But how much did he pay, he may own shares but he's not all of Amazon.
The "Wealth vs. Income" Gap: Billionaires like Bezos typically draw a very small annual cash salary (historically around $82,000 from Amazon), meaning personal income taxes fluctuate heavily depending on when they choose to liquidate or sell stock shares.
Stock Sales: The $2.7 billion estimate was triggered when Bezos sold roughly $13.6 billion worth of Amazon shares.
Effective Rate Context: While $2.7 billion is a massive cash sum, financial analysts noted it amounted to roughly 4.5% of his total net worth increase during that surge year and roughly 1% of his overall cumulative fortune. I would like to only pay 1% income tax , average person pays roughly 30%.
People this rich dont pay taxes on anything really. As you said most of these rich assholes have a small salary that gets taxed and then millions-billions in stocks. They then use those stocks to take out zero interest loans to live off of. when it comes time to pay that loan they borrow from another bank to pay it off. It's like putting everything on credit and then paying off that credit card with another zero interest credit card on repeat. They borrow until they die never selling stocks so that they dont have to pay the taxes on stock gains and there is no taxes on those loans.
10
u/CrystalEntity1984 Aug 24 '26
But how much did he pay, he may own shares but he's not all of Amazon. The "Wealth vs. Income" Gap: Billionaires like Bezos typically draw a very small annual cash salary (historically around $82,000 from Amazon), meaning personal income taxes fluctuate heavily depending on when they choose to liquidate or sell stock shares. Stock Sales: The $2.7 billion estimate was triggered when Bezos sold roughly $13.6 billion worth of Amazon shares. Effective Rate Context: While $2.7 billion is a massive cash sum, financial analysts noted it amounted to roughly 4.5% of his total net worth increase during that surge year and roughly 1% of his overall cumulative fortune. I would like to only pay 1% income tax , average person pays roughly 30%.