The US Sun
December 31, 2021
AT LEAST 18 billionaires and hundreds of other rich elites collected stimulus checks intended to support struggling households during Covid-19.
The 270 wealthy Americans who reportedly wrote off enough deductions to qualify for the extra sums doled out by Uncle Sam actually all earned $5.7billion in income, according to their previous tax returns.
Each appears to have whittled down their tax responsibilities to claim to have earned negative net incomes allowing them to receive the $1,200 single and $2,400 married couple extra support, based on ProPublica’s investigation into the IRS activities of the country’s wealthiest taxpayers.