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Peter Thiel’s $5 Billion Roth IRA: Only the Size is News

Following up on their blockbuster reporting on the paltry income tax payments of America’s top billionaires, ProPublica has exposed the billionaire stuffing of Roth IRAs. PayPal founder Peter Thiel, according to ProPublica, started a Roth IRA with a co…

Following up on their blockbuster reporting on the paltry income tax payments of America’s top billionaires, ProPublica has exposed the billionaire stuffing of Roth IRAs. PayPal founder Peter Thiel, according to ProPublica, started a Roth IRA with a contribution of less than $2,000 in 1999 and enjoyed tax-free gains that ballooned to $5 billion by More

The post Peter Thiel’s $5 Billion Roth IRA: Only the Size is News appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Bob Lord.


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» Peter Thiel’s $5 Billion Roth IRA: Only the Size is News | Bob Lord | Radio Free | https://www.radiofree.org/2021/06/30/peter-thiels-5-billion-roth-ira-only-the-size-is-news/ |

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