Subway’s Sandwich Mogul Meets — and Beats — the IRS
A new U.S. District Court ruling helps billionaires escape millions in gift taxes.
Taxes
How South Dakota Became a Tax Haven for the Super-Rich
As the Pandora Papers exposed, for the last 30 years, multimillionaires and billionaires have parked their wealth in the state of South Dakota to avoid taxation and secure dynastic wealth for generations.
Let’s Make the Most of This ‘Tax Billionaires’ Moment
The movement to tax extreme wealth to pay for human needs suddenly has a rare political opening.
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.
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.
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.
U.S. Billionaires are Now $2.1 Trillion Richer Than Before the Pandemic
Senator Wyden’s proposed ‘Billionaires Income Tax’ could raise significant revenue to fund President Biden’s Build Back Better investment plans.
5 Charts on Tackling Bad Corporate Behavior Through Taxes
Proposals on the table to pay for the Build Back Better Act could rein in offshoring, excessive CEO pay, and wasteful stock buybacks.
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.