Working Life Podcast

Ep 202: Trump Is A Tax Cheat—But Lots Of Rich People Dodge And Cheat Thanks To Both Parties

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Sinopsis

Episode 202: Support the Working Life Network here: www.patreon.com/WorkingLifePodcast ActBlue: secure.actblue.com/donate/working-life-1 For a sliver of time, the political world was talking about how Donald Trump cheats on his taxes. Virtually every rich person does what Trump does: they use the tax code to dodge paying their fair share, which costs the country tens of billions of dollars every year. Rich people move their money around, hide cash in trusts, foundations, hard-to-understand complex partnerships, a web of limited liability companies, and, especially for those who run companies, in overseas operations. And they have an army of accountants and lawyers whose sole job is to hide as much income, use the tax laws as aggressively as possible to confuse the under-resourced IRS staff, and, then, to fight in court to keep every nickel the IRS somehow manages to find. Support the Working Life Network here: www.patreon.com/WorkingLifePodcast ActBlue: secure.actblue.com/donate/working-life-1 All of thi