Bezos, Musk among the rich who paid little to no income taxes, ProPublica reports
By Paul Wiseman and Marcy Gordon
Published article
CEO of Amazon Jeff Bezos (R) gestures as he addresses the Amazon s annual Smbhav event in New Delhi on January 15, 2020. (Photo by Sajjad HUSSAIN / AFP) (Photo by SAJJAD HUSSAIN/AFP via Getty Images)
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WASHINGTON - The rich really are different from you and me: They’re better at dodging the tax collector.
Amazon founder Jeff Bezos paid no income tax in 2007 and 2011. Tesla founder Elon Musk’s income tax bill was zero in 2018. And financier George Soros went three straight years without paying federal income tax, according to a report Tuesday from the nonprofit investigative journalism organization ProPublica.
Uber-rich use legal tax strategies to pay next to no income tax: ProPublica
Overall, the richest 25 Americans pay less in tax - an average of 15.8% of adjusted gross income - than many ordinary workers do, once you include taxes for Social Security and Medicare, ProPublica found
Associated Press | June 9, 2021 | Updated 19:41 IST
Tesla founder Elon Musk s income tax bill was zero in 2018
The rich really are different from you and me: They re better at dodging the tax collector.
Amazon founder Jeff Bezos paid no income tax in 2007 and 2011. Tesla founder Elon Musk s income tax bill was zero in 2018. And financier George Soros went three straight years without paying federal income tax, according to a report Tuesday from the nonprofit investigative journalism organization ProPublica.