Mon. May 23rd, 2022


The Real News Network

Private Inequity: How a Powerful Industry Conquered the Tax System

1 min read

The I.R.S. almost never audits private equity firms, even as whistle-blowers have filed claims alleging illegal tax avoidance.

By Jesse Drucker and Danny Hakim

There were two weeks left in the Trump administration when the Treasury Department handed down a set of rules governing an obscure corner of the tax code.

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