David Cay Johnston

Meltdown redux

By David Cay Johnston
November 15, 2011

The author is a Reuters columnist. The opinions expressed are his own.

KANSAS CITY, Mo. –  The U.S. politician-businessman that Congress put in charge of determining the reasons for the 2008 financial crisis has a sobering message for us: “It’s going to happen again.”

A history of audit failures

By David Cay Johnston
November 11, 2011
The author is a Reuters columnist. The opinions expressed are his own.

The admission by Olympus Corp that it falsified financial reports for more than a decade should not shock anyone. The shock is that, for years, auditors failed to detect such massive fraud.

You’re paying taxes, so why aren’t energy companies?

By David Cay Johnston
November 8, 2011

By David Cay Johnston

The views expressed are his own.

In a competitive market, economists argue endlessly about who bears the burden of corporate income tax. Is it owners, who get a smaller net return? Or workers, who make less? Or suppliers, who get lower prices? Or customers, who pay higher prices?

A gift, from NY to Abu Dhabi

By David Cay Johnston
November 1, 2011

The author is a Reuters columnist. The opinions expressed are his own.

How does being taxed to give money to the oil-rich kingdom of Abu Dhabi and its hereditary ruler strike you?

Underpaid women and their men

By David Cay Johnston
October 26, 2011

New data on U.S. incomes, poverty, pensions and philanthropy all show a common economic reality — women are still getting shortchanged. Do men care?

Beyond the 1 percent

By David Cay Johnston
October 25, 2011

By David Cay Johnston
The author is a Reuters columnist. The opinions expressed are his own.

First look at US pay data, it’s awful

By David Cay Johnston
October 19, 2011

Anyone who wants to understand the enduring nature of Occupy Wall Street and similar protests across the country need only look at the first official data on 2010 paychecks, which the U.S. government posted on the Internet on Wednesday.

Tax repatriation

By David Cay Johnston
October 19, 2011

By David Cay Johnston
The author is a Reuters columnist. The opinions expressed are his own.

Pipeline profiteering

By David Cay Johnston
October 17, 2011

By David Cay Johnston
The opinions expressed are his own.

Last year a fourth of the nation’s oil pipelines earned excessive profits, at up to seven times the rates allowed these regulated monopolies, according to an explosive analysis prepared by a former general counsel for the U.S. Federal Energy Regulatory Commission.

Decoding the lies on tax policy

By David Cay Johnston
October 11, 2011

David Cay Johnston explains the twisted tax logic currently being used by politicians: