More than 15 years of knowledge from the IRS exhibits that billionaires like Jeff Bezos, Elon Musk, and Warren Buffett pay little in revenue tax in contrast to their huge wealth – typically, even nothing.
RT’s Boom Bust talks to the host of Economic Update, Professor Richard Wolff, about how the wealthiest Americans are ready to work the system and keep away from paying their correct share of taxes.
“They don’t just work the system. They run the system,” says Wolff.
“They’re the ones who pay in the end through their subsidiaries for the very politicians who write the tax laws this way. When they say we abide by the law, they neglect to tell us that they’re the folk who shape the law,” he provides.
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