June 8, 2021 New Orleans ProPublica, the nonprofit investigative journalism operation, has somehow, mysteriously, come into possession of fifteen years of tax returns for many of the richest people in America. In a bombshell announcement, they dropped their first report on the twenty-five richest people in America, obviously including the easily recognizable names of Elon …
Tag: Income Tax
The IRS Enables the Return of Refund Anticipation Loans
New Orleans Refund anticipation loans or RALs, as they were known, were one of the most predatory products on the market in their heyday targeted solely to low-and-moderate income workers who were most desperate for their tax returns. They were on the other side of the digital divide so less likely to file with the …