A new reason Americans are getting leery of billionaire donors
- Written by David Campbell, Associate Professor of Public Administration, Binghamton University, State University of New York
Some extremely rich people are paying a much smaller share of their income on taxes than other folks.Nuthawut Somsuk/iStock via Getty Images PlusWarren Buffett, Elon Musk, Jeff Bezos and the rest of the 25 richest Americans paid very low federal income taxes from 2014 to 2018 even as they amassed wealth, according to Internal Revenue Service data...
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