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Are you saying that when Bezos sells Amazon stock he's not paying capital gains tax?

• 101404 7y ago
  That wouldn't surprise me. There are probably entire companies working on nothing else but to reduce his taxes.
  • djjsjdjsjsjs 7y ago
    The tax rate is also low enough that if he does pay, it's not much. 15% total instead of the 30-40‰ I currently pay.
    • ansgri 6y ago
      40‰ = 4% < 15%
      • djjsjdjsjsjs 6y ago
        Oooo hey wow I have no idea why that character was entered, guess I typoed something on mobile with a long press. Weird :)
    • credit_guy 6y ago
      A nitpick: the long term capital gains tax for the top bracket is 20%, not 15% [1]. My guess is that Jeff Bezos is in the top bracket. [1] https://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States#Current_law https://en.wikipedia.org/wiki/Capital_gains_tax_in_the_Unite...
      • djjsjdjsjsjs 6y ago
        Oooo neato I never knew there was a tiering of rates like this-- probably because I haven't had a reason to find out XD thanks for the info