ProPublica's 'Secret IRS Files' Unveil How Richest Americans Avoid Income Tax


Manage episode 294745413 series 2639082
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The story made waves in Washington, D.C., this week: The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax. ProPublica obtained private tax data from America's 25 wealthiest individuals, which revealed exactly how those people manage, through legal means, to pay far less income tax than most Americans — and sometimes, none at all.
ProPublica senior editor and reporter Jesse Eisinger explains how it works to NPR's Rachel Martin.
After the story's publication, some lawmakers reacted with concern about the fairness of the tax code. Oregon Democrat Ron Wyden, who chairs the Senate Finance Committee, explains a proposal to make it more equitable. He spoke to NPR's Ailsa Chang.
Additional reporting on the history of the income tax from NPR's daily economics podcast The Indicator and Steven Weisman's 2010 appearance on All Things Considered.
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