Quote from: trileacman on November 10, 2025, 09:31:39 PMLooks to be growth in Amazon/whatever other investments he would have yeah. Anything over 1 billion surely should be taxed to f**k. Who needs it.Quote from: Milltown Row2 on November 10, 2025, 08:45:59 PMQuote from: Armagh18 on November 10, 2025, 08:21:43 PMLads to quit arguing over semantics- long story short Trump, Musk, Bezos and the rest are a shower of pricks who screwed plenty of people over to get where they are and are benefitting from other peoples labour. They pay f**k all in tax and give even less of a f**k about me or you.
Stop defending them.
No one is defending them.. my brain hurts..
For the craic
Jeff Bezos' tax payments vary, with recent estimates suggesting he paid approximately $2.7 billion in tax for 2024 due to selling a significant amount of Amazon stock. Over a 2014-2018 period, his reported "true tax rate" was about 0.98% on nearly $99 billion in wealth growth, and historical reports note he paid no federal income tax in some specific years like 2007 and 2011.
I would like to know how that was calculated. If it's 99 billion growth in the value of his shares in Amazon business then it's wealth growth that isn't actually taxable. It's only taxable when he goes to sell those shares as that statement notes. Is there a difference in federal income tax and state income tax over in America? I always thought Texans paid no income tax?