I dont keep cash in the bank. No, no chance. Yet Saez and Zucman decided to simply leave them out of their analysis. Amazon founder and CEO Jeff Bezos paid a true tax rate of 0.98% as his wealth grew by a staggering $99 billion between 2014 and 2018; he reported just $4.22 billion in reported income during the same period. Amazon CEO Jeff Bezos zz/Dennis Van Tine/STAR MAX/IPxKey FactsProPublica found that while the median American household earning roughly $70,000 per year paid 14% in federal taxes each year, the 25 richest Americans (by Forbes tally) paid a true tax rate of just 3.4% on wealth growth of $401 billion between 2014 and 2018.
While the true paid tax rates of Amazon CEO pay 4.17% of dollars per year, the&label>neutral
( z0 contrast :ARG1 ( z1 pay :ARG0 ( z2 rate :ARG1-of ( z3 pay :ARG0 ( z4 person :ARG0-of ( z5 have-org-role :ARG1 ( z6 company :name ( z7 name :op "Amazon" ) ) :ARG2 ( z8 officer :mod ( z9 chief ) :mod ( z10 executive ) ) ) ) ) :ARG1-of ( z11 true ) :mod ( z12 tax ) ) :ARG1 ( z13 rate-entity :ARG1 ( z14 percentage-entity :unit ( z15 dollar ) :value 4.17 ) :ARG2 ( z16 temporal-quantity :quant 1 :unit ( z17 year ) ) ) ) :ARG2 ( z18 label ) :rel ( z19 pay ) )
(z0 / contrast-01
    :ARG1 (z1 / pay-01
              :ARG0 (z2 / rate
                        :ARG1-of (z3 / pay-01
                                     :ARG0 (z4 / person
                                               :ARG0-of (z5 / have-org-role-91
                                                            :ARG1 (z6 / company
                                                                      :name (z7 / name
                                                                                :op1 "Amazon"))
                                                            :ARG2 (z8 / officer
                                                                      :mod (z9 / chief)
                                                                      :mod (z10 / executive)))))
                        :ARG1-of (z11 / true-01)
                        :mod (z12 / tax-01))
              :ARG1 (z13 / rate-entity-91
                         :ARG1 (z14 / percentage-entity
                                    :unit (z15 / dollar)
                                    :value 4.17)
                         :ARG2 (z16 / temporal-quantity
                                    :quant 1
                                    :unit (z17 / year))))
    :ARG2 (z18 / label-01)
    :rel (z19 / pay-01))
While the true paid tax rates of Amazon CEO pay 4.17 % of dollars per year , the&label>neutral
z2 :mod z12
z2 :ARG1-of z3
z2 :ARG1-of z11
z6 :name z7
z7 :op1 2
z3 :ARG0 z4
z4 :ARG0-of z5
z5 :ARG1 z6
z5 :ARG2 z8
z8 :mod z9
z8 :mod z10
z1 :ARG0 z2
z0 :ARG1 z1
z14 :value 1
z14 :unit z15
z13 :ARG1 z14
z1 :ARG1 z13
z13 :ARG2 z16
z16 :unit z17
z16 :quant 0
z0 :ARG2 z18
z0 :rel z19