DiscoverThe DailyWhy Billionaires Pay So Little Tax
Why Billionaires Pay So Little Tax

Why Billionaires Pay So Little Tax

Update: 2021-06-157
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Jeff Bezos, Michael Bloomberg, Elon Musk and George Soros are household names. They are among the wealthiest people in the United States.

But a recent report by ProPublica has found another thing that separates them from regular Americans citizens: They have paid almost nothing in taxes.

Why does the U.S. tax system let that happen?

Guest: Jonathan Weisman, a congressional correspondent for The New York Times. 

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Why Billionaires Pay So Little Tax

Why Billionaires Pay So Little Tax

The New York Times