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By measuring total income, wealth growth, actual taxes paid, and income from 2014 to 2018, ProPublica found that Bezos’ so-called "true tax rate" was 0.98%. That was still more than Buffet ...
As a resident of the Sunshine State — which does not tax on capital gains — Bezos managed to save around $140 million in taxes he would have had to pay to Washington state for the same ...
Jeff Bezos -- the Amazon founder who is worth nearly $200 billion -- recently moved from Seattle, Washington to Miami, Florida, and while Bezos said it was not about money, it just so happens that ...
In 2019, Bezos was inducted into the Living Legends of Aviation, being awarded with the Jeff Bezos Freedom's Wings Award and the Kenn Ricci Lifetime Aviation Entrepreneur Award. [197] In February 2023, Bezos was presented with the Légion d'honneur, the highest French order of merit. Bezos had been designated a member of the Légion d'Honneur ...
Washington State lawmakers are proposing a 1% wealth tax on assets exceeding $1 billion, which would make soon-to-be former Amazon CEO Jeff Bezos, for example, owe $2 billion a year in state taxes....
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Meanwhile an estate tax in Washington applies to estates worth more than $2.19 million (a paltry figure in the Bezos universe) and goes from 10% to 20%. Florida has no estate tax.
On the first sale alone—where the shares were grouped into five blocks ranging between one million and 3.2 million—Bezos 7% tax cut (by moving out of Washington) would have saved him $140 million.