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April 11, 2011 10:19 AM Subscribe
Billionaire/Millionaire avoid paying taxes - NPR Bloomberg. Please help me find the article about how the rich avoid paying taxes - it was on WNYC AM - I think it was on Friday the 8th and I think Fresh Air. I have searched all I could but to no avail. The interviewer was talking to a writer for the Bloomberg magazine. Any pointers. (I have searched)
Thanks!
Here's the article by Brett Arends on How you can pull a GE on taxes .
posted by jchaw at 10:26 AM on April 11, 2011
posted by jchaw at 10:26 AM on April 11, 2011
are you thinking about corporations or individuals? Over the last month there was a spate of reporting on how cops like GE had massive profits but pay little to no taxes.
posted by edgeways at 10:28 AM on April 11, 2011
posted by edgeways at 10:28 AM on April 11, 2011
Was it Brian Lehrer by chance? Joseph Liglitz was discussing how the top 1% controls 40% of wealth.
http://www.wnyc.org/shows/bl/2011/mar/31/ He wrote an article in Vanity Fair.
posted by Fairchild at 10:38 AM on April 11, 2011
http://www.wnyc.org/shows/bl/2011/mar/31/ He wrote an article in Vanity Fair.
posted by Fairchild at 10:38 AM on April 11, 2011
This is not a radio program, but the current BusinessWeek fits the bill.
posted by exogenous at 10:48 AM on April 11, 2011
posted by exogenous at 10:48 AM on April 11, 2011
Yeah, it's the cover of this month's Business Week: How to Pay No Taxes: Eleven shelters, dodges, and rolls—all perfectly legal—used by America's wealthiest people.
posted by carsonb at 10:54 AM on April 11, 2011
posted by carsonb at 10:54 AM on April 11, 2011
Response by poster: Thanks everyone! It was the BusinessWeek article, but on the radio.
posted by bright77blue at 11:23 AM on April 11, 2011
posted by bright77blue at 11:23 AM on April 11, 2011
FYI: I can't cite it, but I heard somewhere (news type of thing, not an internet forward...) that any of those "oops, I have to default on the loan, guess you are going to have to take my collateral and I'm going to have to keep the money" games are no longer allowed.
Similarly, the deferred compensation things aren't exactly "money without taxes". You may have the money, but you can't use it.
posted by gjc at 6:18 PM on April 11, 2011
Similarly, the deferred compensation things aren't exactly "money without taxes". You may have the money, but you can't use it.
posted by gjc at 6:18 PM on April 11, 2011
This thread is closed to new comments.
posted by hoboynow at 10:25 AM on April 11, 2011