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Coverage dated June 16, 2024

IRS unveils plan to end this major tax loophole used by the wealthy

Headline from NBC New York

The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.

NBC New York's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

29 articles, oldest first.

  1. Winchester Star

    The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process (opens Winchester Star)

    Published

    Winchester Star's feed description

    The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade. That

  2. NBC New York

    IRS unveils plan to end this major tax loophole used by the wealthy (opens NBC New York)

    Published

    NBC New York's feed description

    The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.

  3. Truthout

    IRS Announces It Will Crack Down on Loophole Exploited by the Superrich (opens Truthout)

    Published

    Truthout's feed description

    The Treasury Department estimates that the new IRS initiative could raise more than $50 billion in federal revenue.

  4. Time

    The IRS Wants to End a Major Tax Loophole for the Wealthy (opens Time)

    Published

    Time's feed description

    Due to previous years of underfunding, the IRS had cut back on the auditing of wealthy individuals.

  5. The Boston Globe

    IRS wants to end another major tax loophole for the wealthy, raise $50 billion in the process (opens The Boston Globe)

    Published

    The Boston Globe's feed description

    The IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade, the US Treasury Department says.

  6. NBC News

    IRS plans to raise $50 billion over 10 years, closing loophole exploited by the wealthy (opens NBC News)

    Published

    NBC News's feed description

    The IRS estimates it will raise more than $50 billion over the next decade by closing a loophole often exploited by wealthy filers seeking to avoid paying taxes.

  7. Insider

    The door is slamming shut on a $50 billion tax loophole used by the super-rich (opens Insider)

    Published

    Insider's feed description

    The Treasury and IRS proposed new tax regulations for the uber-wealthy that will result in $50 billion in tax revs over the next decade.

  8. St. Louis Post-Dispatch

    IRS to end another major tax loophole for the wealthy and raise $50 billion in the process (opens St. Louis Post-Dispatch)

    Published

    St. Louis Post-Dispatch's feed description

    The IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade, the U.S. Treasury Department said Monday.

  9. FOX Business

    IRS plans to close 'major' tax loophole used by wealthy Americans (opens FOX Business)

    Published

    FOX Business's feed description

    The IRS and Treasury Department announced plans to end a major tax loophole that is used by wealthy Americans to reduce how much they owe to Uncle Sam.

  10. Forbes

    IRS Targets High-Earners With Crackdown On Popular Tax Loophole (opens Forbes)

    Published

    Forbes's feed description

    The IRS estimates the initiative could raise more than $50 billion in new tax revenue for the federal government over the next decade.

  11. CBS News

    The IRS is cracking down on a tax loophole for the rich. The effort could raise $50 billion. (opens CBS News)

    Published

    CBS News's feed description

    The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.

  12. Portland Press Herald

    IRS to end another major tax loophole for wealthy, hopes to raise $50 billion in the process (opens Portland Press Herald)

    Published

    Portland Press Herald's feed description

    The Treasury Department plans to enact rules that would prevent certain large businesses from depreciating the same asset repeatedly.

  13. Quartz

    The IRS says it can raise $50 billion by closing an 'abusive' tax loophole used by the ultra-rich (opens Quartz)

    Published

    Quartz's feed description

    Ending what's known as "basis shifting" could generate tens of billions of dollars in tax revenue over a decade

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

IRS unveils plan to end this major tax loophole used by the wealthy | Since Then