whitewolfsonicprincess' 2nd single Child of the Revolution

Monday, December 23, 2024

The Wealthy are Skating...

This is THE STORY of our time: "How the Wealthist Avoid Income Tax." Why do we pamper our Billionaires?

"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."

Scandalous. Unacceptable. As they say, "every Billionaire is a policy failure."  It is well past time for this  to be addressed. Massive income disparity and inequality is going to destroy us. Remember: It takes a Village to Create and to Baby a Billionaire.

BTW - Pro Publica is a public treasure, doing the hard, necessary work of investigative journalism. 

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