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Alphabet’s market capitalization of over $1.5 trillion makes it one of the most valuable publicly traded companies in the world, trailing only Apple, Microsoft and Amazon.
His tax avoidance is even more striking if you examine 2006 to 2018, a period for which ProPublica has complete data. Bezos’ wealth increased by $127 billion, according to Forbes, but he reported a total of $6.5 billion in income. The $1.4 billion he paid in personal federal taxes is a massive number — yet it amounts to a 1.1% true tax rate on the rise in his fortune.



Such compensation could involve anything from a book-signing at a bookstore to a deal with a local restaurant. Exceptions include sponsorships for marijuana, alcohol, tobacco and casinos, which are not permitted under the bill, according to bill sponsor Sen. Niraj Antani, a Dayton-area Republican.