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Inflation, combined with the end of real growth in wages beginning in 1973, created... "bracket creep" that moved people into higher tax brackets eve… - David Cay Johnston
" "Inflation, combined with the end of real growth in wages beginning in 1973, created... "bracket creep" that moved people into higher tax brackets even if... real incomes were unchanged.
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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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Unlike individuals, who must take responsibility for their conduct, corporations' legal responsibility... has benefited from limits to that responsibility established by law. The rationale... is that people who... build a business would not take the same risks if failure meant they would lose... their houses, cars... and everything else. ...[T]hey can go about their corporate business, creating enterprises and generating wealth.
The hiring of Manafort and others, specifically , a Russian-born real estate mogul with mob ties whose 2015 emails indicate that he hoped to help secure both a Moscow-based real estate deal and the American presidency for Trump—showed a disturbing pattern of associations with those around Vladimir Putin, head of the in Moscow...
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