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Jun 8, 2021
7:25:46pm
hitechcpa All-American
Propublica, another publication I can take off list of 'must read'.

Calculated 'True Tax Rate' as a function of taxes paid compared to overall wealth.  Uh no.  The proper calc is tax paid compared to income.  Using this proper method, we get the following:


 


Buffet          18%


Bezos          23%


Bloomberg     3%


Musk            31%


 


LOL Propublica


 


The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax — ProPublica

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Originally posted on Jun 8, 2021 at 7:25:46pm
Message modified by hitechcpa on Jun 8, 2021 at 7:26:26pm
hitechcpa
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hitechcpa
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