How Jeff Bezos Saved An Estimated $1 Billion In Taxes This Year After Moving To Florida

Contributing sentiments towards policy:

59% : A representative for Bezos did not respond to a request for comment, and the Washington Department of Revenue representative declined to comment on Bezos' tax payments, citing confidentiality laws.
52% : The ultrawealthy have a playbook of maneuvers to lower their tax bill, including deductions due to charitable giving, taking all their compensation in shares of company stock instead of a salary to avoid reporting income (on which tax would be owed for the year it was paid), and borrowing against shares of their company instead of selling them.
51% : Bezos is certainly one of them: he controversially killed his Washington Post's endorsement of Kamala Harris a week before the presidential election and a day before executives of his space company Blue Origin met with Trump, and Bezos immediately congratulated Donald Trump on his election victory in social media posts.
49% : For all the talk about wanting to pay fewer taxes, though, many billionaires are still working to curry favor with the federal government, as their companies (including Bezos' Blue Origin and Amazon) can profit from friendly regulations and government contracts.
48% : That amount would have exceeded Washington state's net collections from the tax in the fiscal year that ended in June, which totaled $848 million.
47% : Trump has said he's meeting with Bezos on Thursday, December 19.

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