The Secret IRS Files: Trove Of Never-Before-Seen Records Reveal How The Wealthiest Avoid Income Tax
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ProPublica has obtained a vast cache of IRS information showing how billionaires pay little in income tax compared to their massive wealth — sometimes, e...
ProPublica is a nonprofit newsroom that investigates abuses of power. The Secret IRS Files is an ongoing reporting project. Sign up to be notified when the next installment publishes. 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.More Related News