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Jun 18, 2024

Closing a $50 billion tax loophole for the wealthy

The Treasury and IRS announced a new initiative Monday to close a tax loophole for wealthy people that could raise more than $50 billion in revenue over the next decade. Plus, the evolving economics of “gayborhoods” in U.S. cities.

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Closing a $50 billion tax loophole for the wealthy — J. David Ake / Getty Images

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Segments From This Episode

The Treasury Department and IRS announce new plan to close tax loophole
by Stephanie Hughes
J. David Ake / Getty Images
It could lead to collecting more than $50 billion dollars in tax revenue over ten years.
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From “gay neighborhoods” to “gay regions,” how LGBTQ community spaces are changing
by Nova Safo and Erika Soderstrom
Timothy A. Clary/AFP via Getty Images
Gentrification appears to have sparked a new development in LGBTQ+ communities.
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The Team

David Brancaccio Host
Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Ariana Rosas Producer
Nic Perez Director/Producer
Dylan Miettinen Digital Producer
John Bruington Media Producer
Jesson Duller Media Producer
Brian Allison Technical Director
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC
Lis Mahy Producer, BBC

Subscribe:

Closing a $50 billion tax loophole for the wealthy

Subscribe:

Segments From This Episode

The Treasury Department and IRS announce new plan to close tax loophole

From “gay neighborhoods” to “gay regions,” how LGBTQ community spaces are changing

The Team