Musk’s Billionaire $0 Tax Privilege

3 years ago
97

New story reveals Elon Musk and other billionaires dodging huge tax bills through loan repayment schemes while Democrats insist on raising taxes on the Americans that actually pay.​

🔵 ProPublica releases a bombshell report regarding the effective tax rates for billionaires revealing many pay a near zero percent tax rate. ​
🔵 The report explains how Elon Musk, Jeff Bezos, Warrant Buffett, Mark Zuckerberg and other ultra-wealthy individuals use loans and repayments to skirt tax laws. ​
🔵 Many of these ultra-wealthy are proponents of increasing taxes on the rich, which they know will have little impact on them. ​
🔵 Taxes are destructive.​

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