Major corporations are pocketing your taxes

Nobody has done more to expose the infinite ways in which the American economy is rigged to benefit those at the top than Pulitzer Prize-winning journalist David Cay Johnston. His rigorously researched books –Perfectly Legal, Free Lunch and now his latest, The Fine Print, are not recommended for people with egalitarian views and high blood pressure – they’re every bit as maddening to contemplate as they are informative.Last week, AlterNet caught up with Johnston by phone. Below is a lightly edited transcript of our discussion.Joshua Holland: David, for years you’ve reported how those who can afford the right accountants game this labyrinthian and opaque tax-code of ours. How surreal has it been for you to observe the amount of political conflict we’ve faced over the past few years over returning the top marginal rates to the same rate they were during the Clinton era — taking them from 35 percent to 39 percent?Continue Reading…

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Major corporations are pocketing your taxes


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