IRS Data Trove Shows How The Super Wealthy Pay Such Little Taxes: Report

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The super wealthy — including billionaires Jeff Bezos, Elon Musk and Michael Bloomberg — have skirted large amounts of taxes for years, according to a large trove of federal tax data obtained by ProPublica.

The 25 richest Americans’s wealth increased to a total of $401 billion while paying $13.6 billion, or just 3.4% of their wealth, in taxes between 2014 and 2018, according to the “secret” trove obtained by ProPublica.


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