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" "Everything has rules... The rules that we set really determines who benefits and who bears the burden. ...[W]e have all of these policies ...that largely determine what's happening. ...[I]n America... we live in a society... where coming out of the Great Recession, a third [33%] of all increased income through 2012 went to the top 16,000 households, that's the 1% of the 1% [1 out of 10,000], 95% of that income went to the top 1%, and the bottom 90 per cent's income actually fell... to the level of 1966... [T]hat happened because the government rules, in many ways, from who gets access to quality education, to who gets proper health care, to incarceration policies, are shaping what's happening to our society.
(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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Adam Smith, in his lessor known book, , says that the greatest corruption of our moral sentiments is a tendency to almost worship the rich, and to hold in bad regard people who are poor. ...[O]ur politicians reflect this, even though many of them will tell you... how religious they are. ...[T]hey obviously have not studied their religious texts because, if they did, they would know that (in the case of the Christians, for example) you are supposed to give all that thou hast to the poor. That's a standard I'm not willing to meet, but that's the standard that you are supposed to meet... It's certainly not to be mean and literally deny hungry children food.