Bezos endorses higher corporate taxes for infrastructure
KEVIN FREKING, Associated Press
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1of5FILE - In this Sept. 19, 2019, file photo, Amazon CEO Jeff Bezos speaks during his news conference at the National Press Club in Washington. Bezos endorsed President Joe Biden’s focus on building up the country’s infrastructure Tuesday, April 6, 2021, and said the company even supports a corporate tax rate hike to help pay for it.Pablo Martinez Monsivais/APShow MoreShow Less
2of5Cars maneuver through tangle of expressways in Jersey City, N.J., Tuesday, April 6, 2021. President Joe Biden is setting about convincing America it needs his $2.3 trillion infrastructure plan, deputizing a five-member jobs Cabinet to help in the effort. But the enormity of his task is clear after Senate Minority Leader Mitch McConnell s vowed to oppose the plan every step of the way. Seth Wenig/APShow MoreShow Less
Jeff Bezos Endorses Higher Corporate Taxes For Infrastructure
The Amazon founder s statement came after President Joe Biden singled out the company for criticism about how much it pays in federal taxes.
Kevin Freking
WASHINGTON (AP) Amazon founder and CEO Jeff Bezos endorsed President Joe Biden’s focus on building up the country’s infrastructure Tuesday and said the company even supports a corporate tax rate hike to help pay for it.
Bezos’ statement, posted on the company’s website, was notable because it came after Biden singled out the company for criticism about how much it pays in federal taxes when he recently unveiled his $2.3 trillion infrastructure proposal.
And despite changes in the wake of the 2019 settlement, the letter notes, YouTube Kids still shows ads to children. But instead of basing it on kids online activity, it now targets it based on the videos they are watching.
YouTube said it has sought to provide kids and families with protections and controls enabling them to view age-appropriate content. It also emphasized that the 2019 settlement was over the regular YouTube platform, not the kids version.
“We’ve made significant investments in the YouTube Kids app to make it safer and to serve more educational and enriching content for kids, based on principles developed with experts and parents, the company said.
And despite changes in the wake of the 2019 settlement, the letter notes, YouTube Kids still shows ads to children. But instead of basing it on kids online activity, it now targets it based on the videos they are watching.
YouTube said it has sought to provide kids and families with protections and controls enabling them to view age-appropriate content. It also emphasized that the 2019 settlement was over the regular YouTube platform, not the kids version.
“We’ve made significant investments in the YouTube Kids app to make it safer and to serve more educational and enriching content for kids, based on principles developed with experts and parents, the company said.
And despite changes in the wake of the 2019 settlement, the letter notes, YouTube Kids still shows ads to children. But instead of basing it on kids online activity, it now targets it based on the videos they are watching.
YouTube said it has sought to provide kids and families with protections and controls enabling them to view age-appropriate content. It also emphasized that the 2019 settlement was over the regular YouTube platform, not the kids version.
“We’ve made significant investments in the YouTube Kids app to make it safer and to serve more educational and enriching content for kids, based on principles developed with experts and parents, the company said.