Amazon has scrapped an internal proposal to display tariff-related import charges on its Amazon Haul platform, following sharp backlash from the White House and a direct call from President Donald Trump to Amazon founder Jeff Bezos. The idea, never implemented, would have disclosed how much Trump-era tariffs added to the …
Read More »Report: 25 Richest Americans Have “True Tax Rate” Of Almost Nothing
A report from ProPublica, an investigative newsroom, reveals that the richest 25 people in the United States have a “true tax rate” of almost nothing. The nonprofit organization received IRS data from an unidentified source. “Looks like the biggest tax story of the year, if not the decade,” Gabriel Zucman, …
Read More »