In 2006... China, Japan, Canada, and Mexico—accounted for 60 percent of our worldwide trade deficit of $764 billion. - David Cay Johnston

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In 2006... China, Japan, Canada, and Mexico—accounted for 60 percent of our worldwide trade deficit of $764 billion.

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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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What about competent managers? ...Vladimir Putin seems to be a reasonably competent manager... the leader of the biggest international gang in the world. These are the criminals who stole the wealth of the old Soviet... and the way that criminal gang leaders work... "This is your territory, that's your territory. Don't bother me. If there's a problem I'll intervene. If necessary I'll have one of you wacked. Because I want to do what I want to do." By the way, that's the way the s operated in Egypt. "I don't want to deal with people's petty problems." So they set up the equivalent of a modern wage and hour court in 1350 BC. You delegate... you set certain boundaries. That's how tyrants operate.

Trump has... lived a life of thumbing his nose at conventions and law enforcement, learning... from his father, Fred, whose business partner was an associate of the Gambino and Genovese crime families. He has long been in deep with mobsters, domestic and foreign, along with corrupt union bosses and assorted swindlers. Trump even spent years deeply entangled with a major international drug trafficker who, like many of the others, enjoyed their mutually lucrative arrangements.

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After the Sixteenth Amendment... the federal government... enacted a regime to tax incomes, gifts and estates... with the explicit promise that the basic means of sustaining life would not be taxed. The original tax regime applied only to the economic elite, to... "surplus" incomes. ...[I]ncome from capital was taxed more heavily ...in the belief that it was morally offensive to take more from money earned by the sweat of one's brow ...

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