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" "The super rich... largely control what the government knows about their incomes. And their friends in Congress have slashed budgets for inspecting the tax returns...
(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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[W]e have the highest percentage of children who go to bed hungry of any modern country. You wouldn't know from reading the news or watching TV that America has a hunger problem, that all across America we have communities, in the country, in the suburbs, in the city, where volunteers send home backpacks full of food for families on the weekend, because otherwise these kids would not eat.
[R]ailroads are by far the most deadly form of commercial transportation in the country. ...Measure deaths by distance traveled... and trains are 52 times more deadly than trucks. Trains kill 130 people per 100 million miles traveled, compared with 2.5 deaths in big-rig truck accidents and 1.9 deaths in plane crashes.
One of the stories that I tell in Free Lunch when I talk about the hedge fund business in the United States and the hedge fund managers who pay taxes at the same rate as janitors... a 15% tax rate on their incomes... The average hedge fund manager in 2006, remember the hedge fund managers keep telling us that if you raise our taxes the whole economy be negatively affected, said that it was not fair to have them pay more than a 15% rate. Of course, school teachers and reporters pay 25% or 31%. Well-to-do Americans pay 35% and... the top hedge fund manager's average income was only $11 million... a week! But they can't afford the taxes.