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: Wealth tax
Beef up the IRS, No Matter How Much It Hurts
April 28, 2021 Atlanta There’s just no way to love the Service, as the IRS calls itself. Here’s an example. It’s 2021, hardly anyone even has a fax machine anymore, but the IRS, alone among almost all federal agencies and certainly business in America, will not accept emails and scanned documents. Any document transfer has …
Beating the Taxman and Making the Rich Pay
March 28, 2021 Pearl River A bunch of researchers led by the London School of Economics, allowed access to Internal Revenue Service tax reporting data, issued a report card on how well the rich were doing in dealing with the taxman. The short summary is that are winning even bigger than we – and the …