During the first 19 months of the pandemic, U.S. billionaires added $2.1 trillion dollars to their collective wealth and that number continues to rise.
Jeff Bezos paid no federal income taxes in 2007 or in 2011.
By 2018, the 400 richest Americans paid a lower overall tax rate than almost anyone else.
The Trump tax cut enabled individuals to exclude $11.18 million from their estate taxes. That means one couple can pass on more than $22 million to their kids tax-free. Not to mention the very rich often find ways around this tax entirely. As Trump's former White House National Economic Council director Gary Cohn put it, "only morons pay the estate tax."