Government Corruption News Stories

Excerpts of Key Government Corruption News Stories in Major Media

Below are key excerpts of revealing news articles on government corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.

Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

The White House said Friday it would delay the release of long-classified documents related to the assassination of former President John F. Kennedy. President Joe Biden wrote in a statement that the remaining files "shall be withheld from full public disclosure" until December 15 next year - nearly 60 years after Kennedy's assassination in Dallas, Texas in 1963. In 2017, former president Donald Trump released several thousand secret files on the assassination, but withheld others on national security grounds. The White House said the national archivist needs more time for a review into that redaction, which was slowed by the pandemic. Mr. Biden also said the delay was "necessary to protect against identifiable harm to the military defense, intelligence operations, law enforcement, or the conduct of foreign relations" and that this "outweighs the public interest in immediate disclosure." A 10-month investigation led by then-Supreme Court chief justice Earl Warren concluded that Lee Harvey Oswald, a former Marine who had lived in the Soviet Union, acted alone when he fired on Kennedy's motorcade. But the Commission's investigation was criticized for being incomplete, with a Congressional committee later concluding that Kennedy was "probably assassinated as a result of a conspiracy." U.S. law requires that all government records on the assassination be disclosed "to enable the public to become fully informed." The National Archives has released thousands of documents to the public as part of the ... JFK Act.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the JFK assassination from reliable major media sources.

About 18 months ago, in the lockdown summer of 2020, I started to argue that the Government's response to Covid is driven not so much by medical science or epidemiology, but instead by the psychological insights of behavioural scientists. Controversial "nudge theory" lies at the heart of Westminster's response. It refers to sneaky attempts to prime, prepare and prod us into their desired mindset and course of action, without us ever realising we are being coerced. Once nudge is seen, it can't be unseen. This week, the Government may have overplayed its hand. On Tuesday, Professor Neil Ferguson, the Imperial College epidemiologist whose modelling was used as the basis for the UK's lockdown policy, made an illuminating comment on BBC Radio 4's Today programme. "Nobody likes having their freedoms curtailed by measures but it's prudent to be cautious," he told presenter Sarah Smith, "and wearing masks certainly helps that: it reminds people we're not completely out of the woods yet." It was a startling admission, if we needed one, that masks are as much about psychology as they are about preventing infection. They act as a social cue, to use the language of behavioural scientists, nudging us into vigilance. These psychological cues are carefully calibrated, more so than many realise. In a document drawn up by the "Nudge Unit" ... scientists examine the success of Slovakia's mass testing programme, looking at how we could replicate that success in the UK.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.

Since 9/11, the government has been building a huge anti-terror apparatus. In the first few days, the entire blueprint for what would happen over the next decade was written, all in secret. The public didn't know. The media didn't know. And it would take us years to find out. In secret, the administration had authorized the CIA to use what they called "enhanced interrogation techniques." They can do a lot of things that used to be considered torture. Waterboarding, for example. By any definition, it's torture. The Justice Department called it "enhanced interrogation methods" and it approved seven of them, including waterboarding. It took reporter Dana Priest years to piece together where prisoners like Khalid Sheikh Mohammed were. They had been hidden in a secret network of CIA prisons known as "black sites." For the first time, the White House had approved the building of an international prison system entirely in secret. The Terrorist Surveillance Program authorized the NSA to intercept certain telephone calls and emails of American citizens without a warrant. The NSA created a global electronic dragnet capable of reaching into America's communication networks, capturing 1.7 billion intercepts every day. The NSA turned to a new force in the covert war, private contractors. You had this boom in the corporate intelligence world, as well, companies like CACI, Lockheed Martin, General Dynamics. The NSA spent billions of dollars on more than 480 private companies.

Note: For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and 9/11 from reliable major media sources.

A massive trove of private financial records shared with The Washington Post exposes vast reaches of the secretive offshore system used to hide billions of dollars from tax authorities, creditors, criminal investigators and – in 14 cases involving current country leaders – citizens around the world. The revelations include more than $100 million spent by King Abdullah II of Jordan on luxury homes in Malibu, Calif., and other locations; millions of dollars in property and cash secretly owned by the leaders of the Czech Republic, Kenya, Ecuador and other countries; and a waterfront home in Monaco acquired by a Russian woman who gained considerable wealth after she reportedly had a child with Russian President Vladimir Putin. Other disclosures hit closer to home for U.S. officials. The files provide substantial new evidence, for example, that South Dakota now rivals notoriously opaque jurisdictions in Europe and the Caribbean in financial secrecy. Tens of millions of dollars from outside the United States are now sheltered by trust companies in Sioux Falls, some of it tied to people and companies accused of human rights abuses and other wrongdoing. The trove, dubbed the Pandora Papers, exceeds the dimensions of the leak that was at the center of the Panama Papers investigation five years ago. That data was drawn from a single law firm, but the new material encompasses records from 14 separate financial-services entities.

