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IRS documents show Bezos, Musk and Buffett pay almost no taxes 

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Here's a good one. Jeff Bezos, Michael Bloomberg, Warren Buffett and Elon Musk all walk into the IRS. But none of them, in various years, seem to have paid federal income taxes.
Or how about this one: The rich get richer ... because they don't always pay their fair share into the community chest.
This is US tax law. And now we have a map of how the wealthiest people exploit it thanks to a bombshell report from ProPublica, the investigative journalism nonprofit, which claims to have obtained years of tax returns for the wealthiest people in the country from an anonymous source. Read it here.
Its first report (it promises more to come) is on the richest of the rich, who in certain years claim losses that can wipe out their income tax bills. This should sound familiar; former President Donald Trump did the same thing.
But that doesn't mean it shouldn't be a scandal that Bezos, the richest person on Earth -- who has used his vast wealth to start a spaceship company that will take him into space, where he will also be the richest person -- has in multiple recent years told the federal government he owed no income taxes, according to ProPublica.
ProPublica also reports that Musk, the second wealthiest human on Earth, whose wealth has grown many billions in recent years and who also has a passion project space company, told the government he owed no income tax in 2018.

Read ProPublica's full report here: bit.ly/3zeSAyH

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9 Qer 2021

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CNN
CNN 14 ditë më parë
Read ProPublica's full report here: bit.ly/3zeSAyH
A Casper
A Casper 7 ditë më parë
Attn: GOOGLE, Twitter, Facebook, & ALdesk: I agree with whatever the approved opinion on this subject is. Please don’t cancel me or get me fired. Whatever you tell me, I will be obedient. I will obey
Chi Chu
Chi Chu 9 ditë më parë
@Oakley Moodie Yes,always in the Republican Party side running our government does always in favors for those biggest corporations and the richest 1% Americans people voters a lots.The richest 1% Americans people voters already have a lot benefits many from the government by those Republican Congress members.The richest 1% Americans people voters.They have the best lobbyists/lawyers/taxes Accounts.They knew all the taxes codes laws loopholes,so they can exploiting from it all they can.
Mary Purcell
Mary Purcell 9 ditë më parë
sprayingmycannon because we live in a capitalist society. Not jobs for everyone. What are they suppose to do? Oh, I know, they can rob u. And when they do u can cut there hand off like they did in India. They can just die in the street of hunger. That would be a nice sight. Where would be so be if no one used is business. How much money does one person need? What a dick
Chi Chu
Chi Chu 10 ditë më parë
The damned taxes codes in America are only designed for taxing people that whom are working and earnings a salary for a living.The damned taxes codes are not designed taxing for the richest American that are already in wealths.That why those richest people have alot of stocks in their companies or corporations only.They’re only paying in taxes are deductions for theirs stocks earnings in stocks loses or in Capital Gain taxes.That why those wealthiest American are paying barely nothing in their taxes.
Kohl Linden
Kohl Linden 11 ditë më parë
We need more illegals because we have no workers illegals get a lot of free money from the us to and I don’t wanna work either but they’ve lived a hard life and they deserve it.
CheckMattK
CheckMattK 53 minuta më parë
She said “ US tax codes focus on wages not investments “ maybe poor people should too fucking idiots
alex black
alex black Ditë më parë
These are the same people that want open borders so they can pay as little as possible.
Henry Airconcepts
Henry Airconcepts Ditë më parë
Newsflash: The riches pay less taxes since capitalism was invented
The Jaguar God
The Jaguar God Ditë më parë
if you had stormed the IRS all of america would've been with them but noooo they won't do that. hmmmmm interesting. whom was really behind the capitol riots???????
Mesheck Theri
Mesheck Theri Ditë më parë
I wonder if every American stopped paying tax what really would the IRS do but worry not here in Kenya we have the damned KRA we pay through the itax system and you guessed it politicians and billionaires don't pay taxes and employees from KRA are not allowed to join unions and are required to sign a non disclosure form, contract don't recall. This means should anything shady happen, even whistleblowing on it is illegal even when it is reporting on large scale malpractice politicians have been reporting losses for companies they own for decades.
mark twine
mark twine 2 ditë më parë
Thanks to Democrats
Bobby Foret
Bobby Foret 3 ditë më parë
Don’t hate the player, hate the game
Thecontrerasfamily
Thecontrerasfamily 3 ditë më parë
wtf.... WHYYYYYY is this still happening.
