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La Crosse Municipal Transit Utility
La Crosse, Wisconsin
12:58 P.M. CDT
THE PRESIDENT: Good afternoon. Thank you, Laurie. Please, please, please sit down. I once said that to a big crowd; it was in the evening. I said, “Please, sit down.” And there were no seats. They were out in a football field. (Laughter.) And the press pointed out, “Biden is losing it.” (Laughter.) Well, I can see you all have seats. (Laughter.)
Laurie, thank you very much. I told Laurie, when she was showing me the bus she’s driving now: Back when I was in law school, I drove a school bus during the summers to pick up spending money. And from one bus driver to another, Laurie, I want to thank you for all you do to make this city run, to help folks get where they need to go. And you do it in a way that sometimes is not always easy.
Jesse Eisinger, Paul Kiel and Jeff Ernsthausen
ProPublica
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In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person in the world, also paid no federal income taxes.
Michael Bloomberg managed to do the same in recent years. Billionaire investor Carl Icahn did it twice. George Soros paid no federal income tax three years in a row.
ProPublica, the investigative newsroom, has obtained a vast trove of Internal Revenue Service data on the tax returns of thousands of the nation’s wealthiest people, covering more than 15 years. The data provides an unprecedented look inside the financial lives of America’s titans, including Warren Buffett, Bill Gates, Rupert Murdoch and Mark Zuckerberg. It shows not just their income and taxes, but also their investments, stock trades, gambling winnings and even the results o