Billionaires Jeff Bezos and Elon Musk paid 0 federal income tax some years

[SpiritBunny 3,685]

I mean it's 2021 if things like this are still happening is there actually any hope things will ever get fixed?

[efrs 435]

8 minutes ago, Lady Ava Gaga Max said:

Shakira was living in Spain but didn't pay any taxes there. She falsely claimed to live in Bahamas from 2012 to 2014 where taxes are lower. She was never seen in Bahamas. She was almost all this time with her boyfriend in Spain, she was many times photograped there and also gave birth to their first son. 

That’s my anti-colonist QUEEN not paying Spain and building schools for children in Colombia  

[Magui 2,654]

23 minutes ago, Lady Ava Gaga Max said:

Shakira was living in Spain but didn't pay any taxes there. She falsely claimed to live in Bahamas from 2012 to 2014 where taxes are lower. She was never seen in Bahamas. She was almost all this time with her boyfriend in Spain, she was many times photograped there and also gave birth to their first son. 

Yes. But that wasn't what i was trying to explain...the thing is Ronaldo, Messi or even Shakira had the court and tax authorities going through their fortunes and saw that something was wrong regarding what they were declaring taxes wise, being It nothing or not enough. I guess that's really weird how this guys that are even more rich than Ronaldo or Messi don't have the tax authority verifying what they declare...when they are so public and everyone knows how rich they are lol.

[Magui 2,654]

55 minutes ago, Noah said:

There are so many ways the system can be abused in every country, they wont change it bc then the rich people will lose money and power

Yeah I know. And some countries are more "flexible" tax wise ( like companies pay less taxes and people with big fortunes).

[Oriane 22,778]

Disappointed but not surprised

[Aphasic 4,033]

4 hours ago, Lady Ava Gaga Max said:

Billionaires Elon Musk and Jeff Bezos paid zero federal income tax some years, according to a trove of secret IRS records.  The confidential IRS records from the 25 wealthiest people in the United States were obtained by ProPublica and published on Tuesday. 

It show that Amazon founder Jeff Bezos paid no income tax in 2007 and 2011, while Tesla founder Elon Musk's income tax bill came to zero in 2018. Investor George Soros went three straight years - between 2016 and 2018 - without paying federal income tax, according to the records.  


Amazon founder and CEO Jeff Bezos paid a true tax rate of 0.98% as his wealth grew by a staggering $99 billion between 2014 and 2018; he reported $4.22 billion in reported income during the same period.

Elon Musk, the billionaire CEO of Tesla, saw his wealth balloon by $13.9 billion between 2014 and 2018, he reported $1.52 billion in income and paid a true tax rate of 3.27%.

Billionaire investor Warren Buffett, an advocate of higher taxes on the rich, saw his wealth grow by more than $24 billion from 2014 to 2018 and paid a true tax rate of 0.10%

Overall, the richest 25 Americans pay less in tax — 15.8% of adjusted gross income — than many ordinary workers do, once you include taxes for Social Security and Medicare, ProPublica found.

An anonymous source delivered to ProPublica reams of Internal Revenue Service data on the country’s wealthiest people, including Warren Buffett, Bill Gates, Rupert Murdoch and Mark Zuckerberg.

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Yas capitalism! You keep winning and we keep supporting you! Yass!