Ivan Page
Ivan Page 5 ditë më parë
Rob the poor give to the rich smh
Thomas Pablo
Thomas Pablo 6 ditë më parë
Wow, U.S. is worst than any other countries in the world. What is the IRS doing? My goodness gracious.
Aria Gerald
Aria Gerald 6 ditë më parë
Putting it all in stocks
Dennis Andrew Cuomo
Dennis Andrew Cuomo 6 ditë më parë
Trumps pays no taxes.
Isaiah Gere
Isaiah Gere 6 ditë më parë
People forget that these rich men don’t actually have these billions, it’s their net worth and most of it is stocks and shares prices. For example, If I have Tesla shares of 10 million and the share worth increases to say 100million dollars, it doesn’t mean I have the 100 million, it’s just my worth. You can’t tax me on that because the shares worth might fall to 5million in just a day
Idid Yermom
Idid Yermom 7 ditë më parë
CNN couldn't tell the whole story if it was explained to them by a monkey with pictures. They have zero journalistic integrity. ZERO!
Matthew Robert
Matthew Robert 7 ditë më parë
One of the main reasons I voted for Biden is his tax promises and so far he's doing quite a good job with it. I just hope he can expand the IRS and dramatically change the US tax laws so loopholes get fixed. A monunmental hope but it's better than not doing anything about it. It's a disgrace that we have families living below poverty levels while we have billionaires hoarding wealth they couldn't spend in 2 lifetimes.
A Casper
A Casper 7 ditë më parë
Attn: GOOGLE, Twitter, Facebook, & ALdesk: I agree with whatever the approved opinion on this subject is. Please don’t cancel me or get me fired. Whatever you tell me, I will be obedient. I will obey
Niki Saraswati
Niki Saraswati 7 ditë më parë
Yes. You will not be jobless.
joey sausage
joey sausage 7 ditë më parë
Lol! Dr Evil 'book sale boy' and commi boy george the far left golden Boys are NOT PAYING THEIR FARE SHARE!
Guri Singh
Guri Singh 7 ditë më parë
I paid $11,000 in taxes due from 2010 over 8 years. IRS got every penny of it. What you might think i did with that $11,000. I gifted it to my old relatives. I suck, i should have not done that. Gifting to non profit is tax deductible but gifting to older family members is not.
Guri Singh
Guri Singh 7 ditë më parë
So the person leaking is the thief?
King Damon
King Damon 7 ditë më parë
Get your millions up and you won’t pay either. IRS really goes hard on the average person billionaires not so much 🤷🏾‍♂️
August Rush
August Rush 7 ditë më parë
Well, WHAT WILL THE BIDEN ADMINISTRATION DO? Like “Joe Biden”could explain. (Anything).
Goat on Molly
Goat on Molly 7 ditë më parë
You can't take this money to the grave just pay taxes like the rest of us 😐
Richard Phillips
Richard Phillips 7 ditë më parë
they still pay taxes just not until they sell there stocks...... makes sense to me.
Kiwana Cabrera
Kiwana Cabrera 7 ditë më parë
Warran Buffet gives away most of his money, but as for the other two, WE are the ones making them rich, yet we complain. It's all sick, but we made our bed so...
Jeradiah Williams
Jeradiah Williams 7 ditë më parë
Meh..........Why are we surprised?!?!?
Howard Shoaff
Howard Shoaff 8 ditë më parë
Come on IRS LETS GET IT TOGHTHER‼️‼️
phillip hanna
phillip hanna 8 ditë më parë
Is this really news we already know
Leonard Washington
Leonard Washington 8 ditë më parë
Why aren't the Dems criminally investigating Bezos then? They're trying to nail Trump with exact same thing. Oh that's right, he's a big Democrat donor so he gets a free pass of course.
Another Agnostic
Another Agnostic 8 ditë më parë
We live in an Oligarchy.
