The People Who Pay No Tax are the World's Richest

ZERO contribution from the One Per Centers: World's richest man Jeff Bezos paid no income tax in 2007 and 2011 while the second richest Musk paid nothing in 2018, IRS records from America's richest reveal 

  • The IRS records from the wealthiest people in the United States were obtained by ProPublica and published on Tuesday 
  • The records show that Amazon founder Jeff Bezos paid no income tax in 2007 and 2011, while Tesla founder Elon Musk's income tax bill came to zero in 2018 
  • Investor George Soros went three straight years without paying federal income tax, according to the records 
  • Fellow investor Carl Icahn did not pay federal tax in 2016 and 2017 
  • The report found that the richest 25 Americans pay less in tax than the average worker does 
  • The median American household, in recent years, earned an average salary of about $70,000 and paid 14 percent in federal taxes per year 
  • Based on data from the 25 richest Americans, they collectively paid a true tax rate of 3.4 percent between 2014 to 2018 on wealth growth of $401 billion
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