Several of the world’s richest people pay just little or even nothing in federal income taxes, according to an investigation conducted by ProPublica.
ProPublica, a non-profit investigative journalism organisation, reports that Jeff Bezos, chief executive officer of Amazon and world’s richest person, did not pay a penny in federal income taxes in 2007 and 2011.
Similarly, Elon Musk, Tesla CEO and world’s second-richest person paid zero federal income taxes in 2018.
Michael Bloomberg, the co-founder of Bloomberg L.P and former mayor of New York City, also skipped taxes…
