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Bezos Earth Fund Grants $400M for Greening Underserved Urban U.S. Communities

bezosearthfund.org

101–105 of 105 posts

Re: Bezos Earth Fund Grants $400M for Greening Underserved Urban U.S. Communities

#101
post #40

Earlier quoted context omitted.

Yes- that's why people in the comments keep griping about how little tax he has to pay

Well, but the complaint is "Bezos should pay his taxes". And we've now established that he has . So... To the comment you replied to's point: we should be upset at the tax code not at people who (as we've established) are probably following the law.

[deleted]

Re: Bezos Earth Fund Grants $400M for Greening Underserved Urban U.S. Communities

#102
post #40

Earlier quoted context omitted.

Yes- that's why people in the comments keep griping about how little tax he has to pay

Well, but the complaint is "Bezos should pay his taxes". And we've now established that he has . So... To the comment you replied to's point: we should be upset at the tax code not at people who (as we've established) are probably following the law.

OK, a charitable reading is that two things are being said:

Bezos should pay a fair amount of taxes ie. we ought to close loopholes and raise the rates for billionaires

& 2. Bezos should pay a fair amount of taxes ie. by using legal loopholes and lobbying the govt. for lower taxes, he is acting immoraly and should stop doing so

Both of which I believe is what's meant but are harder to make into a pithy slogan

Re: Bezos Earth Fund Grants $400M for Greening Underserved Urban U.S. Communities

#103

Earlier quoted context omitted.

If they're skirting the rules, that's just called following the rules. Why should we expect billionaires to file their taxes suboptimally? The rules are what need changing.

I personally feel a moral obligation to pay my fair share of taxes, especially if I expect my community to be a place I want to be. I could itemize more stuff and pay less but I'm in a position where I can still live comfortably taking the base deduction. In my opinion ultra rich people should be doing the same whether the rules change or not.

How do you decide what your fair share is though? Do you not take any deductions, even the standard deduction? I'm happy to pay my taxes in full too, but I pay my rate for what they say my income is, including applicable deductions to that income. That's what the billionaires do too. They just have way more tools available to them.

Re: Bezos Earth Fund Grants $400M for Greening Underserved Urban U.S. Communities

#104
post #40

Earlier quoted context omitted.

Well, but the complaint is "Bezos should pay his taxes". And we've now established that he has . So... To the comment you replied to's point: we should be upset at the tax code not at people who (as we've established) are probably following the law.

OK, a charitable reading is that two things are being said: Bezos should pay a fair amount of taxes ie. we ought to close loopholes and raise the rates for billionaires & 2. Bezos should pay a fair amount of taxes ie. by using legal loopholes and lobbying the govt. for lower taxes, he is acting immoraly and should stop doing so Both of which I believe is what's meant but are harder to make into a pithy slogan

My point in my earlier comment is that I don't agree with #2. He pays what the government says his "fair share" of taxes are, and why would we expect him to pay any more than that? I bet every one of us here pays exactly what we owe in taxes and not a cent more. That includes taking tax deductions. Even if you take no deductions, you're given a free $13k deduction on your taxable income.

Obviously in some theoretical moral sense billionaires are underpaying. But what's the income level you need to cross before you should willfully avoid tax deductions and ways of avoiding taxes. Now codify that into the law in some way.

Re: Bezos Earth Fund Grants $400M for Greening Underserved Urban U.S. Communities

#105

Earlier quoted context omitted.

OK, a charitable reading is that two things are being said: Bezos should pay a fair amount of taxes ie. we ought to close loopholes and raise the rates for billionaires & 2. Bezos should pay a fair amount of taxes ie. by using legal loopholes and lobbying the govt. for lower taxes, he is acting immoraly and should stop doing so Both of which I believe is what's meant but are harder to make into a pithy slogan

My point in my earlier comment is that I don't agree with #2. He pays what the government says his "fair share" of taxes are, and why would we expect him to pay any more than that? I bet every one of us here pays exactly what we owe in taxes and not a cent more. That includes taking tax deductions. Even if you take no deductions, you're given a free $13k deduction on your taxable income. Obviously in some theoretical…

Hey yeah, I agree with you, that's the useful thing to do. Tbh think you're rationally right about this point.

I just also think that Bezos in particular is underpaying and screaming into the void at him is fun and ok

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