Tax Expert David Cay Johnston: Your Taxes Are Helping Corporations Like Apple Make Even More Money (Video)
In a discussion with journalist Greg Palast in Santa Monica, Calif., on Wednesday, Pulitzer Prize-winning investigative reporter David Cay Johnston talks about the GOP tax bill as well as how Donald Trump’s 2005 tax return “reeks of criminality.”
Claiming that many journalists failed to catch the real story behind corporate taxes stipulated in the Republican tax bill, Johnston explains how, in reality, companies like Apple stand to make a whole lot of money from the new legislation, despite headlines about the billions it will pay to the government.
The reporter’s most recent book, “It’s Even Worse Than You Think: What the Trump Administration Is Doing to America,” published in mid-January, is already a New York Times best-seller.
Watch the lively conversation between Palast and Johnston starting at the 15-minute mark in the video above.
— Posted by Natasha Hakimi ZapataWait, before you go…
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.Support Truthdig