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In 1990, I broke the story that, instead of being worth billions, as he'd claimed, Trump actually had a negative and escaped a chaotic collapse into … - David Cay Johnston
" "In 1990, I broke the story that, instead of being worth billions, as he'd claimed, Trump actually had a negative and escaped a chaotic collapse into personal bankruptcy only when the government took his side over the banks...
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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
[T]wo income households... Lots and lots of women are out there working at jobs that pay minimum wage or $8 an hour. ...[T]he result of the falling wage structure in this country is that the average family with children does 1,000 hours more paid labor today than it did back in the early '70s. ...That's working essentially half of the year. ...[M]arried women with children have often worked throughout history. A Christmas job, a Saturday job. They had what we used to call pin money, but they were not fundamental bread winners, and there are costs associated with this. We have costs for daycare [etc.]
I asked the federal government under an agency Trump just took control of, the (which has recovered multiples of its budget) for a copy of a receipt... evidence that a huge fine, supposedly paid by one of the banks was actually paid. ...[T]hey said... "You'll have to file a Freedom of Information Act request. This is the kind of administration we have.
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