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Resource ID: #29038
Subject:Federal Income Tax
Source:Jesse Eisinger, Jeff Ernsthausen, Paul Kiel, Justin Elliott, James Bandler, Patricia Callahan, Robert Faturechi, Ellis Simani, Doris Burke, Agnes Chang and Lucas Waldron
Affiliation:ProPublica
Date:2021-12-07
$0.00
Description
was a historic scoop — the greatest trove of heretofore secret financial information on the ultrawealthy ever made public. In its first paragraphs, it revealed that two of the richest people in the world, Elon Musk and Jeff Bezos, had enjoyed years in which they paid no federal income taxes. That story, and those that followed in the series, posed urgent questions about the American tax system at a time when wealth inequality has become a national crisis: Are the wealthiest paying their fair share of taxes? The answer, based on copious evidence, was no.