Warren Buffett Paid 0.1% Tax in Five Years.
4 min readJun 9, 2021
Jeff Bezos paid 0.98%, Michael Bloomberg paid 1.3%, and Elon Musk paid 3.27% in income taxes as a share of wealth.
The 25 wealthiest Americans paid $13.6 billion in federal income taxes over a five-year period in which their collective wealth expanded by $401 billion. That’s the equivalent of someone who makes $68,903 annually paying a federal income tax of $2,336, way less than the…
