REVEALED: Billionaires Elon Musk and Jeff Bezos paid ZERO federal income tax some years, according to secret trove of IRS records from America’s 25 richest people
- The IRS records from the 25 wealthiest people in the United States were obtained by ProPublica and published on Tuesday
- The records show that Amazon founder Jeff Bezos paid no income tax in 2007 and 2011, while Tesla founder Elon Musk’s income tax bill came to zero in 2018
- Investor George Soros went three straight years without paying federal income tax, according to the records
- The report found that the richest 25 Americans pay less in tax – nearly 16 percent of adjusted gross income – than the average worker does
Billionaires Elon Musk and Jeff Bezos paid zero federal income tax some years, according to a trove of recently uncovered IRS records.
The IRS records from the 25 wealthiest people in the United States were obtained by ProPublica and published on Tuesday.
The records show that Amazon founder Jeff Bezos paid no income tax in 2007 and 2011, while Tesla founder Elon Musk’s income tax bill came to zero in 2018.
Investor George Soros went three straight years without paying federal income tax, according to the records.
The report found that the richest 25 Americans pay less in tax – nearly 16 percent of adjusted gross income – than the average worker does.
Amazon founder Jeff Bezos paid no income tax in 2007 and 2011, while Tesla founder Elon Musk’s income tax bill came to zero in 2018, according to IRS records obtained by ProPublica and published on Tuesday
ProPublica has not revealed how it obtained the tax data, only saying it was given to them in ‘raw form’.