# Here’s how the ultrarich avoid paying taxes Page: https://stenobird.com/podcast/make-me-smart-678917/here-s-how-the-ultrarich-avoid-paying-taxes Text version: https://stenobird.com/podcast/make-me-smart-678917/here-s-how-the-ultrarich-avoid-paying-taxes.md Podcast: [Make Me Smart](https://stenobird.com/podcast/make-me-smart-678917) Published: 2026-04-14T20:45:00+00:00 Episode link: https://www.marketplace.org/episode/2026/04/14/heres-how-the-ultrarich-avoid-paying-taxes Audio file: https://pscrb.fm/rss/p/mgln.ai/e/5/dts.podtrac.com/redirect.mp3/play.publicradio.org/podcast/o/marketplace/make_me_smart/2026/04/14/mms_20260414_MMS_128.mp3?awCollectionId=mkp-MMsmrt&awEpisodeId=01KP6QY934CVVSW2782CA7K9D0 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/make-me-smart-678917/episodes/here-s-how-the-ultrarich-avoid-paying-taxes Duration seconds: 1054 ## Resource In her book “The Second Estate,” Boston College Law School professor Ray Madoff argues that the tax code in the United States lets billionaires keep their wealth outside of the tax system, leaving the heaviest burden to lower- and middle-income, working Americans. On today’s show, Madoff joins Kimberly to explain the “tax avoidance playbook” and why Congress has let certain loopholes go unclosed for decades. Plus, why a wealth tax may not be the simple solution you think it is. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/make-me-smart-678917/episodes/here-s-how-the-ultrarich-avoid-paying-taxes/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/make-me-smart-678917/here-s-how-the-ultrarich-avoid-paying-taxes.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.