The 25 richest Americans have an effective federal tax rate of 3.4% when you include passive income/unrealized capital gains. You piss and moan about Bezos and his power, yet you will go to war to keep from raising his (and my) tax rate. WTF?
The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax
ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.
www.propublica.org