How billionaires like Jeff Bezos avoid paying federal income tax

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How billionaires like Jeff Bezos and Elon Musk avoid paying federal income tax while increasing their net worth by billions

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at times. At least $19 billion of Bezos' wealth is not tied to his stake in Amazon.

As a result, though Bezos' net worth increased by a reported $127 billion between 2006 and 2018, he only reported an income of $6.5 billion for those 12 years, according to ProPublica, resulting in a tax bill of around $1.4 billion. If you account for the $127 billion increase to his net worth that came from stocks appreciating in value over time, that $1.4 billion in federal income taxes accounts for just over 1%.

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You too no longer have to pay taxes, all you have to do is created 70,000 jobs! EZPZ

Oh great, I too would like to know how to not pay taxes.

Let a black billionaire try to pull this crap.

FED prints trillions of $$$ and most of it ends up in the hands of the 1% of global wealth. Then they want them to pay tax and hand it back. How about just stop handing the money over to them in the first place?

Money prrrrrinting machine😂

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