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You'd better believe he would certainly cash every cheque that comes his way. He once claimed $4000 tax credit for his children even when he wasn't entitled to,
by clort 4y ago
You'd better believe he would certainly cash every cheque that comes his way. He once claimed $4000 tax credit for his children even when he wasn't entitled to, see https://www.businessinsider.com/jeff-bezos-claimed-tax-credit-for-children-propublica-2021-6?op=1&r=US&IR=T https://www.businessinsider.com/jeff-bezos-claimed-tax-credi...
Of course he won't be doing anything so mundane personally, people like him will have teams whose job it is to squeeze every cent.
- hervature 4y ago> he wasn't entitled to He actually was entitled to it. His earnings in 2011 were below $100,000. I'm all for keeping people honest, but let's not lie.
- clort 4y agoOoh, his "earnings" See, in 2010 he was worth $12.6 billion. In 2011 it was $18.1 billion. Then in 2012 went up to $23.2 billion. These figures apparently come from Forbes, who calculate this stuff.. see https://www.therichest.com/lifestyles/jeff-bezo-years-earned-highest/ https://www.therichest.com/lifestyles/jeff-bezo-years-earned... I guess he didn't "earn" that money though.. so would definitely have been entitled to a benefit for folk who don't earn so much? My bad...
- Spivak 4y agoLook, I’m all down for a wealth tax but under our current system this doesn’t count for anything. If my house doubles in value from $200k to $400k I didn’t make $200k in income in the eyes of the tax man. The fact that the criteria for the payout was just income and not a combination of income and assets is the fault of the people writing the legislation.