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'The problem is much bigger' than the wealthiest 25 Americans avoiding taxes

'The problem is much bigger' than the wealthiest 25 Americans avoiding taxes

The nonprofit investigative journalism outlet ProPublica released a series of articles based on a treasure trove of tax records they obtained. The tax records focus on the wealthiest people in American society and reveal how little they pay in personal taxes.

The Week in Philly from KYW Newsradio

July 7, 202128m 19s

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Show Notes

The nonprofit investigative journalism outlet ProPublica released a series of articles based on a treasure trove of tax records they obtained. The tax records focus on the wealthiest people in American society and reveal how little they pay in personal taxes. Dr. Steven Balsam, Professor of Accounting at Temple University's Fox School of Business is on the KYW Newsradio In Depth podcast to talk about how it's possible to pay so little in taxes when you make so much, what it reveals about our tax system, and how to fix the problem.  

Read the ProPublica investigation here:

https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax

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