How billionaires like Jeff Bezos, Elon Musk, and Warren Buffett pay so little in income tax compared to their massive wealth—sometimes, even nothing.

Ten years ago, the tax agency formed a special team to unravel the complex tax-lowering strategies of the nation’s wealthiest people. It never had a chance.

From the beginning, Intuit recognized that its success depended on two parallel missions: stoking innovation in Silicon Valley while stifling it in Washington. Indeed, employees ruefully joke that the company’s motto should actually be “compromise without integrity.”

An eight-year campaign to slash the agency’s budget has left it understaffed, hamstrung and operating with archaic equipment. The result: billions less to fund the government. That’s good news for corporations and the wealthy.

Black people struggling with debts are far less likely than their white peers to gain lasting relief from bankruptcy. A style of bankruptcy practiced by lawyers in the South is primarily to blame.

Racial discrimination and the collection of small consumer debts.