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25 richest Americans paid little to nothing in federal income taxes: Report

Billionaires like Jeff Bezos, Warren Buffett, Elon Musk and George Soros benefit from a complex web of loopholes in tax code.

Some of America’s richest people, including, from left, Jeff Bezos, Michael Bloomberg, and Elon Musk, avoided paying federal income taxes in recent years. (Photo: NYT)
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Some of America’s richest people, including, from left, Jeff Bezos, Michael Bloomberg, and Elon Musk, avoided paying federal income taxes in recent years. (Photo: NYT)

Alan Rappeport | NYT Washington
The 25 richest Americans, including Jeff Bezos, Michael Bloomberg and Elon Musk, paid relatively little — and sometimes nothing — in federal income taxes between 2014 and 2018, according to an analysis from the news organization ProPublica that was based on a trove of Internal Revenue Service tax data.

The analysis showed that the nation’s richest executives paid just a fraction of their wealth in taxes — $13.6 billion in federal income taxes during a time period when their collective net worth increased by $401 billion, according to a tabulation by Forbes.

The documents reveal the stark inequity in the

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