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Internal revenue service officials features complained so you can congressional investigators one challenging such valuations is costly and you may go out-drinking, and this demands a little army out of professionals to visit facing strong-pocketed taxpayers. In the middle of howls out of protest on the later years globe and you will a great Senate and Home subject to Republicans, Wyden’s proposition went nowhere. One to exact same seasons, Thiel offered the new offers, nonetheless inside their Roth, his financial secretary afterwards informed The brand new Zealand authorities. Towards the end of 2002, Thiel’s Roth is actually really worth $twenty-eight.5 million, income tax info inform you. While the extent and you may measure of these account is never in public noted, Congress has long been familiar with the lifetime — plus the ballooning tax holiday breaks these people were garnering on the ultrawealthy.
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