loophole

Billionaire’s Secret: A Decades-Old Medicare Loophole

Paul Kiel / ProPublica Dec 11, 2024 On Wall Street, some of the most powerful people in finance have found a way to opt out of paying Medicare taxes. Dig deeper ( 14 Min. Read )

NSA Loophole Permits Warrantless Invasion of Americans’ Privacy

Alexander Reed Kelly / Truthdig Aug 9, 2013 Top secret documents passed to The Guardian by Edward Snowden show the National Security Agency has a "secret backdoor" into its databases that allows its agents to search U.S. citizens' email and phone calls without a warrant or other oversight. Dig deeper ( 2 Min. Read )

Fracking Chemical Disclosure Hides Behind ‘Trade Secrets’

By Cora Currier, ProPublica Apr 25, 2012 Requirements to disclose the chemical makeup of fluids used in fracking are often limited by a "trade secrets" provision under which companies can claim that a proprietary chemical doesn't have to be disclosed to regulators or the public. Dig deeper ( 3 Min. Read )

Obama Talks Corporate Tax Cuts and Loopholes

Staff / Truthdig Feb 22, 2012 So the official story here is that President Obama says he wants to cut the country's corporate tax rate by seven percentage points, dropping it from 35 percent to 28 percent, which gives him a nice tax-related headline on a day when similar stories are cropping up about the competition. Dig deeper ( 1 Min. Read )

Senate Lets Sharks Keep Their Fins for Christmas

Staff / Truthdig Dec 23, 2010 The Senate has moved to close a loophole that allows fishing concerns in America's corner of the Pacific Ocean to engage in finning -- that's when you catch a shark, cut off its fin and dump the mutilated, still living-but-not-for-long animal back in the water so it can suffer to death. Dig deeper ( 1 Min. Read )

A Healthy Start … With Loopholes

Bill Boyarsky / Truthdig Mar 25, 2010 Now that President Barack Obama has signed health reform into law, insurance industry lobbyists will turn their attention to trying to cripple it This will be done under the pretense of improving the reform proposal -- or, as they say in the lobbying business, loving the law to death. Dig deeper ( 4 Min. Read )