Article Image

IPFS News Link • Internal Revenue Service

Taylor Swift, Lebron James' Tax Info Exposed In Latest ProPublica IRS Leak

• https://www.zerohedge.com, by Tyler Durden

Ever since ProPublica published the first reports based on its leaked stash of "top secret" IRS files that were apparently leaked to the investigative media organization (how, or by whom, remains unclear), liberals and conservatives have reacted very differently, as Liberals reacted with outrage at the supposedly absurdly low rates paid by America's richest, while conservatives decried the leaks as the latest example of IRS corruption (remember back in the good 'ol days of the Obama Administration when the agency was caught discriminating against conservative groups by disproportionately targeting them for audits?)

Fast forward nine months, and the Biden Administration has rolled out its 'billionaires minimum tax' in its budget proposal for the 2023 fiscal year. Meanwhile nobody has been punished for the leaks (although a handful of Senate Republicans have been demanding answers).

At any rate, on Wednesday ProPublica decided it was time to revive the pressure on America's richest (conveniently just over a week after Elon Musk, one of the key subjects in the leaks, became embroiled in a controversy after becoming Twitter's largest shareholder) with its latest report based on the leaked, top-secret files.

This time, they have expanded the list of financially 'outed' wealthy people to include not just the uber-rich billionaire oligarchs like Jeff Bezos, but popular athletes and entertainers like Lebron James and Taylor Swift - and even noted Oscar-winning actor and environmentalist George Clooney.

The report starts by pointing out that to make it on the list, one needs to report $110 million or more in taxable income during the years covered by the leaks.


musicandsky.com/ref/240/