David Cay Johnston

A tale of two healthcare plans

By David Cay Johnston
September 11, 2012

No issue affecting taxes so clearly divides the two parties in the U.S. election as healthcare. The two parties, in their platforms, describe very different approaches to healthcare economics. Both use political plastic surgery to cover up ugly truths.

Romney and Ryan’s dangerous tax roadmap

By David Cay Johnston
September 7, 2012

Together Mitt Romney and Paul Ryan have put human faces on how the super-rich game the tax system to pay less, pay later and sometimes not pay at all. Both want to expand tax favors for the already rich, like themselves.

The fortunate 400

By David Cay Johnston
June 6, 2012

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each. This is one of many stunning revelations in new IRS data that deserves a thorough airing in this year’s election campaign.

Newt and the NEWT Act

By David Cay Johnston
February 3, 2012

Newt Gingrich’s 2010 income tax return inspired a quick response from U.S. congressman Pete Stark.

Romney’s gift from Congress

By David Cay Johnston
January 31, 2012

When the Romney campaign disclosed in December that the couple’s five sons had a $100 million trust fund, I suspected that, in setting up the fund, the Romneys used a tax strategy that allows some very rich people to avoid paying gift taxes. But it was impossible to know if this was the case without seeing their tax returns going back years.

Tax advice for those who want to be like Mitt

By David Cay Johnston
January 24, 2012

What advice do tax lawyers give private equity managers about saving on taxes as they build wealth?

The burden of Romney’s tax returns

By David Cay Johnston
January 20, 2012

A tax return says a lot about a man, especially one aspiring to be president.

If Mitt Romney makes good on his promise during Thursday night’s Republican candidates’ debate to release “multiple years” of his returns, it will likely stir up rather than calm the political storm unless he makes public all of his returns from 1984 through 1999. Those are the years when he built a fortune of more than $200 million while running Bain Capital Management.