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Many wealthy Americans escape big income tax bills. Here's how they do it

CNBC
 2021-06-10

Cover picture for the articleSome of the world’s richest executives, including Warren Buffett, Jeff Bezos, Michael Bloomberg and Elon Musk, pay little to no taxes compared to their wealth, according to a ProPublica report. The reason for relatively low taxes is how the affluent earn and pay levies on investment income. These findings offer...

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