Cramer suggests billionaire surtax after ProPublica report on tax avoidance

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CNBC’s Jim Cramer on Friday suggested the U.S. impose a surtax on billionaires following this week’s ProPublica report on how some of the richest people on the planet are avoiding taxes.

In recent years, billionaires including Amazon CEO Jeff Bezos, Tesla CEO Elon Musk, and businessman Michael Bloomberg, investors Carl Icahn and George Soros paid little to no federal income taxes, according to the report from ProPublica, which cited confidential IRS data it…



Source cnbc.com

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