logo
episode-header-image
May 2022
57m 52s

Wealthy People vs. Taxes

iHeartPodcasts
About this episode

It happens every year as tax season comes around in the US. Numerous media outlets publish excoriating investigations of wealthy corporations and individuals that, somehow, don't seem to be paying taxes. And the majority of American citizens believe the system is, in one way or another, broken. But what gives? Why are so many people convinced the wealthy conspire to avoid paying their taxes? Tune in to learn more.

They don't want you to read our book.: https://static.macmillan.com/static/fib/stuff-you-should-read/

See omnystudio.com/listener for privacy information.

Up next
Yesterday
CLASSIC: How Rigging Elections Works: Mexico, 1988
<p>While democracy isn't always predictable, one thing's for sure -- no matter who wins an election, for any party, in any country, some part of the population will claim the game is rigged. That's what happened in Mexico in 1988, when Carlos Salinas de Gortari became president i ... Show More
1h 2m
Yesterday
Strange News: Raccoon Evolution! A Grand Theft Joyride, the Guys Predict Nvidia, Cheese gets Cast, and Much More
<p>Recent studies argue city raccoons are evolving along with humans. A guy steals a city bus and honestly does a pretty good job. Legislation is unprepared for technology, and Nvidia makes a lot of stuff. All this and more in this week's strange news segment.</p><p><a href="http ... Show More
1h 11m
Nov 21
3I/Atlas: We are Obsessed with the Newest (or Oldest?) Instellar Object
<p>While humanity's local solar system appears huge from Earth, it's actually a pretty tiny piece of real estate in the grand scheme of things. And, in recent years, technological breakthroughs have allowed astronomers and physicists to learn more about the things traveling to us ... Show More
1h 2m
Recommended Episodes
Jun 2021
Why Billionaires Pay So Little Tax
<p>Jeff Bezos, Michael Bloomberg, Elon Musk and George Soros are household names. They are among the wealthiest people in the United States.</p><p>But a recent report by ProPublica has found another thing that separates them from regular Americans citizens: They have paid almost ... Show More
27m 22s
Apr 2014
31: People and Their Taxes
It’s April and that means two things: spring and tax time! The US tax system is really, really complicated. Every time you do your taxes, you’re answering to multiple jurisdictions –– and all their laws about what you owe for what, and why. We’re taking a look at how our tax syst ... Show More
28m 56s
Dec 2022
My Favorite Tax Loophole
There's a big difference between tax avoidance and tax evasion. But sometimes even avoiding taxes (legally) can feel like you're getting away with something. Today, we share some of our — and your! — favorite loopholes in the U.S. tax code.<br/><br/>Subscribe to Planet Money+ in ... Show More
26m 10s
Jan 2024
#139 People Power
<p><!-- wp:paragraph --></p> <p>On the Taxcast this month: People power for tax justice is on the rise like never before. We kick off 2024 with inspiring stories on campaigns for tax reform from around the world: strategies, successes, limitations, and what we can learn from the ... Show More
39m 3s
Apr 2022
Don’t Tip the IRS
Understanding how your taxes work can help you get a bigger return, and, in the long run, it can help you build wealth! This week, Delyanne covers everything from tax brackets to tax breaks with Duke Alexander Moore, better known as Duke Loves Taxes. Plus, professor of tax law Do ... Show More
28m 43s
Aug 2022
Carried interest wormhole
The carried interest tax loophole is a way that wealthy Americans – often the people who manage hedge funds or private equity firms – avoid paying billions of dollars worth of taxes. It has been one of the most controversial yet durable features of the U.S. tax code. But where di ... Show More
26m 23s
Jul 2021
Can we make the super-rich pay more tax?
Rich people are often able to pay little or no tax compared to their wealth because of the way the system works. In recent years, many have called for changes and reforms so that instead of income, wealth is also taxed. But, wealth taxes are not a new thing. Many argue that they ... Show More
23m 32s
Feb 2022
Comment les français jugent-ils l'impôt ?
<p>La résistance à l'impôt fut l'une des causes principales des émeutes populaires qui éclatèrent sous l'Ancien Régime. Depuis lors, les choses ont bien changé et, dans leur majorité, les Français acceptent le principe de l'impôt, même si certains le jugent trop élevé et peu équi ... Show More
2 m