Congress lets business owners, investors and landlords play by one set of rules, which are filed with opportunities to hide income, fabricate deducti… - David Cay Johnston

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Congress lets business owners, investors and landlords play by one set of rules, which are filed with opportunities to hide income, fabricate deductions and reduce taxes. Congress requires wage earners to operate under another, much harsher set of rules in which every dollar of income... is reported to the government, and taxes are withheld... to make sure [they] pay in full.

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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

[I]n modern language we think of "idiot" as someone who is stupid or a fool. That is not the classical meaning... An idiot is someone who cares only about himself and has no regard for anyone else, and that's terribly important when you think about tyrants. ...[W]e think of tyrants as people who are horrible... oppressors. ...[I]n its classic historic meaning, tyrant was simply someone who ceased power.

We needed to fix the TPP, but Donald killed it, and did nothing to replace it. ...That creates a vacuum, and into that vacuum stepped president Xi. The RCEP is the led by Beijing. It's 15 countries (not us, just as TPP didn't include China)... plus India. ...[W]hen I was in Australia... I was astonished... They were all saying that Australia is going to have to reorient its trade policies towards Beijing, because there is no American leadership.

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