Elizabeth Warren suggests Jeff Bezos is going to space at taxpayers' expense
Sen. Elizabeth Warren put Jeff Bezos on blast following a bombshell ProPublica report that found billionaires including the Amazon AMZN, founder have often legally avoided paying federal income tax by using loopholes in the system that favor the rich.
When TMZ asked the Massachusetts Democrat what she thought about Bezos announcing that he will be voyaging to the edge of space next month, Warren had this to say:
“ “Look, he’s laughing at every person in America who actually paid taxes. Jeff Bezos’s trip to outer space is being financed by all the rest of the U.S. taxpayers who paid their taxes so that Jeff Bezos didn’t have to. And Jeff Bezos kept all of his money and used it on a space ticket. Uh-uh.” ”
Warren was referencing a ProPublica report this week that analyzed confidential Internal Revenue Service data. (The IRS is now investigating the leak of tax returns.) It disclosed that ultrawealthy CEOs including Bezos, Tesla TSLA, founder and CEO Elon Musk, as well as Berkshire Hathaway BRK.B, chief executive and chairman Warren Buffett, have often sidestepped …
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