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The Indicator from Planet Money · Monday, September 28, 2026

The Enduring Appeal of Tax Avoidance for Hedge Funds

Despite potential regulatory scrutiny and a growing public conversation about taxing the wealthy, hedge funds are expected to continue offering sophisticated tax avoidance strategies. Lucretia Gifpolu suggests that unless these methods are declared illegal, firms will persist in providing them to clients seeking to minimize their tax obligations.

The tape

1 quote
“Hedge funds gonna hedge fund. You know, they're just going to keep making money for the clients, and if they can offer it to them, they will. And then if someone comes and says, this is illegal, then they're going to have to stop it. And somebody might have to pay a lot of money for it in penalties. But until then, it's just going to keep growing.”
Lucretia Gifpolu
Heard on The Indicator from Planet Money — “How the rich make money by losing money”, published Monday, September 28, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.01