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" "Trump doesn't know anything. ...Trump's own words and conduct ...and his comments on many issues ...show how appallingly ignorant he is.
(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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[H]e brought into the White House a host of people with fringe ideas, some of them Islamophobes... white nationalists... xenophobes, and many... sharing Trump's ignorance of science. ...[M]any ...had no qualifications ...for the posts ...he got the advice and consent of ...senators despite testimony revealing some as ...know-nothings and one ...determined to destroy the agency he now runs.
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Since the corporate income tax began in 1909, Congress has imposed a penalty tax, currently 15 percent, on excess cash and near-cash... Without such, a corporation could... become a huge tax shelter, withdrawing resources from the economy instead of investing in new plant...equipment... jobs and paying dividends... But President Reagan signed a law that... so long as the money was owned by offshore subsidiaries, American companies could hold unlimited amounts of cash. ...[C]ompanies now siphon profits out of the United States under the guise of... tax deductible expenses...