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Steve Bannon put it best. Steve Bannon said "I'm a Lennonist" that is, I'm someone who wants to destroy the existing order. Many of these people, alt… - David Cay Johnston
" "Steve Bannon put it best. Steve Bannon said "I'm a Lennonist" that is, I'm someone who wants to destroy the existing order. Many of these people, although they... wouldn't put in these terms, hate the United States of America. ...They hate the fact that there are people of color... that there are people of a different religion in this country, that there are people who are not interested in worshiping the rich and trying to get rich, and certainly don't want to be taxed to subsidize the rich.
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About David Cay Johnston
(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).
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Birth Name:
David Cay Boyle Johnston
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DC Report
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Additional quotes by David Cay Johnston
Japan has mandatory unions. ...It's in their Constitution, and who wrote their Constitution? ...The staff of... General Douglas MacArthur, because he knew that if Japan had unions it would democratize the country, it would tend to equalize incomes, and it would help resist the bellicose tendencies of the aristocratic class in Japan. And it's worked brilliantly.
[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 ...
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