Note: Some have suggested that the CIA was responsible for the earlier Panama Papers leak. For more along these lines, see concise summaries of deeply revealing news articles on financial industry corruption from reliable major media sources.

On Oct. 4, 2020 ... a group of doctors and medical experts, most of them specialists in epidemiology, immunology, and related public health disciplines, published a statement challenging the wisdom of the widespread COVID-19 lockdowns. The primary authors of the "Great Barrington Declaration" ... were three scientists: Martin Kulldorff, a professor of medicine at Harvard; Sunetra Gupta, an infectious disease epidemiologist at Oxford; and Jay Bhattacharya, a physician and professor at Stanford Medical School. The declaration ... was soon signed by thousands of additional public health scientists and doctors. "Current lockdown policies are producing devastating effects on short and long-term public health," [it said]. The scientists warned that "keeping these measures in place until a vaccine is available will cause irreparable damage, with the underprivileged disproportionately harmed." The relatively brief declaration was accompanied by a much more detailed analysis of lockdowns and their collateral damage, and of the best ways to shield the elderly and people in other high-risk groups. For a year, the three scientists have been "vilified." Bhattacharya [said] he is worried for his safety "amid a campaign to censor him on the [Stanford] campus where he has worked for 35 years." The Great Barrington authors were on target in doubting the advisability of sweeping lockdowns. Numerous studies have found that shutting down the economy was largely futile in preventing COVID's spread.

Note: Explore the website of the Great Barrington Declaration. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

A bomb hit the house. [Rua Moataz] Khadr and her two daughters were able to free themselves from the rubble that had fallen on them, but her 4-year-old son, Ibrahim Ahmed Yahya, was crushed to death. He was among the 9,000 to 11,000 civilians killed during the yearlong battle for Mosul. Khadr, like most bombing victims in Iraq, has no idea which nation was responsible for the airstrike that killed her son. Was it an American aircraft, British, Dutch? "Even if I found out, what would I do?" she told The Intercept. In its final days in Afghanistan, the U.S. conducted a drone strike that killed 10 civilians in Kabul – seven of them children. Their deaths bring up a thorny question surrounding the frequent U.S. killing of civilians in the 9/11 wars: What would justice look like for the families of civilians who have been wrongfully killed? The media attention generated by the Kabul strike has prompted a rare admission of guilt from the Pentagon and may ultimately lead to monetary compensation for the survivors. But byzantine laws in the U.S. make it all but impossible for foreigners to file for compensation if a relative was killed in combat. The only hope for most survivors is a "sympathy" payment from the U.S. military that does not acknowledge responsibility for causing the deaths. But unsurprisingly, those payments are rare: None were issued in 2020. Meanwhile, U.S. allies involved in bombing campaigns usually hide behind the shield of joint operations to avoid taking responsibility for civilian deaths.

Note: For more along these lines, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.

Last March, when President Obama travelled to Argentina to meet with the country's new President, Mauricio Macri, his public appearances were dogged by protesters who noisily demanded explanations, and apologies, for U.S. policies, past and present. There are few countries in the West where anti-Americanism is as vociferously expressed as in Argentina, where a highly politicized culture of grievance has evolved in which many of the country's problems are blamed on the United States. On the left, especially, there is lingering resentment over the support extended by the U.S. government to Argentina's right-wing military, which seized power in March of 1976 and launched a "Dirty War" against leftists that took thousands of lives over the following seven years. Obama's visit coincided with the fortieth anniversary of the coup. He pointedly paid homage to the Dirty War's victims by visiting a shrine built in their honor on the outskirts of Buenos Aires. In an address he gave at the shrine, Obama acknowledged what he characterized as American sins of omission, but he stopped short of issuing an outright apology. "Democracies have to have the courage to acknowledge when we don't live up to the ideals that we stand for," he said. "And we've been slow to speak out for human rights, and that was the case here."

