‘CBS This Morning’ Celebrates ProPublica’s ‘Bombshell,’ ‘Landmark Piece of Reporting’

‘Bombshell report by ProPublica reveals how little the wealthiest Americans have been paying in taxes’

EXCERPT:

DOKOUPIL: "A bombshell report by ProPublica reveals just how little the wealthiest Americans have been paying in taxes. ProPublica obtained more than 15 years of never-before-seen IRS information about the 25 richest Americans and found that sometimes they paid little or no federal income taxes. That includes Warren Buffett, Elon Musk, and Michael Bloomberg. Also Jeff Bezos, who is now the richest person in America. He paid no, zero, zilch, federal income tax in 2007 and then again in 2011. We reached out to all of them but have not heard back. Buffett and Bloomberg did respond to ProPublica saying that they support an increase in taxes on the wealthy and that they donate much of their wealth to charity. Now, we should make clear that none of the things that these men did is illegal, which is actually part of the scandal here. And the IRS says it is investigating the source of the leaked documents, remains to be seen if Congress will take a look.

Video files
Full
Compact
Audio files
Full
Compact