Editorial: Here’s how the IRS whistleblower revealed the flaws of the US tax code. He still committed a serious crime
At the peak of the pandemic, a series of reports revealed that many of the richest Americans paid little in income taxes — and, in some years, nothing. The 2021 stories by nonprofit news organization ProPublica were based on the actual tax returns of wealthy Americans ranging from George Soros and Elon Musk to then-Chicagoan Ken Griffin. The stories illustrated how multibillionaires can keep ...
by Chicago Tribune Editorial Board, Chicago Tribune
Dec 21, 2023
3 minutes
At the peak of the pandemic, a series of reports revealed that many of the richest Americans paid little in income taxes — and, in some years, nothing.
The 2021 stories by nonprofit news organization ProPublica were based on the actual tax returns of wealthy Americans ranging from George Soros and Elon Musk to then-Chicagoan Ken Griffin.
The stories illustrated how multibillionaires can keep more of their money out of government coffers legally by taking full advantage of deductions, credits and loopholes. They highlighted the unfairness of a system where
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