This is an amazing leak ... but also not terribly surprising?
1. Billionaires don’t make their money off of income.
2. Billionaires have access to the world’s savviest accountants and lawyers.
I primarily want to know how ProPublica got the data!
propublica.org/article/the-se…
1. Billionaires don’t make their money off of income.
2. Billionaires have access to the world’s savviest accountants and lawyers.
I primarily want to know how ProPublica got the data!
propublica.org/article/the-se…
This is largely the system working as designed.
Tax avoidance, not tax evasion.
Deductions, philanthropy and other perfectly legal ways to slash someone’s tax bill.
Still amazing to see the numbers in print.
Tax avoidance, not tax evasion.
Deductions, philanthropy and other perfectly legal ways to slash someone’s tax bill.
Still amazing to see the numbers in print.
If you want to know how ProPublica got this massive leak, good luck. They’re not saying.
They understandably want to protect their sources, but the tradeoff (which I’m sure they thoughtfully weighed) is that it makes it harder for the public to assess the work.
They understandably want to protect their sources, but the tradeoff (which I’m sure they thoughtfully weighed) is that it makes it harder for the public to assess the work.
ProPublica says that ”we do not know identity of our source” that leaked the tax data.
To the point about transparency, here’s the editors note.
propublica.org/article/why-we…
To the point about transparency, here’s the editors note.
propublica.org/article/why-we…
Anyway, kudos to ProPublica and hope whoever leaked this has a good lawyer.
Two things can be true at once:
1. The ProPublica story tells you a totally unsurprising conclusion, a conclusion that is exaggerated by using a debated measure of someone’s “wealth.”
2. Substantiating that conclusion with a massive leak is an extraordinary feat of journalism.
1. The ProPublica story tells you a totally unsurprising conclusion, a conclusion that is exaggerated by using a debated measure of someone’s “wealth.”
2. Substantiating that conclusion with a massive leak is an extraordinary feat of journalism.
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