Secret IRS records reveal dozens of highly fortuitous biotech and health care trades. One executive bought shares in a corporate partner just before a sale, and an investor traded options right before a company’s revenues took off, netting millions.
Never-before-seen IRS records show that CEOs are sometimes making multimillion-dollar bets on the stocks of direct competitors and partners — and doing so with exquisite timing.
ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.
Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.
After a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide massive benefits to billionaires.
In the years after the undisclosed trip to Alaska, Republican megadonor Paul Singer’s hedge fund has repeatedly had business before the Supreme Court. Alito has never recused himself.
A recent ProPublica investigation showed how ICWA was being unevenly applied in some states, breaking up Native American families that should have received additional protections under the law. There’s still room for improvement, advocates say.
The Department of Transportation allowed trucking lobbyists to review an unpublished report recommending a safety device that could save lives by preventing pedestrians and cyclists from getting crushed under large trucks.
by Kartikay Mehrotra, ProPublica, and A.C. Thompson, ProPublica and FRONTLINE, photography by Amy Osborne for ProPublica
While launching a statewide program to distribute packets to dissolve opioids, Attorney General Ken Paxton worked to connect its leaders with the state’s comptroller, who oversees the distribution of millions of dollars in opioid settlement money.
Disastrous test scores increasingly show how steep a toll the COVID-19 era exacted on students, particularly minorities. Schools are grappling with how to catch up, and the experience of one city shows how intractable the obstacles are.
Lauren Davila made a stunning discovery as a graduate student at the College of Charleston: an ad for a slave auction larger than any historian had yet identified. The find yields a new understanding of the enormous harm of such a transaction.
by Jennifer Berry Hawes, photography by Gavin McIntyre for ProPublica
The fate of Wisconsin election administrator Meagan Wolfe is a stark reminder that even though courts and voters across the country have rejected election denialism, it remains a factor in this key battleground state.
Dr. James Eason, who earned acclaim by operating on Steve Jobs, led the transplant center named in his honor at Methodist University Hospital in Memphis. An internal analysis by Eason’s own team details the preventable deaths under his watch.
by Max Blau, photography by Lucy Garrett for ProPublica
As many as five House seats could flip in 2024 after the Allen v. Milligan ruling, in which the Supreme Court upheld a key provision of the Voting Rights Act.
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