How Billionaires Are Using Philanthropy & Charity to Avoid Taxes During the Coronavirus Pandemic

We speak to Omar Ocampo, co-author of the ‘Billionaire Bonanza 2020: Wealth Windfall, Tumbling Taxes and Pandemic Profiteers’ Report. He discusses how inequality is an ‘American pre-existing condition’, the astronomical growth of the wealth of Amazon’s Jeff Bezos during the COVID-19 pandemic which has at the same time rendered 40 million Americans jobless, how Amazon is arguably risking the lives of its workers while Bezos gets richer, how the rich avoid paying taxes through philanthropy and charity, how the government ends up borrowing money from billionaires, how taxes paid by billionaires have fallen 80% between 1980-2018 and more!