little if anything at all. we had to work for months on this to get it into a shape where we, you know, it was accurate and saying something clear. reporter: according to propublica s reporting back in 2007, his wealth increased $3.8 billion and paid nothing in taxes. neither did elon musk in 2018. not a penny from george soros from 2016 through 2018. it s an legal, thanks to u.s. tax codes, which focus more on wages, as opposed to investments, which are usually taxed at lower rates. that s something that billionaires like bezos can take advantage of, along with complicated tax loopholes and write-offs. pro publica says while the richest man s wealth grew $99
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biden administration says it s looking into the situation. any unauthorized disclosure of confidential government information by a person with access is illegal, and we take this very seriously. white house press secretary jen psaki also emphasized president biden s proposal to raise taxes on the wealthy for help finance spending plans. we know there is more to be done to ensure that corporations, individuals who are at the highest income are paying more of their fair share. ana, the super-rich are not like us. . that is eye opening. christine, thank you. propublica said it received no comments from bezos or musk s as for george soros, between 2016 and 2018, george soros lost
billion, he only paid $973 million in taxes at a rate of less than 1%. if you re jeff bezos on top of this wealth and getting richer by the day, that doesn t get transformed in income. you don t have to put it on your tax return until you sell your stocks, generally. for buffett, who has said in the past he favors raising taxes for the rich, his wealth grew by $24 billion, and the amount of taxes paid, $23.7 million or 0.1% of his wealth. huge dynastic wealth is not desirable for our society. according to propublica s analysis, the top it would take 14.3 million ordinary american wage earners to make that same amount of wealth. the i.r.s. and fbi are investigating this leak, and the
there s new reporting on all of these billionaires paying next to nothing in taxes, and jeff bezos even getting the child tax credit, and republicans won t touch taxes. how do they defend this? yeah, they are trying to cut a bipartisan deal and they said it s not being discussed among the handful of senators from both sides, and they are all confirming they are part of the talks and saying they are not going to discuss tax increases, and republicans say that s a red line they argue will stymie the economic recovery right now, and democrats negotiating say they would be amenable to look at other ways to pay for the massive infrastructure package, but the white house and the senate democratic leaders have thrown cold water on that, and so getting a deal is very difficult. it s hard to understand when