Friday, December 31, 2021

Roblox Uses A Lavish Tax Dodge For The Ultrawealthy

Lavish, yet legal. I blame the IRS for this one.

Today Baszucki’s company, Roblox, the maker of one of the world’s most popular video-gaming platforms, is valued at about $60 billion. Baszucki is worth an estimated $7 billion. Yet he and his extended family are reaping big benefits from a tax break aimed at small businesses.