Does Jeff Bezos Pay Property Taxes

Does Jeff Bezos Pay Property Taxes This doesn t mean that Bezos himself as a private citizen doesn t pay any taxes on his personal salary It s assumed that he does CNN

WASHINGTON The wealthiest Americans including Warren Buffett Elon Musk and Jeff Bezos paid little in federal income taxes at times in recent years despite soaring Jeff Bezos Elon Musk Pay Almost Nothing A Pro Publica report on June 8 shed light on an issue that raised the eyebrows of many Americans the super wealthy don t pay any federal

Does Jeff Bezos Pay Property Taxes

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ProPublica s widely read ongoing in depth reporting on a vast trove of recently leaked Internal Revenue Service IRS documents revealed Gates s yearly property tax bill alone for this estate is 1 3 million Gates also owns five properties in California One is a 43 million 5 800 square foot beach house in Del Mar

ProPublica says it has seen the tax returns of some of the world s richest people including Jeff Bezos Elon Musk and Warren Buffett The website alleges Amazon s Mr Bezos Although the state s property tax rate averages 0 80 below the national average it does not compensate for the lack of income tax revenue

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Bezos who as founder of Amazon has become the world s richest person paid slightly less than 1 in ProPublica s true tax rate or 973 million on wealth growth of 99 Amazon CEO Jeff Bezos is reportedly paying 165 million for a palatial Beverly Hills mansion and according to SEC filings with that sum the Amazon founder could have footed the entire 2019

The report was based on 15 years of records obtained by ProPublica detailing taxes paid by the likes of Elon Musk Jeff Bezos Mark Zuckerberg Warren Buffet Carl Icahn and more For Making Miami his primary residence means Bezos will be dishing out less in property taxes which are 0 89 in the Sunshine State less than Washington s real estate

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This doesn t mean that Bezos himself as a private citizen doesn t pay any taxes on his personal salary It s assumed that he does CNN

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IRS Records Show Wealthiest Americans Including Bezos And Musk

https://www.seattletimes.com › business › irs-records...
WASHINGTON The wealthiest Americans including Warren Buffett Elon Musk and Jeff Bezos paid little in federal income taxes at times in recent years despite soaring


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Does Jeff Bezos Pay Property Taxes - According to a report from ProPublica some billionaires in the U S paid little or no income tax relative to the vast amount of wealth they have accumulated over the years The