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Recently, the two wealthiest people on earth engaged in transactions that received attention from the press.  Bezos donated $100 million to the Obama Foundation and Musk sold some  $5 billion of his Tesla stock.  The consequences of these two transactions show some of what is wrong with our tax system. By donating $100 million, Bezos More

The post Tax Consequences of Bezos Donating $100 Million and Musk Selling Stock Worth $5 Billion appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Rick Baum.

Citations

[1] Tax Consequences of Bezos Donating $100 Million and Musk Selling Stock Worth $5 Billion - CounterPunch.org ➤ https://www.counterpunch.org/2021/12/01/tax-consequences-of-bezos-donating-100-million-and-musk-selling-stock-worth-5-billion/[2] Tax Consequences of Bezos Donating $100 Million and Musk Selling Stock Worth $5 Billion - CounterPunch.org ➤ https://www.counterpunch.org/2021/12/01/tax-consequences-of-bezos-donating-100-million-and-musk-selling-stock-worth-5-billion/[3] Home - CounterPunch.org ➤ https://www.counterpunch.org/