Wondering how much do the Billionaires pay in taxes? This video might surprise you with the facts and tax planning.
As a matter of fact, Jezz Bezos, a multi-billionaire who runs an Amazon company paid no federal tax in 2009 and 2011.
Similarly, Elon Musk didn’t pay any income tax in 2018.
How Billionaires Pay Less Tax Than You
How much tax are you paying yearly to the government?
20%, 30% or 10% base rate.
And how much do the people who make 100 times your yearly income pays?
It might be surprising to you that Elon Musk, Jeff Bezos, Mukesh Ambani, Gautam Adani, and other Billionaires in the world pay less tax than you. Wow! But how?
Check out this video on how they save tax –
Video Source: BBC
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This post was last modified on December 17, 2021 11:16 AM