Help keep One Green Planet free and independent! Together we can ensure our platform remains a hub for empowering ideas committed to fighting for a sustainable, healthy, and compassionate world. Please support us in keeping our mission strong.
ProPublica recently gained access to a significant amount of U.S. tax information. To their surprise, they learned that billionaires do not pay much income tax relative to their enormous wealth. The records even showed that Jeff Bezos, Elon Musk, Michael Bloomberg, and George Soros have all gotten away with paying $0 in federal income taxes in some years.
There has been a long-running myth that the wealthiest Americans pay the most taxes. However, this discovery proves that this is not even remotely the case. While many people have suspected this for a long time, this discovery proves suspicions to be true.
Source: DW News/Youtube
ProPublica revealed that this discovery not only applied to income and taxes but also to their investments, stock trades, and gambling winnings. According to IRS records, the wealthiest can legally pay income taxes that are only a small fraction of the hundreds of millions or billions of dollars they own. We must explore every approach to ensure a sense of fairness, and demand that billionaires pay their taxes every year.
Sign this petition to demand a change in the tax code to make sure the wealthiest pay their fair share!
To continue speaking up, sign these other petitions as well:
- Urge the US Government to Address the Extinction Crisis
- Tell Congress to Protect Whales by Addressing Climate Change
For more Animal, Earth, Life, Vegan Food, Health, and Recipe content published daily, subscribe to the One Green Planet Newsletter! Also, don’t forget to download the Food Monster App on iTunes — with over 15,000 delicious recipes it is the largest meatless, vegan, and allergy-friendly recipe resource to help reduce your environmental footprint, save animals and get healthy! Lastly, being publicly-funded gives us a greater chance to continue providing you with high-quality content. Please consider supporting us by donating!