Business owners who are prudent about making promises and are known for honoring their word often go through life without a single lawsuit. Trump has… - David Cay Johnston

Rewriting the economic rules... in the past few decades has been done under the banner of "" and its promise that less government means more economic growth. The term itself is a misnomer. No society is free from regulation. Everything has rules...

Wyoming Corporate Services... for a fee, will create a company, set up a bank account, appoint officers and directors... provide a lawyer as a corporate director so the company can invoke attorney-client privilege... [and] make any required regulatory filings... without anyone being able to ascertain, without a court order, who is behind any corporation it creates.

[I]f Reaganism worked, if Bush's tax cuts worked, America today would be swimming in jobs. That's what we were promised. It would lead to all this investment and all these jobs. Instead, it's led to this enormous concentration of wealth among people who could never consume that much wealth, and who now increasingly are putting it into financial products, rather than investing it in ways that will grow the economy. ...[W]e're socking it away ...American corporations, under a rule almost nobody knows about ...are limited in how much cash they can hold, unless they move it overseas. ...[O]nce you move if overseas they can have ...unlimited amounts of cash, and what have we seen happen? ...Corporations have almost 3 times as much cash overseas as they have at home, and they then take that cash and buy US treasuries. So we pay big corporations to not pay their taxes. ...The interest they will earn from the treasury will exceed the value of the tax, and we will collect 40 cents on the dollar or less of the actual tax. ...Literally it has become a profit center ...