[Plura-list] Tali Farhadian Weinstein paid virtually no tax on millions and millions

[Cory Doctorow]

Today's links

* Tali Farhadian Weinstein paid virtually no tax on millions and
millions: And she wants to be the Manhattan DA and go after Trump's
tax-dodging.

* This day in history: 2006, 2011, 2016, 2020

* Colophon: Recent publications, upcoming/recent appearances, current
writing projects, current reading

_,.-'~'-.,__,.-'~'-.,__,.-'~'-.,__,.-'~'-.,__,.-'~'-.,_

🦺 Tali Farhadian Weinstein paid virtually no tax on millions and millions

If you're still scraping your jaw off the floor after Propublica's
monster story on tax-dodging among the ultra-wealthy, then buckle up,
because they're not anywhere close to reporting out that leaked data.

https://pluralistic.net/2021/06/08/leona-helmsley-was-a-pioneer/#eat-the-rich

Today's story from The Secret IRS Files is about Tali Farhadian
Weinstein, the ultrawealthy frontrunner candidate for the Democratic
primary for DA of Manhattan.

https://www.propublica.org/article/leading-manhattan-da-candidate-has-repeatedly-paid-virtually-no-federal-income-taxes

Farhadian Weinstein and her husband - hedge fund manager Boaz Weinstein
- earn stupendous amounts of money ($107m in 2011!) and pay virtually no
tax.

"In 2017... she and her husband paid no federal income tax. In 2015 and
2013, they also paid no federal income tax. In 2014, she and her husband
paid $6,584."

Farhadian Weinstein is the frontrunner in the primary in part because
she's got millions and millions of dollars to spend on her campaign -
most recently, she donated $8.2m to that campaign.

She's raised millions more, in large-dollar sums, from the finance
sector, transforming the Manhattan DA primary into a game of moneyball
in which she has outraised other candidates by 600-1,000%.

If she becomes Manhattan DA, one of the cases she'll manage is the
investigation into Donald Trump's tax frauds.

Unlike Trump, Farhadian Weinstein isn't accused of breaking the law -
merely exploiting its loopholes to pay an overall average tax rate of
12.6% from 2010-18.

That is a period in which her household saw hundreds of millions of
dollars in income - and also a period in which she (like Jeff Bezos)
claimed $5k in child tax credit for middle- and low-income families.

Farhadian Weinstein told Propublica in the years in which her family had
"net income" they paid "more than 50% of our income in Federal, State
and New York City tax." Propublica says that in the years in question,
they paid 25.9% on millions, while the top rate was 35-39.6%.

Meanwhile, in years like 2013, the couple were able to declare no "net
income" on earnings of $1.5m, in part by declaring $1m in "miscellaneous
expenses" (Farhadian Weinstein declined to explain what these were).

Again, no one says she broke the law, but rather, that she exploited the
law to get a deal that the voters of New York City couldn't hope to get
for themselves, that in so doing, she amassed a vast fortune, and that
she's using that fortune to buy high office.


_,.-'~'-.,__,.-'~'-.,__,.-'~'-.,__,.-'~'-.,__,.-'~'-.,_

🦺 This day in history

#15yrsago Spammer: I’ll buy MySpace profiles with more than 20k contacts
http://www.brooklynskiclub.com/2006/06/easy-money-sell-your-friends.html

#15yrsago Psychology of bad probability estimation: why lottos and
terrorists matter
https://web.archive.org/web/20060627174933/http://server1.sxsw.com/2006/coverage/SXSW06.INT.20060311.DanielGilbert.mp3

#10yrsago What Lies Beneath the Clock Tower: steampunk
choose-your-own-adventure
https://memex.craphound.com/2011/06/17/what-lies-beneath-the-clock-tower-steampunk-choose-your-own-adventure/

#10yrsago Work song of Ghanian postal workers cancelling stamps
https://blog.wfmu.org/freeform/2005/12/work_song_from_.html

#5yrsago Hong Kong bookseller: I was forced to confess on China TV
https://www.bbc.com/news/av/world-asia-china-36552672

#5yrsago Wisconsin Congresswoman: mandatory drug tests for anyone
claiming $150K in itemized tax-deductions
https://www.theguardian.com/us-news/2016/jun/16/gwen-moore-drug-test-rich-for-tax-deductions

