Consider the changes in income... the first full year after the Great Depression and the Great Recession... The economic rebound was widely shared in… - David Cay Johnston

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Consider the changes in income... the first full year after the Great Depression and the Great Recession... The economic rebound was widely shared in 1934, with strong income gains for the vast majority and a slight drop at the top, while in 2010 the opposite took place as the vast majority lost ground and those at the top scored big gains.

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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

Trying to get people to understand, as I'm going to try and do in my next book, that we can have a wholly different tax system that will actually make us wealthier... 'The Prosperity Tax'... It's going to be a tough sell because so many people have been brainwashed on this. ...Trying to tell them that we created this country so that we could tax ourselves.

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Donald has a degree on his office [wall] from Penn, an ivy league school in economics <nowiki>[</nowiki>]. He was given that degree, and I emphasize the verb "given" because he always said "Mexico is going to pay for the wall." ...[A]ll thinking people went "How are you going to make a sovereign nation pay for a wall they don't want?" "I have a plan!" Do you know what his plan was when he came into office? "I'm going to put a tariff on Mexican goods." It's a guy with an economics degree who doesn't know that a tariff... means we pay for the wall through higher prices? The man doesn't know anything.

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