by Admin on Jul 21, 2021 5:34:39 GMT
Soon after Amazon (AMZN) chairman and founder Jeff Bezos returned to Earth from space on Tuesday, the billionaire received sharp criticism from progressive Senator Elizabeth Warren (D-MA) contrasting the low tax bills paid by him and Amazon with those borne by everyday Americans who "keep this country running."
The criticism came in response to remarks made by Bezos thanking Amazon customers and employees whose purchases and work "paid for" the space expedition, which was carried out by another Bezos-backed venture, Blue Origin.
In a tweet responding to the remarks, Warren said Bezos, "Forgot to thank all the hardworking Americans who actually paid taxes to keep this country running while he and Amazon paid nothing."
U.S. Rep. Alexandria Ocasio-Cortez (D-NY) also responded sharply to Bezos on Twitter.
Many of the nation's wealthiest executives, including Bezos, use legal tax-avoidance methods that allow them to pay low or no income taxes in some years, according to an investigation released by ProPublica last month.
The investigation calculated a "true tax rate" based on the amount in taxes paid by a billionaire and the amount his or her wealth grew over a given period. By that measure, from 2014 to 2018, Bezos paid a 0.98% tax rate, the investigation found.
By comparison, in recent years, the median American household brought in $70,000 per year and paid 14% in federal taxes, the report says.
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