Billionaires pay almost no tax in the US, but the question is who fled – 08/06/2021 – Nelson de Sá

“The most important story ProPublica has ever made,” described Richard Tofel, president of the organization, an “independent editorial staff” created 14 years ago and which has already received five Pulitzer Prizes.

With the illustration below, “extensive” US income reports from 2014 to 2018 “show billionaires like Jeff Bezos, Elon Musk, and Warren Buffett pay little tax for their immense wealth.”

Several “have paid no tax for years – George Soros three times, Bezos and Carl Icahn twice, Musk and Michael Bloomberg once. Within a year, Bezos even claimed a $ 4,000 child tax credit. “.

ProPublica echoed in headlines such as “Richest Americans Paid Little or No Income Tax” in the New York Times and “Bezos, Buffett & Co. Paid Little to No Income Tax” income “in the German Frankfurter Allgemeine Zeitung.

It was different in the Financial Times and especially in the Wall Street Journal. “United States investigates leak showing billionaires pay little tax,” headlined the first.

At the WSJ, “IRS [a Receita] investigation into the disclosure of tax information of wealthy Americans. “Without saying what it is, he pointed out, the director of the IRS, which was” confidential information, and there are penalties penalties for an employee who discloses “.

He also questioned the value of the report, saying it was “a controversial but well-known feature of the U.S. income tax system – that people can accumulate significant wealth as you go. as their business grows, but report relatively little income if they don’t sell stock or receive dividends.

ProPublica’s “25 richest” list includes Rupert Murdoch, owner of the WSJ.

NYT CALLS TO CONGRESS

In response to the Joe Biden administration’s “covert process” to find sources for his reporting, the NYT returned to search for allies, now in an op-ed: “It is imperative that Congress pass legislation to protect journalists from the revelation of their sources. “

KAMALA HARRIS FIRES FIRE

While touring Latin America, Biden’s deputy threatened immigrants (“Don’t come”) and is now even interviewed by NBC, face to face. And he heard the harshest response from MP Alexandria Ocasio-Cortez, recalling:

“The United States has spent decades contributing to regime change and destabilization in Latin America. We can’t help but burn down someone’s house and then blame them for running away.

In contrast, the leader of the Italian far right, Matteo Salvini, began to defend her against “left” criticism.

EVANGELICAL SCANDAL

The new edition of The New Yorker magazine covers at length “The murder that scandalizes the Evangelical Church in Brazil”, listening to MP Flordelis and Minister Damares, among others, portray “a movement that is reshaping Brazil, by merging politics, religion and entertainment “.

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