Anonymous #1 1d

correction, billions* (if we look at their contributions as a collective)

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Anonymous #2 1d

“In 2025 Tesla, received over $1.1 billion in federal income tax breaks from American taxpayers last year alone. Tesla’s annual financial report, released this morning, shows the company enjoyed almost $5.7 billion of U.S. income in 2025—almost doubling the $2.98 billion the company enjoyed in 2024—on which it reports precisely zero current federal income tax.” -article by the Institute of Taxation & Economic Policy

20

Anonymous #3 1d

“Four of the corporations whose CEOs flanked President Trump at his January 2025 inauguration ceremony have now disclosed that they collectively received $51 billion in federal tax breaks in 2025, much of that likely from the so-called One Big Beautiful Bill Act (OBBBA) that was signed into law by Trump over the summer.” - Another article by the ITEP

19

Anonymous #3 1d

“In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011.” -article by Pro publica I could go on forever but u get the idea

17

Anonymous #4 1d

Yes LMAO

12

Anonymous #5 1d

lmao😂 so they use falsified SSNs or other means to pay taxes even though they could totally get away with avoiding federal taxes yet they would NEVER illegally vote in an election. cool.

-2

Anonymous #4 1d

They use ITINs—individual taxpayer identification numbers. How are you so confidently wrong

14

Anonymous #3 1d

A corporation is not an individual. Corporate taxes were never being paid by CEOs. Corporate taxes are just a hidden sales tax. The tax incidence falls on consumers and employees more generally.

-1

Anonymous #3 1d

You can highlight years in which Bezos had no taxable income, but ultimately he has paid billions in federal income taxes over his career.

-1

Anonymous #5 1d

“or other means”

-3

Anonymous #4 1d

They usually get an ITIN because historically the IRS is way more strict than immigration. The IRS has been known to bust people where other law enforcement agencies do not. Eg Al Capone

12

Anonymous #6 1d

Isn’t that what they’re saying though?

-3

Anonymous #5 1d

Ironically, excessively strict immigration enforcement makes people less likely to follow the law in other ways for fear of being discovered and deported. We will probably see a decrease in ITIN registration starting this year due to how ICE has been behaving under trump

11

Anonymous #5 1d

no, they’re insinuating that disliking big business is mutually exclusive with opposing illegal immigration which is ridiculous.

-1

Anonymous #4 1d

The data shows that non-citizens basically never vote illegally. Heritage Foundation- which I imagine you would trust as a source- has a database of electoral fraud cases. Only 68 (or about 5%) are related to being a noncitizen, the rest were all citizens. Brennan center in 2017 found noncitizens were “referred for investigation” in 30 cases related to the 2016 election- not charged with a crime, just investigated- so .0001% of votes. Undocumented immigrant cases are rarer than that, even.

14

Anonymous #4 1d

The more common issue for “immigrants voting” is lawful permanent residents who get told by a government official they can vote when they can’t, then get charged for doing so.

12

Anonymous #7 1d

The Brennan center thing was out of 23.5 million votes cast across 42 jurisdictions, so that’s why the percentage.

15

Anonymous #4 1d

Also… immigrants are still paying sales tax in everything. And they don’t get access to our social programs/benefits that citizens do.

10

Anonymous #2 1d

Bezos paid about 1% in taxes from 2006-2018 if you consider the rise in his wealth. Top income tax rate is 37%. He paid no taxes in multiple years. Hell, in 2011 he got $4000 back on a tax credit for his children. That year his wealth held roughly steady. Sure, you can argue about the details, but end result is he is paying taxes far less than he should be through loopholes around the exact definition of taxable income.

6

Anonymous #7 1d

Wealth is not income. You don’t pay taxes on capital gains until you realize them. When the capital gains are inevitably realized as income they will be taxed. You can argue about what is “fair” but high income earners pay a significantly higher tax rate.

