The New York Times: Writing off the Warhol Next Door

And at a time when concerns about inequality have heightened criticism of government policies that favor the wealthiest sliver of society, these tax breaks have come under sharper scrutiny.

“I think these types of deals do not follow the intent, even if they follow the letter, of the law,” said Rebecca Wilkins, senior counsel on federal tax policy at the Institute on Taxation and Economic Policy. “They feed into the idea that the system is rigged toward the wealthy.”

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