Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.
this post was submitted on 03 Feb 2026
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The issue afaik is that Jeff bezos's $200B is in assets like stocks, and the buy borrow die strategy of getting loans using assets as collateral lets rich people spend money without actually cashing in said assets which would trigger capital gains taxes. Idk how to stop this prevalent strategy but between that and the corporate tax system ignoring money that goes back into the company letting corporations invest their profits to ignore taxes that's why so few taxes are collected on those groups. Feel free to correct anything inaccurate.
It's called fiduciary duty
Wait what?
Oprah was a web dev back in her hippy days, and now her ex (Pope of her sect) wants her to man up and do her job.