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Alec MacGillis

Rick Perry Secretly Gave Billions To Corporations While Governor Of Texas

The soon-to-be U.S. energy secretary doled out billions in grants and tax incentives for corporations while governor of Texas. One $30 million grant went to an energy group that turned out to be a phantom.

January 04th, 2017

By Alec MacGillis

Rick Perry Secretly Gave Billions To Corporations While Governor Of Texas

(REPORT) --- Donald Trump's selection of Rick Perry to lead the Department of Energy has prompted many Democrats to question Perry's qualifications for the position. While he governed a state rich in fossil fuels and wind energy, Perry has far less experience than President Obama's two energy secretaries, both physicists, in the

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Revenge Of The Forgotten Class

Hillary Clinton and the Democrats were playing with fire when they effectively wrote off white workers in the small towns and cities of the Rust Belt.

November 11th, 2016

By Alec MacGillis

Revenge Of The Forgotten Class

In March, I was driving along a road that led from Dayton, Ohio, into its formerly middle-class, now decidedly working-class southwestern suburbs, when I came upon an arresting sight. I was looking for a professional sign-maker who had turned his West Carrollton ranch house into a distribution point for Trump yard signs, in high

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Fact-checking Trump And Clinton On The Billionaire’s Tax Break

When the presidential candidates vowed on Sunday to eliminate the “carried-interest” loophole, they left out some important context.

October 14th, 2016

By Alec MacGillis

Fact-checking Trump And Clinton On The Billionaire’s Tax Break

The only thing Hillary Clinton and Donald Trump seemed to agree upon in last Sunday’s debate — indeed, one of the few substantive policy exchanges they had — was the need to eliminate a tax benefit that collectively saves private equity, real estate, and venture capital partners billions of dollars each year. But their exchange might have left

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Massachusetts Contact Tracing Program Handed to Clinton-Linked NGO with Questionable Past

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Clinton Vows To Close Billionaire Tax Loophole, So Why Is She Still Receiving Their Support?

Hillary Clinton has gone even further than Donald Trump in promising to kill a tax break that benefits some of the wealthiest people in finance. So why are private equity titans giving all their campaign money to Clinton?

September 07th, 2016

By Alec MacGillis

Clinton Vows To Close Billionaire Tax Loophole, So Why Is She Still Receiving Their Support?

For years, Democratic elected officials in Washington have been wary of going after Wall Street excesses too hard, lest the deep-pocketed financial industry throw all its resources to Republicans. This has been especially true of one of the most notorious targets for financial reform: the favorable tax treatment of the outsized compensation

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