Ellis Simani
Have a tip? Send it Here!
Ellis Simani is a data reporter at ProPublica.
![](https://talkingpointsmemo.website/wp-content/uploads/2021/03/GettyImages-82880353-scaled.jpg?w=150&h=150&crop=1)
Secret IRS records reveal dozens of highly fortuitous biotech and health care trades. One executive bought shares in a corporate partner just before a sale, and an investor traded options right before a company’s revenues took off, netting millions.
![](https://talkingpointsmemo.website/wp-content/uploads/2021/07/GettyImages-1183807121.jpg?w=150&h=150&crop=1)
Owners like Steve Ballmer can take the kinds of deductions on team assets — everything from media deals to player contracts — that industrialists take on factory equipment. That helps them pay lower tax rates than players and even stadium workers.
![](https://talkingpointsmemo.website/wp-content/uploads/2020/04/GettyImages-1216889974.jpg?w=150&h=150&crop=1)
ProPublica found landlords in at least four states have violated the ban, which was put in place by the CARES Act but has no clear enforcement mechanism.