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Report that ultra-rich duck taxes spurs leak probe, while Dems press case for tax hikes

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The IRS has opened an investigation into apparently leaked tax documents showing that ultra-rich Americans like Amazon founder Jeff Bezos, Tesla CEO Elon Musk and business tycoon Warren Buffett paid very little or no taxes, while Democrats seized on the report to further their call for higher taxes on the wealthy. The revelations by ProPublica will undoubtedly put a sharp focus on the debate in Congress over raising taxes on wealthy people and revive calls for a “wealth tax” that supporters say would capture a greater amount of the assets…

The post Report that ultra-rich duck taxes spurs leak probe, while Dems press case for tax hikes appeared first on Technology Manias.

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