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June 8, 2021 11:55 am GMT
Original Link: https://boingboing.net/2021/06/08/propublica-investigation-finds-ultra-rich-pay-almost-nothing-in-federal-income-tax.html?utm_source=rss&utm_medium=rs
ProPublica investigation finds ultra-rich pay almost nothing in federal income tax
The Three Percenters are a far-right group who love guns and Nazis, but the term would apply just as nicely to America's richest men, who pay about that rate in federal income tax due to legal loopholes and other shenanigans. ProPublica acquired financial documents that show Jeff Bezos, Elon Musk, Michael Bloomberg and other multibillionaires paid about 3% or less of new incomeand that's if they paid anything at all. — Read the rest
Original Link: https://boingboing.net/2021/06/08/propublica-investigation-finds-ultra-rich-pay-almost-nothing-in-federal-income-tax.html?utm_source=rss&utm_medium=rs
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