While only a minority of people was taxed during World War II, the politicians got a taste of the huge revenues... by expanding the tax base. After t… - David Cay Johnston

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While only a minority of people was taxed during World War II, the politicians got a taste of the huge revenues... by expanding the tax base. After the war... the income tax was steadily expanded until it applied to most Americans...

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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

When you and I were young and a company laid people off, you would see the president, not the CEO... in those days, say "...I'm gonna work for a dollar a year" or "I'm going to take no bonuses until everybody is rehired." Today it's... "Ooh, I fired 10,000 people. I'll get a bigger bonus!"

[C]lassical "corporations"... existed not for profit but in service of the state. ...A key tenet ...has changed since ancient times... If a business fails, the chief executive does not have to become a slave to the bank... Corporations... have inverted the Roman equation: ...the state serves them.

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Trump has himself reduced his life philosophy to a single word—revenge. ...Repeatedly he has said in talks and in books that destroying the lives of people he considers disloyal gives him pleasure. That Trump does not recognize ethical limits on conduct... derives from his fundamental character, narcissism.

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