Jesse Eisinger
ProPublica
New York, NY, United States
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Past articles by Jesse:
Meet the Billionaire and Rising GOP Mega-Donor Who’s Gaming the Tax System
Susquehanna founder and TikTok investor Jeff Yass has avoided $1 billion in taxes while largely escaping public scrutiny. He’s now pouring his money into campaigns to cut taxes and support election deniers. → Read More
When Billionaires Don’t Pay Taxes, People “Lose Faith in Democracy”
In an interview, Senate Finance Chair Ron Wyden described the effect of the tax dodging revealed in “The Secret IRS Files” and argued that his stalled efforts to make the ultrawealthy pay what he calls “their fair share” could still bear fruit. → Read More
These Real Estate and Oil Tycoons Avoided Paying Taxes for Years
Donald Trump and other ultrarich Americans have earned billions, but they’ve also managed to repeatedly avoid paying any federal income tax by claiming huge losses on their businesses. → Read More
The Billionaires Tax Isn’t New
Taxing billionaires on their wealth may sound novel, but the ideas behind it are already frequently used in the tax code. → Read More
The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax
ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing. → Read More
You May Be Paying a Higher Tax Rate Than a Billionaire
A new ProPublica analysis of a trove of IRS documents revealed that the richest 25 Americans pay a tiny fraction of their wealth in taxes. But even if you use the most conventional yardstick — income — the wealthiest still pay low rates. → Read More
How Afraid Should Corporate America Be of Joe Biden?
For starters, the president’s regulators seem to believe in regulation. → Read More
The Bailout Is Working — For the Rich —
The economy is in free fall but Wall Street is thriving, and stocks of big private equity firms are soaring dramatically higher. That tells you who investors think is the real beneficiary of the federal government’s massive rescue efforts. → Read More
How the Coronavirus Bailout Repeats 2008’s Mistakes: Huge Corporate Payoffs With Little Accountability —
As the government rushes to aid the economy, how that’s done, who benefits and who is left behind matter. So far, the signs are ominous. → Read More
The Trump Administration Is Giving a Pass to Corporate Wrongdoers of the Financial Crisis
Settlements with two big United Kingdom-based banks over financial crisis-era misdeeds reveal how the Trump administration has eased up on white-collar criminals. → Read More
How Trump’s Political Appointees Overruled Tougher Settlements With Big Banks —
After talks with well-connected lawyers for Barclays and Royal Bank of Scotland, senior Justice Department officials in Washington last year told career prosecutors who’d been investigating the banks’ misdeeds to settle for less than they wanted. → Read More
Why the Rich Don’t Get Audited
The I.R.S. doesn’t have the resources it needs to chase offshore accounts and tax cheats. → Read More
You Can’t Tax the Rich Without the IRS —
Until the budget-starved agency is restored, corporations and the wealthy will easily fend off attempts to increase the rates they pay. → Read More
The Top 0.5% Underpay $50 Billion a Year In Taxes and Crushed the IRS Plan to Stop Them —
Ten years ago, the tax agency formed a special team to unravel the complex tax-lowering strategies of the nation’s wealthiest people. But with big money — and Congress — arrayed against the team, it never had a chance. → Read More
Senators Urge IRS to Focus on Big-Time Tax Cheats, Citing ProPublica Stories
Bernie Sanders, Elizabeth Warren and three fellow senators say the agency should do more to tackle financial crimes, even in the face of crippling budget cuts. → Read More
Who’s More Likely to Be Audited: A Person Making $20,000 — or $400,000? —
If you claim the earned income tax credit, whose average recipient makes less than $20,000 a year, you’re more likely to face IRS scrutiny than someone making twenty times as much. How a benefit for the working poor was turned against them. → Read More
How the IRS Was Gutted —
An eight-year campaign to slash the agency’s budget has left it understaffed, hamstrung and operating with archaic equipment. The result: billions less to fund the government. That’s good news for corporations and the wealthy. → Read More
I.R.S. Tax Fraud Cases Plummet After Budget Cuts
Audits and criminal referrals are down sharply since Congress cut the tax agency’s budget and management changed priorities. → Read More
After Budget Cuts, the IRS’ Work Against Tax Cheats Is Facing “Collapse”
Audits and criminal referrals are down sharply since Congress cut the tax agency’s budget and management changed priorities. → Read More
Why Manafort and Cohen Thought They’d Get Away With It
It shouldn’t take a special counsel to uncover white-collar crimes, but it does. → Read More