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I would disagree. Bezos, like many of the My Wife Has An Awesome Baseball Husband Shirt people in this article. Then avoids paying taxes in the sense that he avoids selling the stock for cash. Which would make him pay taxes – unless he has offsetting losses. And it notes that some people (not sure if it includes Bezos specifically) also borrow large sums of money with their own wealth. As collateral so that they have “loans” instead of “income”. These are things they wouldn’t do except to avoid taxes. Clearly, the driving force behind these actions is to minimize income tax.

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Under a different tax My Wife Has An Awesome Baseball Husband Shirt regime, these actions would be nonsensical. I think it’s fair to call that “avoiding paying tax” even if “he paid every penny that he was legally obligated to pay based on our existing tax laws” as you said. That’s why we call these “loopholes” and not “tax evasion”. I think ProPublica’s stats show how much they gained by how much they reported. So technically it was 20% tax on what they reported, not what they earned in that period. I think they are trying to show the difference between gross profit and net profit as only net profit is taxed.

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