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Paul Kiel

@paulkiel.bsky.social

194 followers 7 following 0 posts

ProPublica reporter who writes about taxes. www.propublica.org/people/paul-kiel

Posts Replies Media

Reposted by Paul Kiel

Charles Ornstein @charlesornstein.bsky.social · 08/07/2026

What could go wrong? NEW: Wall Street Wants to Change the Rules for Your 401(k). It Could Put Your Retirement at Risk. by @paulkiel.bsky.social

propublica.org

Wall Street Wants to Change the Rules for Your 401(k). It Could Put Your Retirement at Risk.

Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — inv...

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Reposted by Paul Kiel

ProPublica Guild @propublicaguild.org · 01/05/2025

Today, we issued a letter — signed by 70% of our unit — to @sengelberg.bsky.social and @robinsparkman.bsky.social asking them to uphold ProPublica’s values of fairness, transparency and accountability at the bargaining table.

Dear Steve and Robin,
Since we unionized in 2023, we have worked hard to reach a contract that honors ProPublica's
mission. In order to fulfill that vision, our values of fairness, transparency and accountability
must apply not only to our reporting but also to our workplace.
Our proposals have sought basic contractual rights that align with those values and exist at
many other unionized newsrooms.
Instead of working with us to codify those rights, you have struck through many of our
proposals, called for broad carve outs and delayed discussion of key provisions such as
protections against layoffs and overwork. Those tactics are not in line with the ProPublica you
say you want to build.
In recent months:
● You have refused to allow stewards in performance meetings that could lead to
discipline.
● You have resisted attempts to reform our disciplinary system, rejecting a standard
approach to just cause and measures to improve transparency and clarity.
● You rejected our proposal that would ensure our jobs will not be replaced by artificial
intelligence.
What we are seeking is simple: ProPublica management must uphold its values in its own
workplace. We expect that your proposals going forward will reflect these shared values.
Sincerely,
ProPublica Guild

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Reposted by Paul Kiel

ProPublica @propublica.org · 18/12/2024

NEW: A host of billionaires — sports team owners, oil barons, Wall Street traders and others — have managed to avoid paying a tax on investment income. propub.li/41EtbPK

propub.li

How Billionaires Have Sidestepped a Tax Aimed at the Rich

Wall Street financiers were a clear target of the tax, but some, on questionable legal grounds, have claimed their outsized profits were exempt, sometimes avoiding hundreds of millions in taxes.

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Reposted by Paul Kiel

Jesse Eisinger @jeisinger.bsky.social · 11/12/2024

Excellent piece from my buddy Paul Kiel on an obscure loophole that allows billionaires to avoid Medicare tax: www.propublica.org/article/medi...

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Reposted by Paul Kiel

Brian Galle @bdgesq.bsky.social · 18/12/2024

I'm quoted in this nice rundown of how some finance billionaires have shaved 3.8% off their tax bills. My deep sympathies to Paul Kiel, who had to listen to my detailed explanation of the caselaw on the difference between traders and investors, a morass so murky I generally refuse to teach it.

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