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How The Rich Avoid Paying Taxes

Posted

May 17, 2021

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The more money you make, the more you have to pay in taxes, right? Not always. The ultra-wealthy typically take advantage of rules in the tax code which enable them to lower their effective tax rate. Warren Buffet has often pointed out that he pays less taxes than his secretary and Amazon famously paid zero taxes in 2018. So how exactly are the country’s biggest earners using the tax code to avoid paying taxes?

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How The Rich Avoid Paying Taxes

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Warren BuffetCNBC TVReality TVCNBC News Online GetFollow CNBCLinkedIn Follow CNBC NewsFacebook Follow CNBC NewsTwitter Follow CNBC News

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How The Rich Avoid Paying Taxes · CNBC Television · Sentinel