Billionaires Pay Zero Tax on Wealth

Billionaires like Jeff Bezos and Elon Musk are paying zero federal income tax in some years—not because they’re avoiding it illegally, but because their wealth grows from unrealized stock gains, which aren’t taxed until sold. This loophole, accessible only to the ultra-wealthy, lets them legally dodge taxes on massive fortune growth, while everyday workers shoulder a heavier burden. Over four hundred billion dollars in wealth surged among the top 25 richest Americans between 2014 and 2018, yet they paid just over three percent in taxes on that growth—revealing a stark inequality that’s fueling public distrust and shaping urgent debates over tax reform. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/413a179167863607