[S]tate and local governments alone spend at least $70 billion a year of taxpayer's money to subsidize factories, office buildings [etc.]... $900 per… - David Cay Johnston

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[S]tate and local governments alone spend at least $70 billion a year of taxpayer's money to subsidize factories, office buildings [etc.]... $900 per year for a family of four.

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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).

Also Known As

Birth Name: David Cay Boyle Johnston
Alternative Names: DC Report

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Additional quotes by David Cay Johnston

Except for a handful of people, Peter Gosselin at the Los Angeles Times who's done some big series, and a few other reporters here and there, now and then, why is it that this issue of income redistribution and government taking from the many and giving to the few is not being reported widely. You are not reading about it in many, many, many newspapers around the country. I would think it would be one of the major things.

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Child poverty [has] increased in this country since 1980, even though we have had divorce rates fall. We have hundreds of thousands of young people who don't go to college because they can't afford it. ...[F]rom tax data, the average income of the bottom half of Americans is $15,000 per tax payer. ...It's right out of the IRS tables. Some people say it's unfair to use that because there's income that isn't counted, like Social Security payments, and it's taxpayers not households, but even if you go to households, the cost of going to state college now is about $10,000... If you go to household income, even at the typical median level, $50,000; how somebody making $50,000, with even two children, can afford $10,000 a year for college for kids is amazing. When you and I were kids college was paid for. It was free to us. Society paid for it because they were investing in the future. Now, we're putting road blocks in the way of the most valuable asset we have. We're subsidizing the owners of baseball teams and football teams, which is lots of fun, but it's trivia, and we're doing it, in part, by cutting money for this.

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