How do US billionaires avoid paying taxes?

Warren Buffet paid an 18% tax rate in 2007, while his secretary paid a 33% rate. In 2007, 2011, and 2018, Jeff Bezos and Elon Musk paid a total of $0 in income taxes. Every year, billionaires in the United States save $160 billion in taxes. How is it possible to be a billionaire while paying so little in taxes?

WION India for Thursday May-12-2022

About Channel:

WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.

Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews

Follow us on Google News for latest updates

Zee News:- https://bit.ly/2Ac5G60
Zee Bussiness:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps : https://bit.ly/ZeeNewsApps

©RTS Creator Profile, NEWSwithCoffee
Enjoy your real NEWS with a nice cup of Java. All the banned NEWS the establishment media doesn't want you to know about.
RTS App
RTS App

You might be interested in

RTS App
RTS App

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
© RTS | Real Truth Seekers’ UNCENSORED Video Platform
#ToTop
Thumbnail Ad
Thumbnail Ad
Thumbnail Ad
Thumbnail Ad
Thumbnail Ad
Icon
Copy link
© RTS’ UNCENSORED Video Platform