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No serious coverage of taxes is possible without reading the journal Tax Notes published by , a nonprofit enterprise whose beneficiaries include repo… - David Cay Johnston
" "No serious coverage of taxes is possible without reading the journal Tax Notes published by , a nonprofit enterprise whose beneficiaries include reporters.
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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
Alternative Names:
DC Report
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Additional quotes by David Cay Johnston
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...
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