Elon Musk and Jeff Bezos paid zero revenue tax some years, IRS information present


REVEALED: Billionaires Elon Musk and Jeff Bezos paid ZERO federal revenue tax some years, in keeping with secret trove of IRS information from America’s 25 richest individuals

  • The IRS information from the 25 wealthiest individuals in the USA had been obtained by ProPublica and revealed on Tuesday 
  • The information present that Amazon founder Jeff Bezos paid no revenue tax in 2007 and 2011, whereas Tesla founder Elon Musk’s revenue tax invoice got here to zero in 2018
  • Investor George Soros went three straight years with out paying federal revenue tax, in keeping with the information 
  • The report discovered that the richest 25 People pay much less in tax – practically 16 % of adjusted gross revenue – than the typical employee does 

Billionaires Elon Musk and Jeff Bezos paid zero federal revenue tax some years, in keeping with a trove of not too long ago uncovered IRS information. 

The IRS information from the 25 wealthiest individuals in the USA had been obtained by ProPublica and revealed on Tuesday. 

The information present that Amazon founder Jeff Bezos paid no revenue tax in 2007 and 2011, whereas Tesla founder Elon Musk’s revenue tax invoice got here to zero in 2018.

Investor George Soros went three straight years with out paying federal revenue tax, in keeping with the information. 

The report discovered that the richest 25 People pay much less in tax – practically 16 % of adjusted gross revenue – than the typical employee does. 

Tesla founder Elon Musk's income tax bill came to zero in 2018, the records show

Amazon founder Jeff Bezos paid no revenue tax in 2007 and 2011, whereas Tesla founder Elon Musk’s revenue tax invoice got here to zero in 2018, in keeping with IRS information obtained by ProPublica and revealed on Tuesday

ProPublica has not revealed the way it obtained the tax knowledge, solely saying it was given to them in ‘uncooked kind’. 

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