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Ria Ellendula | How the elite avoid taxation, and what we can do about it

(08/05/22 9:05pm)

Elon Musk. Jeff Bezos. Michael Bloomberg. Warren Buffet. These tycoons of the 21st century have revolutionized the world of tech, finance, and beyond. Their pursuits have brought them more than just notoriety, amassing them astronomical fortunes and branding them as the world’s wealthiest. However, their commonalities do not end at their ultra-wealthy status. Aside from their claim to fame, they have paid next to nothing in federal income taxes.