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

In just a decade the Food and Drug Administration has evolved from amorphous obscurity deep within the capital bureaucracy into both the world's paramount regulator of consumer goods and the Federal Government's most criticized, demoralized and fractionalized agency. With the agency's ban on saccharin, it is again at a storm center of complaints from consumer groups that the action was too long delayed and from diet food interests that the step was capricious and without scientific justification. But the agency, a bureaucratic waif that is responsible for overseeing a staggering $200 billion worth of products yearly, is not only whipsawed by the public controversy, it is so demoralized that a number of its top positions long go unfilled, so burdened that it cannot keep up with the explosion of consumer goods and so battered by lawsuits and outside pressures that its power to make its decisions stick is sometimes undermined. In just the last three years the agency has been the target of more than 100 Congressional investigations, 50 highly critical reports by the General Accounting Office and a series of internal inquiries despairing of ever setting the place right. After his departure as Commissioner of the agency in 1969, Dr. Herbert E. Ley said that "what the F.D.A. is doing and what the public thinks it's doing are as different as night and day." He complained further that during his 18 month tenure he had been under "constant, tremendous, sometimes unmerciful pressure" from drug industry officials.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in Big Pharma from reliable major media sources.

When the pandemic hit, America needed someone to turn to for advice. The media and public naturally looked to Dr. Anthony Fauci - the director of the National Institute of Allergy and Infectious Diseases. Unfortunately, Dr. Fauci got major epidemiology and public health questions wrong. Reality and scientific studies have now caught up with him. By pushing vaccine mandates, Dr. Fauci ignores naturally acquired immunity among the COVID-recovered, of which there are more than 45 million in the United States. Mounting evidence indicates that natural immunity is stronger and longer lasting than vaccine-induced immunity. Under Fauci's mandates, hospitals are firing heroic nurses who recovered from COVID they contracted while caring for patients. While anyone can get infected, there is more than a thousand-fold difference in mortality risk between the old and the young. When confronted with the idea of focused protection of the vulnerable, Dr. Fauci admitted he had no idea how to accomplish it, arguing that it would be impossible. Instead, Dr. Fauci has pushed vaccine mandates for children, students and working-age adults who are already immune - all low-risk populations - causing tremendous disruption to labor markets and hampering the operation of many hospitals. Schools are major transmission points for influenza, but not for COVID. Considering the devastating effects of school closures on children, Dr. Fauci's advocacy for school closures may be the single biggest mistake of his career.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

At what point does a country achieve herd immunity? What portion of the population must acquire resistance to the coronavirus, either through infection or vaccination, in order for the disease to fade away and life to return to normal? Since the start of the pandemic, the figure that many epidemiologists have offered has been 60 to 70 percent. That range is still cited by the World Health Organization and is often repeated during discussions of the future course of the disease. Recently, a figure to whom millions of Americans look for guidance – Dr. Anthony S. Fauci, an adviser to both the Trump administration and the incoming Biden administration – has begun incrementally raising his herd-immunity estimate. In the pandemic's early days, Dr. Fauci tended to cite the same 60 to 70 percent estimate that most experts did. About a month ago, he began saying "70, 75 percent" in television interviews. And last week, in an interview with CNBC News, he said "75, 80, 85 percent" and "75 to 80-plus percent." In a telephone interview the next day, Dr. Fauci acknowledged that he had slowly but deliberately been moving the goal posts. He is doing so, he said, partly based on new science, and partly on his gut feeling that the country is finally ready to hear what he really thinks. Hard as it may be to hear, he said, he believes that it may take close to 90 percent immunity to bring the virus to a halt – almost as much as is needed to stop a measles outbreak. The Centers for Disease Control and Prevention offers no herd immunity estimate, saying on its website that "experts do not know."

Note: Dr. Fauci here is admitting he deceived the public by stating lower numbers in order to manipulate the public into taking the vaccines. So how much can we trust him? For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.

