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" "Martin Luther King Jr. said he had a dream that one day his four children would be judged by the content of their character, not by the color of their skin. ...Today we often value people less by their character than by the contents of their wallet. ...The pursuit of ever more financial zeros... has... produced a moral breakdown... twisting our culture and our values in ways that tear at the fabric of our society.
(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).
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Donald Trump has been involved with the Russians back to 1983. He has worked very hard to suppress a lawsuit about a quarter billion dollar tax fraud which he authorized. ...DCReport.org, the nonprofit news service that my friends and I started ...is in court trying to get access to some of the documents in this case that have been sealed, because Trump has been incredibly successful in hiding the record of his conduct.
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[I]f Reaganism worked, if Bush's tax cuts worked, America today would be swimming in jobs. That's what we were promised. It would lead to all this investment and all these jobs. Instead, it's led to this enormous concentration of wealth among people who could never consume that much wealth, and who now increasingly are putting it into financial products, rather than investing it in ways that will grow the economy. ...[W]e're socking it away ...American corporations, under a rule almost nobody knows about ...are limited in how much cash they can hold, unless they move it overseas. ...[O]nce you move if overseas they can have ...unlimited amounts of cash, and what have we seen happen? ...Corporations have almost 3 times as much cash overseas as they have at home, and they then take that cash and buy US treasuries. So we pay big corporations to not pay their taxes. ...The interest they will earn from the treasury will exceed the value of the tax, and we will collect 40 cents on the dollar or less of the actual tax. ...Literally it has become a profit center ...