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G20 Tries To Crack Down on Tax Cheats

Friday, September 06, 2013

David Cay Johnston, Pulitzer-prize winning journalist, Distinguished Visiting Lecturer at Syracuse University, and author of the new book  The Fine Print: How Big Companies Use "Plain English" and Other Tricks to Rob You Blind discusses the G20's attempt to curb tax avoidance and evasion around the world.

Guests:

David Cay Johnston

The Morning Brief

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Comments [7]

The criminal of my criminal is a criminal

Joyce -- if your point is that corps can't be criminals because they are "obeying current law," then governments can't be criminals either, since they create the law.

Or is your underlying point that old robber's chestnut, that the government is an even worse criminal than other criminals because they take more and control the army? Slippery slope, sweetheart...

"BUT COMPARING CORPS TO CRIMINALS?????? While they are obeying current law.

You want to talk about criminals -- look at GOVERNMENTS."

Sep. 08 2013 03:34 PM

Reagan was famous for 'simplifying' the tax code in the 80's...Ultimately, this opened the door to a new round of lobbying to get 'new considerations' in the tax code. The fact that the national debt tripled during his administration is often overlooked.

I am pretty certain that the nation's founders did not want lobbyists wooing our legislators to jigger with the tax code!

I want lower rates that companies actually pay. I am for tax simplification but do not want flat rates. I don't want foreign (or even largely foreign) investments to be eligible for capital gains rates. I want private savings to pay the same rate as capital gains.

Raising taxes on incomes alone is probably not going to work. $3.2T is 41% of the income portion of our GDP.

Sep. 06 2013 10:45 AM
bernie from bklyn

maybe mr.johnston could research how many of the biggest international tax cheats are also donors to those who are at the G20 right now?

Sep. 06 2013 10:43 AM
hilts

Brian,

Please retire your hackneyed and embarrassing phrase "Explainer in Chief" ASAP

Sep. 06 2013 10:42 AM
Joyce from NYC

This is DISGUSTING.

I am totally in agreement with a better international tax policy.

BUT COMPARING CORPS TO CRIMINALS?????? While they are obeying current law.

You want to talk about criminals -- look at GOVERNMENTS.

Sep. 06 2013 10:41 AM
John A

I can attest that my little unit within GE was taxed like an R&D group, even though there was not one PhD in the lot of us.

Sep. 06 2013 10:40 AM
simpsonsmovieblew

reminds me of Why Business People Speak Like Idiots: A Bullfighter's Guide, by Deloitte -- one of a handful of financial innovators bringing us "offshoring", " the caymans", and writing our financial laws (see NPR commentator Clint Stretch, for example) so our legislators can free up their valuable time.

Sep. 06 2013 10:01 AM

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