After the FBI seized Joseph Ruiz's life savings during a raid on a safe deposit box business in Beverly Hills, the unemployed chef went to court to retrieve his $57,000. A judge ordered the government to tell Ruiz why it was trying to confiscate the money. It came from drug trafficking, an FBI agent responded in court papers. Ruiz's income was too low for him to have that much money, and his side business selling bongs made from liquor bottles suggested he was an unlicensed pot dealer, the agent wrote. The FBI also said a dog had smelled unspecified drugs on Ruiz's cash. The FBI was wrong. When Ruiz produced records showing the source of his money was legitimate, the government dropped its false accusation and returned his money. Ruiz is one of roughly 800 people whose money and valuables the FBI seized from safe deposit boxes they rented at the U.S. Private Vaults store in a strip mall. Federal agents had suspected for years that criminals were stashing loot there, and they assert that's exactly what they found. The government is trying to confiscate $86 million in cash and a stockpile of jewelry, rare coins and precious metals taken from about half of the boxes. But six months after the raid, the FBI and U.S. attorney's office in Los Angeles have produced no evidence of criminal wrongdoing by the vast majority of box holders whose belongings the government is trying to keep. About 300 of the box holders are contesting the attempted confiscation.

Note: In the recent past, police have been caught using asset forfeiture to pad departmental budgets. For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

Dr. Anthony Fauci made $417,608 in 2019, the latest year for which federal salaries are available. That made him not only the highest paid doctor in the federal government, but the highest paid out of all four million federal employees. In fact, Dr. Fauci even made more than the $400,000 salary of the President of the United States. All salary data was collected by OpenTheBooks.com via Freedom of Information Act requests. Only federal employees whose salaries were funded by taxpayers were included in the study. In a ten-year period between 2010 and 2019, Fauci made $3.6 million in salary. Dr. Fauci became the early face of the White House Coronavirus Task Force, appearing daily, often in a live broadcast, to update the nation on the emerging COVID-19 disease. In March 2020, he convinced President Donald Trump on the 15-day lockdown policy to try and flatten the curve, and reportedly advocated on March 29, 2020, for extending the policy beyond its initial 15 days. Vice President Mike Pence, who chaired the Taskforce, might have outranked Dr. Fauci in authority, but the VP's $235,100 salary in 2019, was less than the well-paid NIH director with whom he shared the stage. Their Taskforce colleague Dr. Deborah Birx earned $305,972 in 2019, also less than Dr. Fauci's salary. In comparison to Dr. Fauci: Speaker Nancy Pelosi will earn $223,500 this year. U.S. Supreme Court Chief Justice John Roberts will make $270,700.

Note: How did this man get to be paid more than the U.S. president? For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

The National Institutes of Health has stunningly admitted to funding gain-of-function research on bat coronaviruses at China's Wuhan lab – despite Dr. Anthony Fauci repeatedly insisting to Congress that no such thing happened. In a letter to Rep. James Comer (R-Ky.) on Wednesday, a top NIH official blamed EcoHealth Alliance – the New York City-based nonprofit that has funneled US funds to the Wuhan lab – for not being transparent about the work it was doing. NIH's principal deputy director, Lawrence A. Tabak, wrote in the letter that EcoHealth's "limited experiment" tested whether "spike proteins from naturally occurring bat coronaviruses circulating in China were capable of binding to the human ACE2 receptor in a mouse model." Gain-of-function research refers to viruses being taken from animals before they are genetically altered in a lab to make them more transmissible to humans. The admission from the NIH official directly contradicts Fauci's testimony to Congress in May and July, when he denied the US had funded gain-of-function projects in Wuhan. As recently as last month, Fauci was accused of lying about gain-of-function research after documents, obtained by the Intercept, detailed grants given to EcoHealth Alliance for bat coronavirus studies. [A] grant proposal detailed in the trove of documents was for a project titled "Understanding the Risk of Bat Coronavirus Emergence," which involved screening thousands of bat samples, as well as people who worked with live animals, for novel coronaviruses.

Note: CNN in this video put tough questions to a top NIH director about lies made by Fauci regarding gain-of-function research. And why did the NIH change this original webpage so that in the changed webpage the entire section on gain-of-function research is deleted and the title changed? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Senior CIA officials during the Trump administration discussed abducting and even assassinating WikiLeaks founder, Julian Assange. The discussions on kidnapping or killing Assange took place in 2017, Yahoo News reported, when the fugitive Australian activist was entering his fifth year sheltering in the Ecuadorian embassy. The then CIA director, Mike Pompeo, and his top officials were furious about WikiLeaks' publication of "Vault 7", a set of CIA hacking tools, a breach which the agency deemed to be the biggest data loss in its history. Some senior officials inside the CIA and the Trump administration went as far as to request "sketches" or "options" for killing Assange. "There seemed to be no boundaries," a former senior counterterrorist official was quoted as saying. The kidnapping or murder of a civilian accused of publishing leaked documents, with no connection to terrorism, would have triggered global outrage. Pompeo raised eyebrows in 2017 by referring to WikiLeaks as a "non-state hostile intelligence service". It was a significant designation, as it implied a green light for a more aggressive approach to the pro-transparency group by CIA operatives, who could treat it as an enemy espionage organization. Barry Pollack, Assange's US lawyer ... told Yahoo News: "As an American citizen, I find it absolutely outrageous that our government would be contemplating kidnapping or assassinating somebody without any judicial process simply because he had published truthful information."