#5yrsago $40,000/year private school sues school for low-income kids for
$2M
https://www.bostonglobe.com/metro/2016/06/16/can-school-lay-claim-commonwealth-its-name-back-bay-institution-believes-can/WHwiaaPEn04cIY6uxXjoiO/story.html

#5yrsago Oakland mayor denies firing police chief over officers who
statutorily raped teen sex-worker
https://eastbayexpress.com/badge-of-dishonor-top-oakland-police-department-officials-looked-away-as-east-bay-cops-sexually-exploited-and-trafficked-a-teenager-2-1/

#5yrsago Not robots: youth unemployment caused by late retirement,
driven by pension precarity
https://thebaffler.com/salvos/exit-planning-geoghegan

#5yrsago Your cable operator is spying on you and selling the data from
your set-top box
https://www.publicknowledge.org/press-release/public-knowledge-defends-consumer-privacy-in-set-top-box-data-complaint-to-fcc-ftc

#5yrsago 12 year old makes devastating video about anti-vaxxers, gets
doxxed https://skepchick.org/2016/06/anti-vaxxers-dox-a-child-critic/

#5yrsago British Pro-EU MP murdered in the street by man shouting
“Britain first!”
https://theintercept.com/2016/06/16/british-referendum-campaign-suspended-killing-pro-europe-lawmaker-jo-cox/

#5yrsago The Orlando shooting, according to the Congressmen who took the
most money from the NRA
https://jezebel.com/heres-how-the-congressmen-who-have-gotten-the-most-cash-1782083985

#5yrsago Supreme Court ruling is a blow to copyright trolling
business-model
https://arstechnica.com/tech-policy/2016/06/attorneys-in-copyright-case-on-resold-textbooks-inch-closer-to-2m-payday/

#5yrsago Paramount tells judge that they’re still suing over Star Trek
fan-film
https://www.hollywoodreporter.com/business/business-news/paramount-says-star-trek-fan-903497/

#1yrago Hue and cry, posses, sheriffs
https://pluralistic.net/2020/06/17/on-face-interaction/#before-cops

#1yrago Robots aren't stealing your job
https://pluralistic.net/2020/06/17/on-face-interaction/#zombie-robots

_,.-'~'-.,__,.-'~'-.,__,.-'~'-.,__,.-'~'-.,__,.-'~'-.,_

🦺 Colophon

Currently writing:

* Spill, a Little Brother short story about pipeline protests.
Wednesday's progress: 272 words (6274 words total).

* A Little Brother short story about remote invigilation.  PLANNING

* A nonfiction book about excessive buyer-power in the arts, co-written
with Rebecca Giblin, "The Shakedown."  FINAL EDITS

* A post-GND utopian novel, "The Lost Cause."  FINISHED

* A cyberpunk noir thriller novel, "Red Team Blues."  FINISHED

Currently reading: Analogia by George Dyson.

Latest podcast: How To Destroy Surveillance Capitalism (Part 06)
https://craphound.com/nonficbooks/destroy/2021/05/10/how-to-destroy-surveillance-capitalism-part-06/

Upcoming appearances:

Recent appearances:

* The ACCESS Act, Consumer Reports:
https://www.consumerreports.org/digital-rights/an-interview-with-tech-activist-and-author-cory-doctorow-a1943952645/

* Raging Chicken podcast:
https://rcpress.podbean.com/e/out-dcoup-live-cory-doctorow-on-his-book-how-to-destroy-surveillance-capitalism/

* Darts and Lasers podcast:
http://www.dartsandletters.ca/2021/06/11/ep24-darts-and-lasers-ft-cory-doctorow-nalo-hopkinson-batya-weinbaum/

Latest book:

* "Attack Surface": The third Little Brother novel, a standalone
technothriller for adults. The *Washington Post* called it "a political
cyberthriller, vigorous, bold and savvy about the limits of revolution
and resistance." Order signed, personalized copies from Dark Delicacies
https://www.darkdel.com/store/p1840/Available_Now%3A_Attack_Surface.html