5

Anonymous #2 1d

Actually, per the Supreme Court, corporations ARE persons for all legislative purposes. See “corporate personhood”, it has heavily influenced the ability for corporations to directly donate to and influence political campaigns.

5

Anonymous #2 1d

People like you (those who blindly defend billionaires) always use that line regarding a “significantly higher tax rate”, but why won’t you ever discuss the amount of income that go to taxes? billionaires pay a significantly *lower* share of their income to taxes in comparison to the average worker.

8

Anonymous #1 1d

That doesn’t change the fact that you can’t point to a corporation’s taxes as evidence that the CEO didn’t pay taxes. The CEO has their own taxes, and wasn’t paying the corporate tax in the first place.

5

Anonymous #2 1d

Selling stock is taxed. Loans taken out on the stock are not. So that’s what they do. They don’t even need to settle the loan- they can just keep making interest payments until they pass away and their estate is used to settle the loan. The interest is lower than the tax they would pay on selling the stock, and that way the stock and wealth keep growing.

10

Anonymous #1 1d

High income earners pay a higher share of their income compared to the average worker. Please refer to the graph above.

-1

Anonymous #2 1d

Okay, and you’re missing that they don’t have “income”. They have loans. That they never pay back.

7

Anonymous #7 1d

Because a loan is pretty obviously not income. You’re not paying income taxes on your student loans either. They have to pay taxes when it comes time to pay the loan back. It’s not a strategy for avoiding taxes, just for delaying them until the ideal time to sell stock.

-1

Anonymous #7 1d

They do pay the loans back

-1

Anonymous #7 1d

Who would loan them money without expecting it to be payed back? Lol

-1

Anonymous #2 1d

The loan gets paid back in the interest, so the bank doesn’t care. They keep the loan, they don’t pay it back. When they die, whoever inherits the assets gets a step-up in basis, and they sell off what they need to, which skips the capital gains tax.

8

Anonymous #2 1d

Let’s say you buy a stock for 100, you sell it for 1000, you pay taxes on the $900 you got, right? In this case they take out a loan on the stock, when they die it gets sold for 1000. The new owner got it for 1000, there’s no gain. That’s the step up in basis. They use the 1000 to pay the loan back. While they’re alive, they can keep taking out loans to cover interest. The bank doesn’t care, they still get their money.

5

Anonymous #7 1d

Got it at 1000, I mean.

5

Anonymous #7 1d

If they take out a loan on the stock, they will have to pay interest on that loan until the principal is paid off. In order for an estate to pass an inheritance, all loans must be paid off in full and any applicable estate taxes which can be much higher than capital gains taxes must be paid.

-1

Anonymous #2 1d

there’s other ways to avoid the estate tax- GRATs, for example.

1

Anonymous #7 1d

can you guys just stop being finance bros for a second and admit that it’s shitty that the richest CEOs and companies on the entire planet aren’t paying their fair share? No one even needs that much wealth, especially not when over 60% of Americans are living paycheck to paycheck and the number one cause of bankruptcy in our country is health care costs.

9

Anonymous #3 1d

I am absolutely admitting that. Like it’s fucked up.

10

Anonymous #7 1d

With GRATs the beneficiaries lose the step up in basis, so they’ll pay capital gains tax.

-1

Anonymous #7 1d

All this is irrelevant when we can just look at the totality of the data. The highest income earners pay the highest proportion of their income.

-1

Anonymous #3 1d

What is their fair share?

-1

Anonymous #2 1d

ain’t no way you’re still in here gargling billionaire balls after an hour and a half holy fuck bro go get a job

15

Anonymous #7 1d

Your 2017 source is outdated as it cannot account for the actions of the tens of millions of illegal immigrants let in under the Biden administration

-4

Anonymous #8 1d

a) it’s about the 2016 election b) that’s an unsubstantiated conspiracy theory, and one I would look very askance at considering the undocumented population is prob about 14 million. Total. You’re suggesting more illegal immigration than the entire population of undocumented immigrants

11

Anonymous #8 1d

biden deported more people than trump lmao

8