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with Kai Ryssdal

11/06/2017: Tax avoidance is OK, evasion is not

Tax havens aren't all white sand and palm trees — Montana and Wyoming offer the same kind of anonymity for shell companies. And there are important distinctions between illegal  activity and tax avoidance. Speaking of taxes, we dig a little deeper into the new tax bill, looking at the impact of removing alimony deductions and discussing just how pro-growth it is with Neil Bradley, senior vice president and chief policy officer at the U.S. Chamber of Commerce. Plus, a fact check on President Donald Trump's statement that arms sales are job creation and a look at the day-to-day life of Puerto Ricans who had to leave the island because of power outages and food shortages.

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Navigator Ceres, a liquefied petroleum gas ship owned by Navigator Holdings Ltd., in Brevik, Norway, in March 2016.
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Marketplace® is your liaison between economics and life. Noted for timely, relevant and accessible coverage of business news across both audio and digital platforms, Marketplace programs are heard by more than 14 million weekly listeners. This makes the Marketplace portfolio the most widely heard business or economic programming in the country.