Thanks to this law, Jeff Bezos and Elon Musk will (finally) pay their taxes - News Summed Up

Thanks to this law, Jeff Bezos and Elon Musk will (finally) pay their taxes


It followed that personalities such as Elon Musk, Jeff Bezos, or even Mark Zuckerberg paid derisory amounts, the rates of which were much lower than those paid by the average American. And the White House to specify: With this minimum tax, the wealthiest Americans will no longer be subject to a lower tax rate than teachers or firefighters “. Thus, no less than 360 billion dollars could be recovered over ten years, enough to partially finance Joe Biden’s recovery plan which amounts to 3500 billion dollars, reports The gallery. In detail, Elon Musk should pay 50 billion more taxes, while Jeff Bezos would have an additional 35 billion. If you have trouble evaluating the fortune of Elon Musk, you can also find this simulator which allows you to see more clearly.


Source: Washington Post March 30, 2022 23:03 UTC



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