Tag: tax breaks for the wealthy
When you’re a billionaire, your hobbies can slash your tax bill
Thoroughbred horses, auto racing, massive ranches, luxury hotels. The hobbies and side businesses of the ultrawealthy create huge write-offs that can let them get away with paying little or no income tax for as much as a decade at a time.
Jeff Bezos, Elon Musk, and you. Which one pays taxes?
Leaked IRS data shows just how little billionaires pay in taxes.
New Analysis reveals how little the top .001% pay in taxes
“Looks like the biggest tax story of the year, if not the decade.”
Tax evasion and the 1%
“The richest 1% of U.S. households don’t report 21% of their income.”
“Liberals” need to nip this massive corporate tax break in the...
This tax-break not only lets the giant, multinational corporations get away with doing what Trump did, it hands them a huge, beautiful reward for doing it.