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Jeff Bezos

Kimberly Redmond | Equities.com |

Following the successful launch and return of Blue Origin’s first manned flight to space on Tuesday, a Democratic lawmaker proposed legislation that would tax space travel for non-scientific research purposes.

US Rep. Earl Blumenauer (D-OR), a senior member of the House Ways and Means Committee, introduced the Security Protections Against Carbon Emissions (SPACE) Tax Act, which would create excise taxes on commercial space flights carrying human passengers.


Reuters | Equities.com |

Amazon.com Inc (Nasdaq: AMZN) needs to do better at taking care of its employees, Jeff Bezos said on Thursday in his final letter to shareholders as chief executive officer of the online retail giant.

Bezos’ comments came just days after Amazon warehouse workers in Alabama voted against forming a union by a more than 2-to-1 margin - a major win for the retailer that has fiercely resisted unionization for decades.


Reuters | Equities.com |

Amazon.com Inc supports a hike in the U.S. corporate tax rate as part of an infrastructure overhaul, Jeff Bezos, chief executive of the largest U.S. retailer, said on Tuesday after facing withering criticism from the White House, Congress and on social media.

“We support the Biden Administration’s focus on making bold investments in American infrastructure,” Bezos said in a blog post. “We recognize this investment will require concessions from all sides — both on the specifics of what’s included as well as how it gets paid for (we’re supportive of a rise in the corporate tax rate).”