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Benzinga
Benzinga
Business
Rishabh Mishra

Elon Musk Paid 3.3% 'Effective Tax,' Bezos 1%, Living 'Tax-Free' On Loans, Says Rep. Dan Goldman—Introduces Robinhood Act To 'Generate At Least $276B'

Elon Musk, founder and CEO and of SpaceX, at VIVA Technology

Rep. Dan Goldman (D-N.Y.) introduced legislation Thursday to close a prominent loophole in the tax code that allows ultra-wealthy Americans to build liquidity while paying minimal federal income taxes.

Musk And Bezos Borrow With The Loan Loophole

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