How to Hide Wealth
The United States didn’t become a tax haven overnight.
Subway’s Sandwich Mogul Meets — and Beats — the IRS
A new U.S. District Court ruling helps billionaires escape millions in gift taxes.
Why the Superrich Are Flocking to South Dakota
South Dakota has become a tax haven for the wealthy. Here’s how the trust industry gained a foothold.
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.”
Phil Knight: A Case Study in Billionaire Tax Avoidance
How to dodge over $3.6 billion in taxes.
Phil Knight’s Billion-Dollar Philanthropy: Generosity or Self-Service?
New revelations about the Nike founder’s tax-dodging schemes raise questions about his charitable giving.
Phil Knight’s Big Tax Dodge: A Q&A With Tax Attorney Bob Lord
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.
5 Charts on Taxing Wealth to Pay for the Build Back Better Agenda
Proposals in play to pay for the ambitious public investment plan could help reverse skyrocketing wealth inequality.
Forget the Huddled Masses. Bring Us Billionaires.
The land of the free and the home of the brave has become a tax haven for the vile and the vicious.
Why Billionaires Love to Park Their Dynastic Wealth in Places Like South Dakota
State-level loopholes have made it possible for some of the wealthiest families in the world to make sure most of their riches are never taxed.
Close the Carried Interest Loophole and End Private Equity Abuse
To help pay for vital public investments, Congress needs to end a tax loophole that has allowed greedy private equity execs to pay a lower tax rate than many middle-class Americans.
Close Down the Estate Tax Manipulations That Benefit Billionaires
The latest tax proposals in Congress are an okay first step, but don’t go far enough to address one of the biggest enablers of dynastic wealth.
Does Our Tax System Benefit the Rich on Purpose?
It’s a complicated question. But as a tax attorney, I believe firmly that the flaws are intentional.
Taxing Lifetime Gains Serves Different Fairness Goal Than Estate Tax
The “basis step-up” allows wealthy people to avoid paying income tax on lifetimes of investment gains.
America’s Billionaires: Borrowing Their Way to Ever More Fabulous Fortunes
The great painter Diego Rivera would not appreciate what our richest are using for collateral.