Another Agnostic
Another Agnostic 8 ditë më parë
Eat the rich
The Southside Trader
The Southside Trader 8 ditë më parë
CNN has weird dumb journalists, are they really speaking about the wealthy not paying tax before doing thorough research on how those people contribute to the nation's economy Smh, then they say fox news is the bad guy
MYL-CREATE
MYL-CREATE 8 ditë më parë
Give Warren Buffett a break. Dude is frugal AF. AND he's giving away 99% of his wealth. He's also 90 years old! Wait a couple years will ya. Jeez. Every body complaining till they become rich themselves.
Demon Best
Demon Best 8 ditë më parë
How greedy can u be? And the government more upset about the leak? How tone deff can u be
Demon Best
Demon Best 8 ditë më parë
And nothing will happen
Jane Haefner
Jane Haefner 8 ditë më parë
Leak CNN employees next!!!!
Cassie
Cassie 8 ditë më parë
I make less than 6 figures and pay almost 30% in taxes because I'm single with no kids and no property. These guys should pay the same percentage as me ... middle class worker...
ShredderTainment
ShredderTainment 8 ditë më parë
How upsetting! This place is so fucked up!
Greg Teets
Greg Teets 8 ditë më parë
No kidding a you people stupid or what it has always been that way and always will if you believe it will ever be anything different you are a fool for sure
austin jerome
austin jerome 8 ditë më parë
And then people think that Biden is right in raising capital gains tax. He's a bought president, he won't do anything that would effect the .01%
Tenench Johnson
Tenench Johnson 8 ditë më parë
Politicians made those tax laws
Walk
Walk 8 ditë më parë
Not sure if Jeff bezos really needed that $4,000 child tax credit 🤦🏽‍♂️WTF
Danielle Woodbury
Danielle Woodbury 8 ditë më parë
Losers!!!
Walk
Walk 8 ditë më parë
Let's be honest this is nothing new...🤦🏽‍♂️
tony moore
tony moore 8 ditë më parë
translations! CNN: you forgot to say they done it legally, according to Irs rules, tax credits and legal loopholes...
David Mateo
David Mateo 8 ditë më parë
They're rich what do you expect...
Natalie Wilson
Natalie Wilson 8 ditë më parë
Paying taxes is for the little people that struggle. The peasants.
Merc King
Merc King 8 ditë më parë
filed 47 days ago nothing
Ken Lopez-Maddox
Ken Lopez-Maddox 8 ditë më parë
#pentagonpapers
Mena Skywalker
Mena Skywalker 8 ditë më parë
Meanwhile after taxes retirement and health insurance 35 percent of my paycheck is gone 😂😂😂
Will Sas
Will Sas 8 ditë më parë
Old news.
Yvonne Reid
Yvonne Reid 8 ditë më parë
Well they are paying millions of dollars in taxes so it's not like they are paying absolutely nothing.
Jay Moto
Jay Moto 8 ditë më parë
I LOVE CNN... But this $98 billion is not gross or earned income... if Bezos paid $1 billion, that actually seems semi-correct!!!! for the earned income. NO INCOME = NO TAXES. This is FAIR. THERE IS NO PARTISAN DIVIDE ON TAXING WEALTH. WEALTH TAX IS DEATH TAX and that is good enough. What is criminal is on your tax return to report millions or billions in INCOME but still near 0 taxes. That is illegal, fishy, unethical, tax loopholes, etc. That's what Trump does.
D. Hernandez
D. Hernandez 8 ditë më parë
People also wouldn't complain so much about who pays what if they understood tax codes and laws like these individuals do. They pay people to help them find the best legal loopholes. Donations are tax deductible, certain business investments are tax deductible dependent on specific criteria.
D. Hernandez
D. Hernandez 8 ditë më parë
Who did they donate political money too?
walkabout
walkabout 8 ditë më parë
messed up how the average working folks like me pay more in taxes than these guys. then they have the audacity to say that they don't believe in raising the minimum wage or to a living wage.
