home.social

#taxdodgers — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #taxdodgers, aggregated by home.social.

  1. #Billionaires with $1 salaries – and other legal tax dodges the #ultrawealthy use to keep their riches

    Billionaires can enjoy growing wealth entirely free of income tax and reporting

    By Ray Madoff
    Published December 28, 2025

    Excerpt: "Elon Musk received a salary of $0 from Tesla in 2024. Jeff Bezos earns $81,840 a year of income, low enough to get the child tax credit, which he took in 2021. One of our higher-paid billionaires is Warren Buffett, and he only gets $100,000 a year in salary and bonus combined.

    All of these people are keeping their taxes down by keeping their salaries down. They are not avoiding compensation altogether, however, as they are well paid through the growing value of their stock. In 2024, Bezos’ wealth increased by $80 billion, Zuckerberg’s by $113 billion, Musk’s by $213 billion. Even better, they can enjoy this growing wealth entirely free of income tax and reporting."

    Read more:
    salon.com/2025/12/28/billionai

    #TaxTheRich #Billionaires #UltraWealthy #USPol #TaxDodgers #EatTheRich

  2. If the fine is lower than the taxes would have been, then it's little more than a time-delayed coupon. Jail executives until corporate crime is not commonplace.

    Morgan Stanley fined €101 million for avoiding Dutch tax - DutchNews.nl
    dutchnews.nl/2025/11/morgan-st

    #taxes #corporatetax #tax #taxdodgers #netherlands

  3. 🚨 BREAKING: The ultra-wealthy are apparently allergic to paying taxes and are fleeing the UK faster than you can say "offshore account." 🌍💸 The Wall Street Journal seems to have misplaced its article, much like the rich misplace their tax obligations. 📉🔍
    wsj.com/world/uk/the-u-k-close #ultrawealthy #taxdodgers #offshoreaccounts #wealthgap #taxevasion #HackerNews #ngated

  4. IRS Expects $50 Billion Return by Closing Loophole Exploited by the #SuperRich

    "Thanks to President Biden and Democrats in Congress, a well-funded IRS is closing a loophole to make the rich pay their taxes," said Sen. Elizabeth Warren.

    by Jake Johnson
    Jun 17, 2024

    "Sen. #ElizabethWarren (D-Mass.) applauded the IRS' step, writing on social media that the Biden administration is "right to end these shell games."

    "'The #superwealthy use complex #TaxSchemes to avoid paying what they owe,' Warren wrote. 'Thanks to President [Joe] Biden and Democrats in Congress, a well-funded IRS is closing a loophole to make the rich pay their taxes.'

    "IRS funding provided by the #InflationReductionAct—a Democratic measure unanimously opposed by the congressional #GOP—has allowed the agency to more aggressively pursue rich #TaxDodgers whose more complicated returns require greater resources to audit than those of working-class Americans, who were audited at a higher rate than millionaires under the #Trump administration.

    "Republican lawmakers are currently trying to slash IRS funding and scrap a free online tax-filing system that the agency launched this year. As The Hill reported earlier this month, House Republicans have proposed cutting IRS funding for fiscal year 2025 by $2.2 billion, specifically targeting enforcement resources.

    "The IRS estimated earlier this year that if Republicans don't succeed in rolling back funding increases, the agency could collect roughly $560 billion from big #corporations and rich tax cheats over the next 10 years."

    commondreams.org/news/irs-tax-

    #CorporateTaxCheats #TaxTheRich #CorporateTaxDodgers #TaxTheCorporations #BerniesList

  5. @carnage4life It doesn't take a business genius to be eager enough to cook the books.

    Intentionally bankrupting twitter as part of his business empire would also reduce his overall-owed tax burden, right?!

    #IRS #TaxFraud #AccountingFraud #TaxEvasion #TaxDodgers #TaxEvaders #TaxFraudsters #FairTaxation #MuskSucks #RottenBird

  6. #auspol
    ---
    RT @AusCommenter
    If you paid $31 in tax during the 2020/21 financial year, you paid more than ALL these multinational companies combined…

    $30 total income tax on BILLIONS of dollars income!

    Australia’s corporate welfare system in full swing.

    #AusPol #TaxDodgers #TaxTwitter
    twitter.com/AusCommenter/statu