The Surreal Politics of a Billionaire’s Tax Loophole

The Surreal Politics of a Billionaire’s Tax Loophole

This story was co-published with The Daily Beast. For years, Democratic elected officials in Washington have been wary of going after Wall Street excesses too hard, lest the deep-pocketed financial industry throw all its resources to Republicans. This has been especially true of one of the most notorious targets for financial reform: the favorable tax treatment…




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