David Cay Johnston

David Cay Johnston is a Pulitzer prize-winning journalist, now retired from The New York Times. He is co-founder of DCReport.org, which covers what Trump does, not what he tweets.

Recent Articles

Three Big Tax Lies

And two must-read new books that finally debunk them.

If the last ten years of debt and jobs destruction have taught us anything, it’s that we must change our tax system and soon, or face economic disaster. Instead of maintaining our infrastructure, we are consuming it. Instead of investing in education and research with an eye to later wealth, we’re cutting our way to a poorer future. Yet concerning taxes, which finance our civilization and distribute the cost, three great lies permeate society, all of which delay our doing what needs to be done. The first lie, with a nod to comedic candidate Jimmy McMillan, is that the tax is just too damn high. The second lie is that if you cut the rates, revenues will increase. The third lie is that taxes have become too complex for even an Einstein to understand. Bruce Bartlett in The Benefit and the Burden and Martin A. Sullivan in Corporate Tax Reform demolish these lies with valuable primers, as complementary in their purpose as an easy chair and a reading lamp. Where ideological...

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