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Why is it so hard to tax billionaires? (Part 1)

Fri, 18 Oct 2024

Description

A rogue IRS contractor leaks the private tax returns of the country’s wealthiest citizens to a reporter. That reporter, ProPublica’s Jesse Eisinger, learns that some of our billionaires are paying as little as zero dollars in federal income taxes. The story of how this country came up with an income tax in the first place, and how the wealthiest discovered an opt-out strategy. Support the show at searchengine.show! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Audio
Transcription

Full Episode

0.63 - 22.97 PJ Vogt

Welcome to Search Engine. I'm PJ Vogt. Each week on the show, we answer a question we have about the world. No question too big, no question too small. Our question this week, why is it so hard to tax billionaires? The answer may lie in a USB key leaked by a rogue IRS worker to a journalist. A USB key containing private tax returns for the very wealthiest people in America.

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23.791 - 31.154 PJ Vogt

Elon Musk, Taylor Swift, Jeff Bezos. The story of that leak and the question it answered after these ads.

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64.939 - 82.894 PJ Vogt

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83.694 - 99.893 PJ Vogt

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100.753 - 119.837 PJ Vogt

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120.916 - 172.612 PJ Vogt

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173.273 - 184.301 PJ Vogt

I was in the studio recently with a reporter who I know. I've had the pleasure of knowing a lot of grumpy idealists, but few as grumpily idealistic as him. Can you say your name and what you do?

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