A seat on a spaceship ride with billionaire Jeff Bezos went for $28 million during a live auction on Saturday, concluding the month-long bidding process for the sightseeing trip on the Blue Origin’s maiden voyage next month.

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Bid of $28 million wins a rocket trip to space with Bezos

In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person in the world, also paid no federal income taxes.
Michael Bloomberg managed to do the same in recent years. Billionaire investor Carl Icahn did it twice.

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The CT Mirror

The secret IRS files: Trove of never-before-seen records reveals how the wealthiest avoid income tax

The Amazon CEO is readying a historic lobbying push to defang efforts to regulate and splinter his business empire

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Salon

Jeff Bezos’ bad week gets worse with introduction of sweeping new Big Tech antitrust legislation

Trevor FilsethTax Credit Stimulus, A recent ProPublica report declared that in 2007 and 2011 when Amazon CEO Jeff Bezos was worth a meager $18 billion, he paid no federal income taxes.In the fall of 2020, a New York Times report declared that President Donald Trump – ostensibly worth upwards of $2 billion – had paid only $750 in federal taxes in 2017.

The National Interest

Jeff Bezos is Worth Billions – But In 2011, He Got a Child Tax Credit 'Stimulus'

Don't be in the dark about eligibility for the expanded child tax credit this year. We'll explain the IRS letter, online portals and payment schedule here.

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3 things to know about qualifying for the $3,600 child tax credit

US President Joe Biden’s push to get Congress to reform the tax code and ensure the richest Americans pay their “fair share” has received an unexpected boost from billionaires like Jeff Bezos and Elon Musk — who, it turns out, don’t have much of a tax bill at all.

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The Citizen

Biden sets sights on US's tax-dodging billionaires

Lawmakers in the U.S. House of Representatives introduced five bills on Friday, four of them aimed at reining in the power of the tech giants in what one congressional aide described as a revolution in antitrust.

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Times of India

Washington Times

U.S. House lawmakers introduce bipartisan bills to target Big Tech

Amazon CEO Jeff Bezos testifies before a House Judiciary Subcommittee hearing in July 2020. | Graeme Jennings/Washington Examiner/Bloomberg via Getty ImagesThe bills have the beginnings of bipartisan support, but will likely need even more to actually pass.These days, it’s hard to get Democrats and Republicans in Congress to agree on anything.

Bollywood Life

Inside Halton 

What you need to know about the House’s opening bid to rein in Big Tech

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