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Decades ago, rich Americans used to pay taxes as high as 40% on their investments. Nowadays, an obscure investment strategy is helping them slash that figure toward … 0%. Today on the show, Bloomberg reporter Loukia Gyftopoulou, tells us about this generation’s “great American tax dodge,” and the “mad genius” behind it.
A Tax Strategy for the Rich Built the World’s Largest Hedge Fund - Bloomberg
Fact checking by Sierra Juarez.
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— What’s a revenge tax?
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A Tax Strategy for the Rich Built the World’s Largest Hedge Fund - Bloomberg
Fact checking by Sierra Juarez.
Your Next Listen
— What’s a revenge tax?
Connect with The Indicator
— Sign up for The Indicator’s weekly newsletter!
— Buy the Planet Money book
— Find our socials, YouTube and more!
— For sponsor-free episodes, subscribe to NPR+
Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org.
See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
NPR Privacy Policy