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Larry Summers Sides With Biden in Twitter Spat With Jeff Bezos

Joe Biden and Jeff Bezos
Joe Biden and Jeff Bezos

Source: Bloomberg

Former Treasury Secretary Lawrence Summers is backing President Joe Biden after Amazon.com Inc. founder Jeff Bezos criticized a tweet from Biden that called for wealthy corporations to pay their fair share to bring down inflation.

Bezos responded to Biden’s tweet and argued that combining taming inflation with raising corporate taxes is “misdirection.”