Should BILLIONAIRE$ pay less tax than YOU?

Someone in the American IRS leaked to Propublica:

  • Warren Buffett ~ 0.10% true tax rate
  • Jeff Bezos ~ 0.98% true tax rate
  • Michael Bloomberg ~ 01.30% true tax rate
  • Elon Musk ~ 3.27% true tax rate

What’s your true tax rate?

American politicians write complicated tax laws which result in loopholes used by the richest donors.

BUT — can it be fixed?

The best summary of the issue I’ve seen is the second podcast in this list.

A War Within the War: Israel’s Bombardment of Lebanon The Daily

With the world’s attention on the U.S.-Israeli war with Iran, a second front in the conflict has opened in Lebanon. Israel has pummeled an area in the southern outskirts of Beirut where Hezbollah holds sway, as well as southern Lebanon, with airstrikes, displacing almost one million people. Israel has also expanded its assault into other parts of Beirut, the capital. Christina Goldbaum, The New York Times’s bureau chief in Beirut, explains how the crisis in Lebanon connects to the broader war, what Israel hopes to achieve and what people in Lebanon fear might come next. Guest: Christina Goldbaum, The New York Times’s bureau chief in Beirut. Background reading:  Strikes are haunting displaced families in Lebanon. Displaced people in the country are facing cold streets and an uncertain future. Photo: David Guttenfelder/The New York Times For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
  1. A War Within the War: Israel’s Bombardment of Lebanon
  2. The Sunday Daily: To Save His Life, Our Food Critic Reset His Appetite
  3. 'The Interview': How Tragedy, Wealth and Trump Shaped JB Pritzker
  4. The Case of Kristie Metcalfe
  5. The U.S. Errors That Led to the Airstrike on an Elementary School

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