Skip to content
A Member of the Law Professor Blogs Network

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax ProPublica

In 2007, Jeff Bezos, then a multibillionaire and now the world s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person in the world, also paid no federal income taxes.

Michael Bloomberg managed to do the same in recent years. Billionaire investor Carl Icahn did it twice. George Soros paid no federal income tax three years in a row.

via www.propublica.org

Illegally leaked, but interesting. Makes me less than thrilled to be paying my taxes.