Elizabeth Warren: “Jeff Bezos pays a tax rate lower than a Boston public school…”

“I was reading a thing long ago, in effect, an interview with a billionaire who said, who cares what the top number is? I'm not paying it. They pay nothing. Jeff Bezos. Go Jeff Bezos pays a tax rate lower than a Boston public school teacher. And they can do that because it turns out when you have a bazillion dollars, you don't actually need to earn a paycheck. You can simply borrow money against your bazillion.” (07:34–07:39)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.