Bayan
01-16-2023, 12:33 AM
Jeff Bezos, Michael Bloomberg, Elon Musk and George Soros are household names. They are among the wealthiest people in the United States.
But a recent report by ProPublica has found another thing that separates them from regular Americans citizens: They have paid almost nothing in taxes.
Why does the U.S. tax system let that happen?
Guest: Jonathan Weisman (https://www.nytimes.com/by/jonathan-weisman?smid=pc-thedaily), a congressional correspondent for The New York Times.
Sign up here (https://www.nytimes.com/newsletters/signup/NTTD?smid=pc-thedaily) to get The Daily in your inbox each morning. And for an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter (https://www.nytimes.com/newsletters/the-daily?module=inline).
Background reading:
An analysis by ProPublica showed that from 2014 to 2018, the nation’s richest executives paid just a fraction of their wealth in taxes (https://www.nytimes.com/2021/06/08/us/politics/income-taxes-bezos-musk-buffett.html) — $13.6 billion in federal income taxes during a time when their collective net worth reportedly increased by $401 billion.
The exposé has refocused attention on the tax code (https://www.nytimes.com/2021/06/09/us/politics/propublica-taxes-jeff-bezos-elon-musk.html) and how it applies to the superrich.
For more information on today’s episode, visit nytimes.com/thedaily. (http://nytimes.com/thedaily?smid=pc-thedaily) Transcripts of each episode will be made available by the next workday.
أكثر... (https://www.nytimes.com/the-daily)
But a recent report by ProPublica has found another thing that separates them from regular Americans citizens: They have paid almost nothing in taxes.
Why does the U.S. tax system let that happen?
Guest: Jonathan Weisman (https://www.nytimes.com/by/jonathan-weisman?smid=pc-thedaily), a congressional correspondent for The New York Times.
Sign up here (https://www.nytimes.com/newsletters/signup/NTTD?smid=pc-thedaily) to get The Daily in your inbox each morning. And for an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter (https://www.nytimes.com/newsletters/the-daily?module=inline).
Background reading:
An analysis by ProPublica showed that from 2014 to 2018, the nation’s richest executives paid just a fraction of their wealth in taxes (https://www.nytimes.com/2021/06/08/us/politics/income-taxes-bezos-musk-buffett.html) — $13.6 billion in federal income taxes during a time when their collective net worth reportedly increased by $401 billion.
The exposé has refocused attention on the tax code (https://www.nytimes.com/2021/06/09/us/politics/propublica-taxes-jeff-bezos-elon-musk.html) and how it applies to the superrich.
For more information on today’s episode, visit nytimes.com/thedaily. (http://nytimes.com/thedaily?smid=pc-thedaily) Transcripts of each episode will be made available by the next workday.
أكثر... (https://www.nytimes.com/the-daily)