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Most Tax Dodges By The Ultrawealthy Are Perfectly Legal - Latest News

Most tax dodges by the ultra-wealthy are perfectly legal

A recent New York Times report has set off a debate over whether President Donald Trump’s family broke tax laws when they took over the business empire of his father, Fred Trump. But the bigger lesson ... read more

We may finally see Trump’s tax returns, and Republicans are panicking

Though they haven’t done it yet, Democrats are planning to utilize a law allowing the House Ways and Means Committee to obtain any American’s tax returns ... is a dodge that Republicans can employ to ... read more

Positively un-American tax dodges

Yes, leaving the country–a process that tax techies call inversion–is perfectly legal. A company does this by reincorporating ... The spectacle of American corporations deserting our country to dodge ... read more

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Why this billion-dollar foundation is becoming a corporation

That’s because private foundations in the United States are limited under most circumstances to making grants to recognized 501(c)(3) nonprofits — and there are lots of avenues of doing good which tha... read more

Movie Review: In the Name of the King: A Dungeon Siege Tale (2008)

And there are film makers who are perfectly willing and able to purposely make money losing fims so as to attract investors looking for a legal tax dodge. One such German ... then In The Name Of The K... read more

Joe Nacca: The second civil war

I have identified the most compelling ... property tax deduction for his penthouse apartment at Trump Tower. Surely, you’re aware of the condo co-op abatement. Pretty disgusting, isn’t it? But here’s ... read more

Romney camp: No further tax returns, despite 'audit' remark

"It's not surprising that Mitt Romney – the most ... tax disclosure, and claim Democrats are waging a war on wealth by demanding more information. On Monday, Romney said he was confident that the taxe... read more

Multinationals operating in tax havens avoid reporting specifics, study finds

It is perfectly legal ... for U.S. tax authorities to require country-by-country earnings reporting in order to identify companies' tax avoidance practices. "Just as in other aspects of firms' disclos... read more

2016 Dodge Viper ACR first drive

We strapped ourselves into Dodge’s latest world beater at Virginia International Raceway on its full, 24-turn, 4.1-mile Grand Course. Its technical corners, blind curves and elevation changes made it ... read more

Why political elites ‘tax-shame’ outsiders like Trump

Call their assault “tax shaming” — demonizing high earners who take advantage of perfectly legal opportunities to lower their taxes ... leaders — from competing for political office. Most politicians ... read more

Republicans Always Lose the Tax Fairness Debate, and Trump Turns It Into a Rout

Many reporters, and even some left-leaning pundits, have taken to saying that what Trump did is “perfectly legal ... it could further tell Treasury’s tax lawyers to write more detailed regulations—and ... read more

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