He won a Pulitzer Prize in 2001 for his investigative reporting in The New York Times. His new book is Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich -- and Cheat Everybody Else. Johnston was hired by the Times to cover taxes and he approached it like an ongoing investigation. In his new book he writes, "I was especially surprised to find that some of the biggest tax breaks for the rich are not even in the tax code, and that the IRS was completely unaware of many widely used tax fraud schemes.
Last year, Journalist David Cay Johnston won a Pulitzer Prize for his reporting on the U.S. tax code. He writes about tax inequities, tax loopholes and the IRS for The New York Times. He will talk about how Enron and other large corporations get away with not paying taxes, and how the current economy and the war against terrorism will effect the proposed tax cuts.
Journalist David Cay Johnston won a Pulitzer Prize for beat reporting. His beat is taxes. He writes about tax inequities, tax loopholes and the IRS for The New York Times. In a recent article (April 8, 2001), JOHNSTON wrote about the effect of the estate tax on farmers. The President contends that to help save the family farm, estate taxes should be repealed. JOHNSTON found that very few farmers pay estate tax, and he couldn't find an example of one farm that had been lost because of estate taxes.
Bill Bradley is a United States Senator from New Jersey. Bradley started his career as a professional basketball player and was sworn-in as the Senate's youngest member in 1979. Bradley has served on the Energy and Finance Committees, co-sponsored the Fair Tax Bill, been one of the architects of the windfall profits tax on oil, and brought a contract to the Philadelphia Navy Yard. Bradley is currently seeking Medicare reforms. Bradley joins the show to discuss his belief and legislative ideas; he will also respond to listener calls.