News@lemmy.world · 7 months ago

Jeff Bezos will save over $600 million in taxes by moving to Miami

www.cnbc.com

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Jeff Bezos will save over $600 million in taxes by moving to Miami

www.cnbc.com

return2ozma@lemmy.world to

News@lemmy.world · 7 months ago

Bezos plans to unload 50 million shares of Amazon before Jan. 31, 2025. Posting those sales in Florida will save him millions.

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n2burns@lemmy.ca
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7 months ago
Yup, it’s tax avoidance, not tax evasion. It’s morally wrong especially because he has the power to influence the system, but it’s not legally wrong.

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