| ▲ | vessenes 6 hours ago | |||||||||||||||||||||||||||||||
Nope. Just not post things like "billionaires pay no taxes." | ||||||||||||||||||||||||||||||||
| ▲ | ceejayoz 6 hours ago | parent | next [-] | |||||||||||||||||||||||||||||||
They don't pay zero tax, for sure. But they certainly get clever about techniques to keep it as low as possible, for shockingly low effective tax rates. https://www.propublica.org/article/the-secret-irs-files-trov... has a whole bunch of examples. | ||||||||||||||||||||||||||||||||
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| ▲ | jmcmaster 6 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
The only reason he paid $11B that year was because he exercised Tesla options. Many other years his tax bill has ranged from zero to millions. | ||||||||||||||||||||||||||||||||
| ▲ | blanched 6 hours ago | parent | prev [-] | |||||||||||||||||||||||||||||||
What did he pay in previous years? To borrow a phrase, I’ll wait while you google it. | ||||||||||||||||||||||||||||||||