The United States didn’t become a tax haven overnight.
A new U.S. District Court ruling helps billionaires escape millions in gift taxes.
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.”
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.
Proposals in play to pay for the ambitious public investment plan could help reverse skyrocketing wealth inequality.
The land of the free and the home of the brave has become a tax haven for the vile and the vicious.
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.
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.
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.
It’s a complicated question. But as a tax attorney, I believe firmly that the flaws are intentional.
The “basis step-up” allows wealthy people to avoid paying income tax on lifetimes of investment gains.
The great painter Diego Rivera would not appreciate what our richest are using for collateral.