IRS Commissioner Says Leak of Ultra-Wealthy Tax Records Under Investigation
during a Senate Finance Committee hearing Tuesday.On Tuesday Pro Publica published “The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax,” which contained records belonging to Jeff Bezos, George Soros, Warren Buffet, Elon Musk, Michael Bloomberg, Bill Gates, Rupert Murdoch, Mark Zuckerberg, and other extremely wealthy people. Among other things, it revealed Bezos paid nothing in taxes in 2007, and Musk paid no taxes in 2018, and that collectively, the 25 richest people in America paid only a 3.5% tax rate from 2014-2018.The Senate finance hearing was scheduled before the leak was made public.