Paul Kiel

New York

Consumer Finance Reporter at ProPublica

ProPublica reporter covering business. Email me at paul.kiel(at)https://t.co/SIZI18wUoD.

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Articles

How Many Cars Have Connecticut Towing Companies Sold? The DMV Can’t Tell Us.

Jan 14, 2025 | propublica.org | Dave Altimari |Ginny Monk |Paul Kiel |Alec MacGillis

This article was produced for ProPublica’s Local Reporting Network in partnership with The Connecticut Mirror and originally published in our Dispatches newsletter; sign up to receive notes from our journalists. In the summer of 2022, a source called me with a tip about towing.
How a decades-old loophole lets billionaires avoid Medicare taxes

Dec 26, 2024 | tucsonsentinel.com | Paul Kiel

ProPublica This story was originally published by ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox.
How a Decades-Old Loophole Lets Billionaires Avoid Medicare Taxes

Dec 18, 2024 | talkingpointsmemo.com | Paul Kiel

This story first appeared at ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. For most working Americans, paying their share of the taxes that fund Medicare is an unavoidable fact of life. It’s so automatic for many workers that they may not even realize it takes a bite out of every paycheck.
How Billionaires Sidestepped the Net Investment Income Tax

Dec 18, 2024 | propublica.org | Paul Kiel

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Fourteen years ago, Congress set out to remedy a basic unfairness in the tax code. The tax that funds Medicare, because it’s aimed mainly at wages, hits even the poorest American workers. But the wealthy could easily avoid paying their share.
How a decades-old loophole lets billionaires avoid Medicare taxes

Dec 13, 2024 | nationofchange.org | Paul Kiel

For most working Americans, paying their share of the taxes that fund Medicare is an unavoidable fact of life. It’s so automatic for many workers that they may not even realize it takes a bite out of every paycheck. In theory, everyone is required to contribute to the country’s health insurance program for seniors, no matter how poor or rich, from cashiers to CEOs.Not on Wall Street. There, some of the most powerful people in finance found a way to opt out.
How billionaires avoid paying Medicare taxes

Dec 11, 2024 | alternet.org | Paul Kiel

Reporting HighlightsTax Dodge: Most working Americans have to pay Medicare taxes, but some of the richest figures on Wall Street have found a way to opt out, a ProPublica investigation found. Accidental Loophole: Nearly 50 years ago, Congress tried to fix one financial abuse but unwittingly created an obscure loophole that these billionaires exploit to avoid Medicare taxes.
How a Decades-Old Loophole Lets Billionaires Avoid Medicare Taxes

Dec 11, 2024 | flipboard.com | Paul Kiel

16 hours agoDon’t despair over Soto’s megadeal: The Mets and their big-spending owner will get what they deserve. When did common sense about the difference between “price” and “value” stop being at the core of our methods of measurement? Sometimes, we reach a moment when we sense that we’ve become uncentered, …
The Tax-Preparation Racket Might Be Coming to an End

Jun 12, 2024 | jacobin.com | Paul Kiel

Interview by Arjun Singh For decades, the makers of tax-preparation software, like TurboTax owner Intuit, have worked to prevent Americans from filing taxes for free with the federal government. Through a combination of aggressive lobbying and search-engine manipulation, Intuit and other corporations have kept Americans reliant on their services, despite a US government effort to introduce a free filing service.
"He ripped off the tax system": IRS audit could cost Trump more than $100 million

Jun 10, 2024 | salon.com | Paul Kiel |Russ Buettner

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. A massive trove of tax information obtained by ProPublica, covering thousands of America’s wealthiest individuals, reveals what’s inside the billionaires’ bag of tricks for minimizing their personal tax bills — sometimes to nothing.
Minnesota AG Sues Contract-for-Deed Seller Who Allegedly Targeted Muslim Community

May 14, 2024 | propublica.org | Jessica Lussenhop |Paul Kiel |Russ Buettner |Mark Olalde

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every week.