Note: For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption from reliable major media sources.

The United States has been secretly seeding clouds over North Vietnam, Laos and South Vietnam to increase and control the rainfall for military purposes. Government sources, both civilian and military, said during an extensive series of interviews that the Air Force cloud seeding program has been aimed most recently at hindering movement of North Vietnamese troops and equipment and suppressing enemy antiaircraft missile fire. The disclosure confirmed growing speculation in Congressional and scientific circles about the use of weather modification in Southeast Asia. Despite years of experiments with rainmaking in the United States and elsewhere, scientists are not sure they understand its long term effect on the ecology of a region. The weather manipulation in Indochina, which was first tried in South Vietnam in 1963, is the first confirmed use of meteorological warfare. Although it is not prohibited by any international conventions on warfare, artificial rainmaking has been strenuously opposed by some State Department officials. According to interviews, the Central Intelligence Agency initiated the use of cloud seeding over Hue, in the northern part of South Vietnam. "We first used that stuff in about August of 1963," one former C.I.A. agent said. "The agency got an Air America Beechcraft and had it rigged up with silver iodide. There was another demonstration and we seeded the area. It rained." A similar cloud seeding was carried out by C.I.A. aircraft in Saigon at least once during the summer of 1964.

Note: Yet many believe weather modification is not possible. Why is that? The US Air Force has called weather modification a force multiplier in warfare. For more along these lines, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.

On Tuesday, the supreme court issued an order requiring the Biden administration to reinstate the Trump-era policy that required asylum seekers from Central America to stay across the border in Mexico while their claims are adjudicated. On Thursday, the court blocked an extension of the federal emergency ban on evictions, gutting a 1944 law that gave the CDC the authority to implement such measures to curb disease, and endangering the 8m American households that are behind on rent – who now, without federal eviction protection, may face homelessness. Both of these orders last week were issued in the dead of night. Their opinions were truncated, light on the details of their legal reasoning, and unsigned. Vote counts were not issued showing how each justice decided. And despite the enormous legal and human impact that the decisions inflicted, they were the product of rushed, abbreviated proceedings. The court did not receive full briefs on these matters, heard no oral arguments and overrode the normal sequence of appellate proceedings to issue their orders. Welcome to the "shadow docket", the so-called emergency proceedings that now constitute the majority of the supreme court's business. Minimally argued, rarely justified and decided without transparency, shadow docket orders were once a tool the court used to dispense with unremarkable and legally unambiguous matters. The shadow docket's expanded use raises troubling questions – both for transparency, and for the separation of powers.

Note: For more along these lines, see concise summaries of deeply revealing news articles on court system corruption from reliable major media sources.

[During] the "swine flu affair of 1976" ... a US president decided to rush a vaccine to the entire American population based on ill-founded science and political imprudence. The mistakes that followed hold lessons for today. Lawsuits, side-effects and negative media coverage followed, and the events dented confidence in public health for years to come. It began at a US Army training base. In February 1976, several soldiers at Fort Dix fell ill with a previously unrecognised swine flu. In March, President Ford announced a $137m (Ł67.5m in 1976) effort to produce a vaccine by the autumn. Its goal was to immunise every man, woman and child in the US. The president himself was vaccinated on television on 14 October, further heightening perceptions that this was a politicised event. As has happened throughout the Covid-19 pandemic of 2020, the scientists could only give the best advice they could based on incomplete knowledge. As the months continued – still with no outbreak – new problems arose. Millions of vaccinations meant dozens of cases of Guillain-Barre syndrome, a rare problem where the body's immune system attacks the nerves. The swine flu strain spotted at Fort Dix was not dangerous, and there would be no pandemic. When politicians in the present day talk of "the science" as if it is a complete body of knowledge, a manual for what to do, it neglects the uncertainty of evidence and ignores that science is a human endeavour. The swine flu affair, the New York Times concluded, had been a "sorry debacle" and "fiasco" marked by political expediency and unwarranted confidence.

