Paul Kiel
@paulkiel.bsky.social
ProPublica reporter who writes about taxes. https://www.propublica.org/people/paul-kiel
What could go wrong? NEW: Wall Street Wants to Change the Rules for Your 401(k). It Could Put Your Retirement at Risk. by @paulkiel.bsky.social
Wall Street Wants to Change the Rules for Your 401(k). It Could Put Your Retirement at Risk.
Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — inv...
propublica.org
Today, we issued a letter — signed by 70% of our unit — to @sengelberg.bsky.social and @robinsparkman.bsky.social asking them to uphold ProPublica’s values of fairness, transparency and accountability at the bargaining table.
NEW: A host of billionaires — sports team owners, oil barons, Wall Street traders and others — have managed to avoid paying a tax on investment income. propub.li/41EtbPK
How Billionaires Have Sidestepped a Tax Aimed at the Rich
Wall Street financiers were a clear target of the tax, but some, on questionable legal grounds, have claimed their outsized profits were exempt, sometimes avoiding hundreds of millions in taxes.
propub.li
Excellent piece from my buddy Paul Kiel on an obscure loophole that allows billionaires to avoid Medicare tax: www.propublica.org/article/medi...
I'm quoted in this nice rundown of how some finance billionaires have shaved 3.8% off their tax bills. My deep sympathies to Paul Kiel, who had to listen to my detailed explanation of the caselaw on the difference between traders and investors, a morass so murky I generally refuse to teach it.
ProPublica@propublica.org · 2y agoNEW: A host of billionaires — sports team owners, oil barons, Wall Street traders and others — have managed to avoid paying a tax on investment income. propub.li/41EtbPK
