Private Inequity: How a Powerful Industry Conquered the Tax System
The New York Times,
2021
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Private equity always seems to win at the tax-avoidance game. That’s unsurprising for a sector that retains attorneys able to run circles around their counterparts at the understaffed US Internal Revenue Service, and that deploys a bevy of well-heeled lobbyists to quash government attempts to curb the industry’s questionable practices. In this eye-opening article, journalists Jesse Drucker and Danny Hakim report how changes in US tax law continue to redound to private equity’s advantage.
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About the Authors
Jesse Drucker and Danny Hakim are investigative reporters at The New York Times.
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