* "How to Destroy Surveillance Capitalism": an anti-monopoly pamphlet
analyzing the true harms of surveillance capitalism and proposing a
solution.
https://onezero.medium.com/how-to-destroy-surveillance-capitalism-8135e6744d59
(print edition:
https://bookshop.org/books/how-to-destroy-surveillance-capitalism/9781736205907)
(signed copies:
https://www.darkdel.com/store/p2024/Available_Now%3A__How_to_Destroy_Surveillance_Capitalism.html)

* "Little Brother/Homeland": A reissue omnibus edition with a new
introduction by Edward Snowden:
https://us.macmillan.com/books/9781250774583; personalized/signed copies
here:
https://www.darkdel.com/store/p1750/July%3A__Little_Brother_%26_Homeland.html

* "Poesy the Monster Slayer" a picture book about monsters, bedtime,
gender, and kicking ass. Order here:
https://us.macmillan.com/books/9781626723627. Get a personalized, signed
copy here:
https://www.darkdel.com/store/p1562/_Poesy_the_Monster_Slayer.html.

Upcoming books:

* The Shakedown, with Rebecca Giblin, nonfiction/business/politics,
Beacon Press 2022

This work licensed under a Creative Commons Attribution 4.0 license.
That means you can use it any way you like, including commercially,
provided that you attribute it to me, Cory Doctorow, and include a link
to pluralistic.net.

https://creativecommons.org/licenses/by/4.0/

Quotations and images are not included in this license; they are
included either under a limitation or exception to copyright, or on the
basis of a separate license. Please exercise caution.

_,.-'~'-.,__,.-'~'-.,__,.-'~'-.,__,.-'~'-.,__,.-'~'-.,_

🦺 How to get Pluralistic:

Blog (no ads, tracking, or data-collection):

Pluralistic.net

Newsletter (no ads, tracking, or data-collection):

https://pluralistic.net/plura-list

Mastodon (no ads, tracking, or data-collection):

https://mamot.fr/web/accounts/303320

Medium (no ads, paywalled):

https://doctorow.medium.com/

(Latest Medium column: "Illegitimate Greatness," on what we can learn
from Ida M Tarbell's century-old critique of John D Rockefeller
https://doctorow.medium.com/illegitimate-greatness-674353e7cdf9)

Twitter (mass-scale, unrestricted, third-party surveillance and
advertising):

https://twitter.com/doctorow

Tumblr (mass-scale, unrestricted, third-party surveillance and advertising):

https://mostlysignssomeportents.tumblr.com/tagged/pluralistic

"*When life gives you SARS, you make sarsaparilla*" -Joey "Accordion
Guy" DeVilla


-- 

FOR PUBLIC SAFETY REASONS, THIS EMAIL HAS BEEN INTERCEPTED BY YOUR
GOVERNMENT AND WILL BE RETAINED FOR FUTURE ANALYSIS

--

Cory Doctorow
doctorow at craphound.com
Blog: https://pluralistic.net
Newsletter: https://pluralistic.net/plura-list
Medium: https://doctorow.medium.com
Upcoming appearances: https://craphound.com/?page_id=4667
Books: https://craphound.com
Podcast: https://feeds.feedburner.com/doctorow_podcast
Announcements list: https://mail.flarn.com/mailman/listinfo/doctorow-l

For avoidance of doubt: This email does not constitute permission to add
me to your mailing list.

READ CAREFULLY. By reading this email, you agree, on behalf of your
employer, to release me from all obligations and waivers arising from
any and all NON-NEGOTIATED  agreements, licenses, terms-of-service,
shrinkwrap, clickwrap, browsewrap, confidentiality, non-disclosure,
non-compete and acceptable use policies ("BOGUS AGREEMENTS") that I have
entered into with your employer, its partners, licensors, agents and
assigns, in perpetuity, without prejudice to my ongoing rights and
privileges. You further represent that you have the authority to release
me from any BOGUS AGREEMENTS on behalf of your employer.

As is the case with every email you've ever received, this email has not
been scanned for all known viruses.


-------------- next part --------------
A non-text attachment was scrubbed...
Name: signature.asc
Type: application/pgp-signature
Size: 195 bytes
Desc: OpenPGP digital signature
URL: <http://mail.flarn.com/pipermail/plura-list/attachments/20210617/9349a9f5/attachment.sig>