In the United States over the past 15 years, 25 billionaires have paid a much lower income tax than they should have. ProPublica based on confidential data from the US IRS published the investigation.
In particular, among the 25 billionaires are Berkshire Hathaway CEO Warren Buffett, former New York Mayor Michael Bloomberg, Amazon founder Jeff Bezos and Tesla CEO Elon Musk.
Journalists compared the data of the US Tax Service with Forbes estimates of capital growth of each billionaire over a period of time.
As it turned out, the fortune of Elon Musk increased by $ 13.9 billion, while the declared income of the founder of Tesla amounted to $ 1.52 billion, of which the state lost only $ 455 million. Thus, the real tax rate of Musk was 3.27%, and in 2018 it and completely evaded taxes.
In turn, the wealth of Jeff Bezos from 2014 to 2018 increased by $ 99 billion, and he paid less than $ 973 million in income tax. The real tax rate was only 0.98%. In addition, in 2007 Bezos did not “pay a single cent of federal income tax”, and in 2011 received a subsidy from the state for $ 4 thousand.
At the same time, the head of the Berkshire Hathaway investment fund Warren Buffett replenished the treasury with $ 23.7 million in the same years, and his own wallet – by $ 24.3 billion. His real tax rate was 0.1%.
Finally, George Soros, who ranks 288th in the ranking of the richest people in the United States, did not pay taxes for three years in a row – from 2016 to 2018.
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In 2021, Russia’s Gazprom supplied 20.3 billion cubic meters of gas to Turkey, which is the maximum figure in less than nine months. This was reported by the company’s press service following a meeting of its chairman Alexei Miller with Turkish Minister of Energy and Natural Resources Fatih Donmez on Monday, September 20. At the […]
According to the updated data of the State Statistics Service, Ukraine’s GDP growth in the second quarter of 2021 was 5.7% in annual terms, which is 0.3% higher than the previous estimate. In particular, for six months the nominal GDP was UAH 1 trillion 169.4 billion, and per capita – UAH 28.19 thousand. Compared to […]
Exports of goods accounts for a third of Ukraine’s GDP.But we sell primarily raw materials abroad. It is a marker of underdeveloped countries and a path that does not contribute to economic development. Our state’s strategic task is to increase the exports of high-tech goods with high added value: that is, not just to grow […]
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Last week, on Wednesday, November 25, 2015 Andre Esteves, the founder of the Brazilian investment bank BTG Pactual, was taken into custody in the framework of an extensive investigation of bribery. It is known that large Brazilian construction firms are involved into the scandal and another defendant is a state oil company Petroleo Brasileiro SA. […]Next
The American company SpaceX will launch the first Starship spacecraft into Earth orbit, most likely in 2021. It said its founder Elon Musk, speaking at a video conference on the problem of human flight to Mars, according to TASS on Tuesday, September 1. Mask was asked when the first test flight of Starship into orbit […]Next
The President of Ukraine signed the agreement on association with the EU on September 16, 2014. It was what all country has aimed and waited for so long. However, what we have today ?Are the expectations met? We decided to talk about it within the weekly Analytics from LDaily heading this time. First of all, it will […]Next
The National Bank did not participate in trading on the interbank foreign exchange market this week, the regulator’s press service reports. In addition, the central bank did not go to the interbank market last week. Moreover, in the first two weeks of February, the NBU bought $ 200 million to curb the strengthening of the […]Next
Leaders of Yahoo have told that they refused from the realizing of the business to China’s Alibaba in the amount of $ 30 billion. The Company also thinks what they have to do with the Japanese peace of the business, which is estimated at $ 8.5 billion. (In the Japanese company they owns […]Next
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U.S. President Joe Biden on Thursday signed a decree banning Washington from investing in 60 Chinese companies that the White House says are undermining U.S. security. “This executive order allows the United States to ban investments in Chinese companies that undermine the security or democratic values of the United States and our allies,” the document […]Next
Ukraine is known as an active exporter of grain, ferrous metals and other raw materials. However, a smaller proportion of people know that we are also engaged in the export of diamonds, sugar, such as washbasins. Delo.ua source has published a list of countries that bought Ukrainian products most actively in the past 2016 year […]Next
According to Bloomberg, a source familiar with the situation, German manufacturer of sportswear and accessories Adidas AG is considering the possibility of selling its brand Reebok. “In the coming months, the company will decide whether to start the sale process,” the source said. According to the interlocutor of the agency, the internal assessment of sales […]Next
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According to the Investor`s news, in 2020, the volume of transactions worldwide mergers and acquisitions (M & A) totaled $ 1.97 trillion. The publication noted that major transactions between IT-companies account for almost one fifth of the total. According to the global data provider and stock market infrastructure Refinitiv, the volume of the deals of […]Next
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