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Non-Tech : Kirk's Market Thoughts

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Dec 5 9:30 AM EST

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To: TigerPaw who wrote (12304)

10/27/2021 12:56:50 PM

From: John Koligman

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I don't know how many have read that groundbreaking ProPublica article, but anyone looking at the numbers should realize these people are getting away with 'tax murder', and we need to change, drastically. Musk, probably now worth 250 billion, doesn't get dinged hardly at all? I personally think Elizabeth Warren was prescient with her proposals when she ran for President.

propublica.org

The Ultrawealthy by the Numbers

Wealth, income and taxes for four of the richest people in the country from 2014 to 2018.

Wealth GrowthTotal Income ReportedTotal Taxes Paid True Tax Rate

Warren Buffett Berkshire Hathaway Inc.	$24.3B	$125M	$23.7M	0.10%
Jeff Bezos Amazon.com Inc.	$99.0B	$4.22B	$973M	0.98%
Michael Bloomberg Bloomberg LP	$22.5B	$10.0B	$292M	1.30%
Elon Musk Tesla Inc.	$13.9B	$1.52B	$455M	3.27%

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