David Cay Johnston has probably forgot more about taxes than I’ll ever know. He teaches it at Syracuse University’s law school and in 2001 he won a Pulitzer Prize for exposing tax loopholes. He is about to publish a book called The Fine Print about how big business screws the little guys.
Anyway, Johnston has compiled a lot of research into an article called 9 Things the Rich Don’t Want You To Know About Taxes, which debunks all those myths and outright falsehoods of the so-called theory of supply side economics that were first proposed by Ronald Reagan, carried forward by the two Bushes and are now the mantra of the Tea Party right-wingnuts. It is a must-read, but unless you one of those top 1 percenters it will probably enrage you to learn how the rich take advantage of the rest of us.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment