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instadw · 3 years
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The Chrissy Teigen-Courtney Stodden Bullying Controversy, Explained
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dailynewsprime · 3 years
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Elon Musk, Jeff Bezos, and Warren Buffett Agree: Paying Taxes Is for Poor People
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When Joe Biden unveiled his $1.8 trillion American Families Plan in April, one of many methods he proposed paying for it was by boosting the Internal Revenue Service’s finances by $80 billion, which the White House estimates will increase $700 billion over a 10-year interval by recovering taxes from individuals who‘ve wriggled out of paying Uncle Sam. Which, what with tax cheats being bad and the funding of things like child care being good, sounds like a worthwhile initiative. Another valuable exercise? Considering if it’s truthful that billionaires like Elon Musk, Jeff Bezos, George Soros, and Michael Bloomberg—most of whom earn more money throughout an episode of the Bachelor than most individuals make in a lifetime, and whose internet value dwarfs the GDP of dozens of small international locations—regularly, and totally legally, pay nothing in federal revenue taxes. As in zero {dollars} and zero cents. As in, take the sum of money they make in a 12 months and subtract nothing from it as a result of that’s how a lot they despatched the federal government. As in, if you happen to’re an individual who really works for a residing, you in all probability pay a better tax price than the man with the $175 million home and his personal rocket ship firm.Thanks to a trove of information obtained by ProPublica, we all know that Bezos paid nothing in federal revenue taxes in 2007 and 2011, whereas Musk paid nada in 2018. Read the full article
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