The Great Inheritors: How Three Families Shielded Their Fortunes From Taxes For Generations
In the early 1900s some of the wealthiest Americans claimed their fortunes would never last through the generations. A century of tax avoidance later, the dynasties are going strong.
More Than Half of America’s 100 Richest People Exploit Special Trusts to Avoid Estate Taxes
Secret IRS records show billionaires use trusts that let them pass fortunes to their heirs without paying estate tax. Will Congress end a tax shelter that has cost the Treasury untold billions?
House Bill Would Blow Up The Massive IRAs Of The Superwealthy
The proposed reform stems from a ProPublica story that detailed how PayPal founder Peter Thiel had amassed $5 billion, tax-free, in a Roth IRA. If the bill passes, Roth accounts would be capped at $20 million for high-income individuals.
Inside the Fall of the CDC
How the world’s greatest public health organization was brought to its knees by a virus, the president and the capitulation of its own leaders, causing damage that could last much longer than the coronavirus.
Inside the Trump Administration’s Decision to Leave the World Health Organization
Despite Trump’s declared exit from the WHO, officials continued working toward reforms and to prevent withdrawal. This week, they were told they must justify any cooperation with the WHO on the grounds of national security and public health safety.
Inside the Union Where Coronavirus Put 98% of Members Out of Work
Unite Here was a rare union success story. But then the coronavirus decimated the restaurant, food service and hotel industries, where most of its 307,000 members work. “We’re fighting for our survival,” its president told ProPublica.