Jeff Bezos: The bottom half workers pay 3% of all taxes – it should be zero

Summary

Jeff Bezos discusses wealth disparity and tax policy on Squawk Box, arguing that the bottom half of earners should pay zero taxes and that the U.S. has a spending problem. He criticizes New York City's school spending without providing investment ideas.

• Jeff Bezos appears on Squawk Box at Blue Origin's facility.
• He discusses a 'tale of two economies' with some thriving and others struggling.
• Bezos states the bottom half of income earners pay only 3% of taxes and should pay zero.
• He argues the U.S. has a spending problem, not a revenue problem.
• He criticizes New York City school spending at $44,000 per student with poor outcomes.
• No specific stocks, sectors, or tradeable assets are discussed.