Analysis

Yes, there are millionaires who pay no tax, but crimping deductions mightn't help

By Ann Kayis-Kumar, Chris Evans, Youngdeok Lim
Updated July 13 2020 - 1:35pm, first published 8:00am
Yes, there are millionaires who pay no tax, but crimping deductions mightn't help
Yes, there are millionaires who pay no tax, but crimping deductions mightn't help

For some people tax time will result in no tax paid this year, and if past years are anything to go by, about 50 of them will be millionaires.

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