Juan Murphy
Juan Murphy 8 ditë më parë
MAKING $$$ HERE ➡️ ok.me/f3yg !💖🖤❤️#今後は気をライブ配信の再編ありがとうです!#この日のライブ配信は、#かならりやばかったですね!#1万人を超える人が見ていたもん(#笑)#やっぱり人参最高! #まさかのカメラ切り忘れでやら1かしたのもドキドキでした #今後は気をライブ配信の再編ありがとうです! #この日のライブ配信は、 #かならりやばかったですね! #1万人を超える人が見ていたもん( #笑) #やっぱり人参最高! #まさかのカメラ切り忘れでやら1かしたのもドキドキでした #垃圾
Pip Huntington
Pip Huntington 9 ditë më parë
George Soros gets the pass for a losing portfolio. Besides he's a trading legend and well known philanthropist, having given away double what hes currently worth. Worth 8.6 billion, has given away 16.8 billion in his life, mainly focused on racial justice and social change like marijuana legalization.
Bill Moody
Bill Moody 9 ditë më parë
Multi-billionaires pay no federal taxes, and working class people pay taxes through the nose. No wonder people don't want to go back to work.
IronVader75
IronVader75 9 ditë më parë
Drain the swamp, tax the billionaires.
Your Roasted Terry Flaps
Your Roasted Terry Flaps 9 ditë më parë
God help us and punish those with almost godlike power like musk and bezos
Weed Man
Weed Man 9 ditë më parë
If ya goin take from the poor take from them bitchs
Shikhar Dawadi
Shikhar Dawadi 9 ditë më parë
time to turn communist
Florida Man
Florida Man 9 ditë më parë
yet they created thousands of jobs
Ixmal Yush
Ixmal Yush 9 ditë më parë
It's wiered
Liam Gallagher
Liam Gallagher 9 ditë më parë
1:20 Wow, CNN actually mentioned their owner?
leisel
leisel 9 ditë më parë
This is so embarrassing and infuriating They forgot to mention they get back millions in tax refunds
AB_____HI
AB_____HI 9 ditë më parë
George Carlin knew it all 😭
Stephen Gushure
Stephen Gushure 9 ditë më parë
Yet Biden is president and Kamala Harris is deputy president.
J austin my fit, fun, and family vlog
Because investments makr more jobs. More taxes you pay, the lest jobs that you can create.
ackc1204
ackc1204 9 ditë më parë
Lol....such things already going for many years. Maybe next President will say the same thing again that they are looking into this. They should might as well charge a "Charity Tax" on billionaires of 20% on their asset.
we mo
we mo 9 ditë më parë
Tax revolt. Go to your HR department, fill out a new I9, file exempt until they fix the problem.
Mec The Great
Mec The Great 9 ditë më parë
Sad part is people think this is capitalism... Tax codes should support and benefit a supply & demand structure the most.
Oseghale Okoyomon
Oseghale Okoyomon 9 ditë më parë
I really believe these loopholes in the American financial system were created on purpose by politicians to favor their donor friends to fund their campaigns!
jamviator
jamviator 9 ditë më parë
How's long has Bernie and other progressives been saying this?
QuangtumGamplay
QuangtumGamplay 9 ditë më parë
the fbi going to crack down whoever leaks this info and we will never hear anything
existentialvoid
existentialvoid 9 ditë më parë
It’s our fault for not writing a good tax code. All of us try our best to pay as little as possible - they just do it better.
QuangtumGamplay
QuangtumGamplay 9 ditë më parë
the rich should pay more tax, and the poor pay less tax
Abdul Fletcher
Abdul Fletcher 9 ditë më parë
Bezos, Musk, and Buffet have nothing to do with this. The tax code is to blame.
Donald Turner
Donald Turner 9 ditë më parë
CNN anchors should always keep their hands where the viewers can see them during these telecast.
ni lu
ni lu 9 ditë më parë
Billionaires are modern slave owners.
JSN723
JSN723 9 ditë më parë
Yep. Yang said this during his big for Presidency and wanted to do something about it.
Lene Ring
Lene Ring 9 ditë më parë
The true American freeloaders are billionaires and millionaires.
Richard 303
Richard 303 9 ditë më parë
I am rich and pay no taxes. Why should I? I don't want to pay for war.
