South Dakota has become a tax haven for the wealthy. Here’s how the trust industry gained a foothold.
Since the beginning of the pandemic, 745 U.S. billionaires have seen their total wealth increase by $2.1 trillion, a gain of 70 percent.
The president’s $3.5 trillion human-needs plan is facing severe cuts from key members of Congress. So why does the military get $7.5 trillion, no questions asked?
Those shiny utopias America’s super rich peddle are dulling our democracy.
IPS Tax Policy Expert Bob Lord Available for Interviews on Phil Knight, Billionaire Tax Avoidance, and How to Dodge over $3.6 Billion in Taxes
“Phil Knight’s estate plan demonstrates beyond doubt that loopholes in America’s estate and gift tax have rendered it useless.”
How to dodge over $3.6 billion in taxes.
New revelations about the Nike founder’s tax-dodging schemes raise questions about his charitable giving.
The veteran tax attorney unraveled Nike founder Phil Knight’s tax avoidance schemes for a recent Bloomberg investigation. He sits down with Chuck Collins to explain how this is possible under existing tax law — and what should change.
The cold war in the Taiwan Strait threatens to turn hot.
Proposals in play to pay for the ambitious public investment plan could help reverse skyrocketing wealth inequality.
Sen. Wyden’s billionaires income tax tapping those huge returns could raise big revenue to fund President Biden’s Build Back Better investment plan.
Proposals on the table to pay for the Build Back Better Act could rein in offshoring, excessive CEO pay, and wasteful stock buybacks.
Aging and disabled Americans — and the workers who care for them — have a huge stake in federal budget negotiations.
The wealthy rob governments of at least $200 billion a year in lost tax revenues. It’s time to force them to pay up.
The land of the free and the home of the brave has become a tax haven for the vile and the vicious.