How Jeff Bezos avoid taxes

Banks aren't just going to loan Jeff hundreds of millions, if not billions of dollars, without "securing" the loan, which they do with AMZN stock. If Jeff dies, the bank gets stock to pay off the loan. Banks HATE unsecured loans, they're liabilities and they avoid them at all costs. The real easy fix to this loophole is to classify stocks as being vested (eg: sold and subject to capital gains tax) if they are used as collateral to secure loans. Simple as that. Jeff, and other billionaires, would suddenly have a present-day tax burden, without taxing them on unrealized capital gains from the majority of their shares.

Moral to the story is keep your credit score high kids

Robotic arms and Bezos😅 the head of Amazon Corporation and the richest man on the planet, Jeff Bezos tests the latest development of giant robotic arms.

There is a simple fix for this. Allow people like Bezos to take a loan only if the average salary of their employees is above the national average (excluding the managerial class).

So basically he funds himself the same way the government does.

Nevertheless it's a fact that the top 10% of U.S. earners pay virtually ALL of the nation's income taxes. The top 1%, by the way, pay half of all income taxes. That's right, very few Americans pay federal taxes.

We have to pay taxes for the betterment of society

This is why income tax seems inherently unfair. So it seems logical that if you tax on the _spending_ side of the equation that will be more proportional. The problem is that's even worse. There are _more_ loopholes and while poor people spend 100% of their income wealthy people spend less than 1%. You want them only taxed on that bit?

And who do you think will bear the burden of inflation from all that reckless printing of money and debt?

The banks and govt designed the system that way. He's just being smart and working within the system our overlords designed.