Aria Nabati
Aria Nabati 9 ditë më parë
Lets get super rich then! Fuck all the hate
Jim X
Jim X 10 ditë më parë
the solution is not sexy and not good for sound bite. crush dynastic wealth. warren buffet is 100% correct. when children and grandchildren of billionaires inherit ungodly amounts of money they use their wealth in a way that often leads to the opposite of what makes usa great. anyone who tries to raise the bar making it harder for others to be a billionaire is evil and bad for society, think standard oil
Jim X
Jim X 10 ditë më parë
btw, wealth tax is silly. also if u tax people on unrealized gains, again silly. do these 2 things and u will cause a great depression. u are journalists and i am an accountant so trust the “science”. the fix is simple but media and corrupt politicians controlled by these wealthy wont fix the problem, instead make problem worse to teach working class a lesson.
Jim X
Jim X 10 ditë më parë
this is juicy !!! my money is on biden going after the leakers of info and not taxing the billionaires. biden says tax the rich and smoke and mirror tax raised for ordinary income only. I am all for keeping capital gains low but it can’t be half the rate of ordinary income. we need to lower ordinary income tax, top rate should be 29%. how is the sweat and blood of those building our country that much less valuable then an investor. Solution is very easy. soak the rich after they die via estate tax and limit how much they can put into a trust to pay zero tax - fav tax shelter of rich. the ultimate solution is a flat tax but that won’t happen cuz too much special interest money. i am an accountant so it would hurt me but i love my country and fellow citizens more than a few extra silver coins.
Jim Fisk
Jim Fisk 10 ditë më parë
Aren't their wealth increases mainly from unrealized stock gains? Nobody whether you're rich or poor pays tax on stocks that go up until you sell.
MrStaybrown
MrStaybrown 10 ditë më parë
We had an employee claim exempt all year and then tried to have the company pay his taxes!! 😅🤣😂 Earned income status trying to muscle a large company! 😆😂🤣
Emily C
Emily C 10 ditë më parë
Arizona audit finds 200,000 ballots don’t exist. Biden “won” Arizona by 10,000
Patrick Capote
Patrick Capote 10 ditë më parë
You are either pro-capitalism (in its current state) or pro-socialism/pseudo-socialism...whatever you wanna call a fair societal distribution of wealth. You cannot rile against socialism and in the same breath complain when filthy rich people don't pay tax LEGALLY under a "capitalist" system. You know...the 'grab it if you can' kinda system. You'd be delusional if you did. Like Eminem would say... yall too far from Bezos' radar to hear yall, by the time he replies, yall would have paid more tax than he has in the same time he took to reply. Just suck it up and carry on. Or change somat.
Dr. Mario
Dr. Mario 10 ditë më parë
This is nothing new, all millionaires pay little to no taxes at all.
Lil
Lil 10 ditë më parë
That's fucked up
Jonathan Jollimore
Jonathan Jollimore 10 ditë më parë
If most of you guys don't pay you go to jail think about that for a second. Two sets of rules one for normal people and one for those with the money to buy political power
Tina Scott
Tina Scott 10 ditë më parë
Congress passes the tax laws that have been written for them by lobbyists who represent the millionaires and billionaire, plus most of congress are millionaires themselves, so they're actually writing tax laws that benefit them as well, especially millionaire Mitch McConnell and most of the Republican party, no taxes paid to the government, less money for social programs and helping the poor
Sharon Eicher
Sharon Eicher 10 ditë më parë
This isn’t new. We’ve know this is how tax deductions, tax on capital, and write offs work. The tax code is a mess. Glad this is getting attention, but there’s nothing new here.
Dj Chubbi the Cheka
Dj Chubbi the Cheka 10 ditë më parë
This info has released and still no one in the position of power will not do a damn thing, the concern is always “ who told” not fix the issue. Point the finger and never repair the issue.
Nimeni Altul
Nimeni Altul 10 ditë më parë
It makes sense to me. You buy a share for 70$.. then price go to 700$. whu should you pay taxes if you will not sell it? one day it can fall back to 20$. if stocks will crash then investors would have to pay more taxes then the actual share prices.
BL4KBOLT-300
BL4KBOLT-300 10 ditë më parë
And now the government and IRS is pissed off at the person leaking the information.. and not the fact that the Millionaires/Billionaires are exploiting the "Legal loophole."
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