Collin Anderson writes for the Washington Free Beacon about an inconvenient fact for Texas’ Democratic US Senate candidate.
Texas Democrat James Talarico says he’s running for Senate to make “the wealthiest Americans pay their fair share of taxes.” And yet, one week after launching his campaign, he quietly formed an LLC whose registered agent is a high-profile Austin accountant known for helping the wealthy “escape” taxes. Talarico could use the arrangement to lower the tax burden on the advance and royalty payments he will receive as a part of a book deal with the publishing giant HarperCollins he signed in March.
Talarico registered the company, Nine Banded LLC, with the Texas secretary of state on Sept. 16, 2025, one week after he officially entered the U.S. Senate race in Texas, business filings reviewed by the Washington Free Beacon show. Its registered agent is Eric Pierre of Pierre Accounting, according to the filings, which list the firm’s Austin office as the LLC’s principal address.
Pierre “provides sophisticated tax and financial stewardship for high-net-worth individuals” through “advanced tax strategies” and “bespoke wealth preservation planning,” according to his website. In other words, he helps the wealthy lower their tax bills, as Pierre has discussed in interviews and in his book, The Great Tax Escape: Why Making More Money Doesn’t Mean You Have to Pay More in Taxes. The book tells the story of a business owner, Mark, who “hit it big” before “feeling guilty about his success” and concluding he should pay the IRS “whatever they say” because he doesn’t “want to be one of those rich guys who doesn’t pay their fair share.” Pierre rebuts Mark’s sentiments before outlining the tax strategies he deploys to help clients “keep hundreds of thousands of dollars more each year.”
“I hear this kind of thing all the time,” Pierre writes, referring to Mark in a section titled “The Guilt Trap.” “It’s like we’ve been programmed to think that minimizing taxes is greedy or irresponsible. But let me tell you, that view isn’t just wrong—it’s potentially harmful to you, your family, and, believe it or not, to society as a whole.”