Note: Watch an incrediby revealing "60 Minutes" video clip on this tragic story of greed and corruption at the highest levels. Read also a Los Angeles Times article on this 1976 "debacle" where only one died from the flu while at least 25 died from the vaccine. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and vaccines from reliable major media sources.

The popular, once bipartisan idea to hold down Medicare costs is now at the center of President Joe Biden's domestic agenda. Legislation backed by the administration calls for Medicare to mirror other government agencies, such as the Department of Veterans Affairs, in being able to negotiate for cheaper medicine through the Part D program. The idea could potentially save the government nearly $500 billion over a decade. The drug pricing proposal could also translate to lower prescription costs across the board. The drug industry, according to its top lobbyist, Stephen Ubl, has made defeating the provision its top priority. Inside the Beltway, the opposition is coming from familiar faces. Many leading Democratic lawmakers and staff have been hired by the drug industry to convince their former colleagues to abandon the drug pricing proposal. Pfizer alone has assembled a lobbying team that includes Dean Aguillen, a former adviser to House Speaker Nancy Pelosi, D-Calif.; Remy Brim, a former health policy adviser to Sen. Elizabeth Warren, D-Mass.; and over half a dozen aides to senior Senate Democrats. Ann Jablon, former chief of staff to Rep. Richard Neal, D-Mass. ... currently represents several drug companies as a lobbyist, including Amgen Inc., Astellas Pharma, and Bayer. Pharmaceutical Research and Manufacturers of America, the trade group that represents the largest drug companies in the world, has also gone on a hiring spree of Democratic lobbyists.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and Big Pharma profiteering from reliable major media sources.

The top 1% of Americans are avoiding paying an estimated $163 billion in taxes a year, according to the Treasury Department. That is pushing the estimated tax gap, the amount of money owed by taxpayers that isn't collected, to nearly around $600 billion annually, and to approximately $7 trillion in lost revenue over the next decade, the Treasury Department finds. Tax evasion is concentrated among the wealthy in part because high-income taxpayers are able to employ experts who can better shield them from reporting their true incomes. More complicated incomes such as partnerships and proprietorships – more frequent among high earners – have a far greater noncompliance rate that can hit as high as 55%. "The tax gap can be a major source of inequity. Today's tax code contains two sets of rules: one for regular wage and salary workers who report virtually all the income they earn; and another for wealthy taxpayers, who are often able to avoid a large share of the taxes they owe," wrote Treasury Deputy Assistant Secretary for Economic Policy Natasha Sarin. The IRS is unable to collect about 15% of taxes owed and the lack of resources has led to a fall in audit rates. For the IRS to appropriately enforce tax laws against high earners and large corporations, it would need money to hire and train agents who can examine thousands of pages of sophisticated tax filings. The Biden administration is pushing to raise the IRS budget by $80 billion over 10 years to help increase enforcement, IT and taxpayer services.

Note: For more along these lines, see concise summaries of deeply revealing news articles on income inequality from reliable major media sources.

The secret wealth and dealings of world leaders, politicians and billionaires has been exposed in one of the biggest leaks of financial documents. Some 35 current and former leaders and more than 300 public officials are featured in the files from offshore companies, dubbed the Pandora Papers. They reveal the King of Jordan secretly amassed Ł70m of UK and US property. They also show how ex-UK PM Tony Blair and his wife saved Ł312,000 in stamp duty when they bought a London office. The couple bought an offshore firm that owned the building. The leak also links Russian President Vladimir Putin to secret assets in Monaco, and shows the Czech Prime Minister Andrej Babis - facing an election later this week - failed to declare an offshore investment company used to purchase two villas for Ł12m in the south of France. It is the latest in a string of leaks over the past seven years, following the FinCen Files, the Paradise Papers, the Panama Papers and LuxLeaks. The examination of the files is the largest organised by the International Consortium of Investigative Journalists (ICIJ), with more than 650 reporters taking part. Some figures are facing allegations of corruption, money laundering and global tax avoidance. But one of the biggest revelations is how prominent and wealthy people have been legally setting up companies to secretly buy property in the UK. The documents reveal the owners of some of the 95,000 offshore firms behind the purchases.

Note: Read about the Panama Papers leak that previously shed light on the tax havens of the elite. For more along these lines, see concise summaries of deeply revealing news articles on financial corruption and income inequality from reliable major media sources.

Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.