3 ms·
I grep'ed the article for the word 'criminal' and came up empty. This is essentially a hit piece. Say what you will about Bezos, Thiel, et al., but they are jus
by enahs-sf 5y ago
I grep'ed the article for the word 'criminal' and came up empty. This is essentially a hit piece. Say what you will about Bezos, Thiel, et al., but they are just high profile targets that propublica is going after for the clicks. I question the ethics of these journalists.
- andrepd 5y agoMorality ≠ lawfullness. Many things are perfectly legal but profoundly immoral or unethical. The public has every right to know that they're being cheated like this, that working class people have to pay their taxes but the very rich don't.
- luffapi 5y agoWho cares if it’s criminal? Do you only read crime reports? I was unaware that a Roth IRA could be exploited like this until this piece enlightened me.
- FabHK 5y agoMaybe also grep synonyms: > Victor Fleischer, a tax law professor at the University of California, Irvine who has written about the valuation of founders’ shares, read the PayPal filings at ProPublica’s request. Buying startup shares at a discounted $0.001 price with a Roth, he asserts, would be indefensible. “That’s a huge scandal,” Fleischer said, adding, “How greedy can you get?”