Discover and read the best of Twitter Threads about #IRSLeaks

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Seven years ago, I called #LeonardCohen's *Everybody Knows* "the perfect anthem for our times."

> Everybody knows the fight was fixed
> The poor stay poor, the rich get rich
> That’s how it goes
> Everybody knows

memex.craphound.com/2016/11/11/leo… 1/ A smoke-filled room lit by ...
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pluralistic.net/2023/03/16/com… 2/
That was just after Cohen died, and while the world seems to want to settle on *Hallelujah* as his totemic song, *Everybody Knows* keeps inserting itself into the discourse, in the most toxic, hope-draining way possible. 3/
Read 60 tweets
When you hear that a billionaire has bought a horse or a newspaper or a sports team, you might think it's just dilletantish dabbling by a member of the parasite class with nothing better to do with their time - a way to make the idle rich slightly more vigorous.

1/
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pluralistic.net/2021/12/08/req…

2/
But as @propublica documents in the latest installment of its #IRSLeaks reporting - drawing on never-seen tax filings of the ultra-rich - hobbies are a way to pile up gigantic tax write-offs that can be applied to passive income (money you earn for doing nothing).

3/
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