How Billionaires Avoid Paying Taxes?

The Day Jeff Bezos Paid Nothing In 2007, Jeff Bezos, the founder of Amazon and one of the wealthiest men on earth, filed his tax return with the I.R.S. His official taxable income: zero dollars. Not only did he pay no income tax—he actually received a four-thousand-dollar refund, courtesy of the child tax credit. That … Continue reading How Billionaires Avoid Paying Taxes?