> I'd be really surprised to see a 0.1%-er (or 0.001%-er) post $0 income tax. Bezos did, in 2007. https://www.propublica.org/article/the-secret-irs-files-trov

> I'd be really surprised to see a 0.1%-er (or 0.001%-er) post $0 income tax. Bezos did, in 2007. https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax https://www.propublica.org/article/the-secret-irs-files-trov... > Consider Bezos’ 2007, one of the years he paid zero in federal income taxes. Amazon’s stock more than doubled. Bezos’ fortune leapt $3.8 billion, according to Forbes, whose wealth estimates are widely cited. How did a person enjoying that sort of wealth explosion end up paying no income tax? Or the President (now permanently immune from audit, incidentally): https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html https://www.nytimes.com/interactive/2020/09/27/us/donald-tru... > He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.