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Quote by Michael Hudson

“Textbooks don't teach people how to avoid paying any income tax. But that's what an army of tax lawyers and corporate tax accountants do.”

Quote by Michael Hudson

Author

Michael Hudson is a renowned economist, born in 1939. He has conducted extensive research in the field of economics, particularly in finance, real estate, and debt. Professor Hudson has held teaching positions at several prestigious universities and has authored numerous publications on economic theory and policy. more

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“The worst loophole is what Donald Trump has talked about: the tax deductibility of interest. If you let real estate owners or corporate raiders borrow the money to buy a property or company, and then pay interest to the bondholders, you'll load the company you take over with debt. But you don't have to pay taxes on the profits that you pay out in this way. You can deduct the interest from your tax liability.”

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“Trump has said that he wants to remove the tax deductibility of interest. If he can do that, fine. But I hope that Trump knows that it's not the President that sets tax policy. It's Congress.”

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“Almost all the voices in history have been men, but on this one question of gender, men don't talk about it. This has nothing to do with women; it has to do with men.”

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“I think people should give in to what they feel like doing at the time and be a raw animal.”

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“Men's gender problems cause them a lot of suffering. There is a massive spiking suicide rate in middle age for men and a cultural attitude to male friendship that is destructive.”

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“Men are enforced into a kind of silence about their gender; they're supposed to not think of it as a performance. That's the definition of manliness - that it's not a performance; it's being yourself, authentic. Whereas women have understood gender as performance. Men have not yet made that quantum leap, or rather they're making it in many ways, they're not thinking about it.”

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“The problem with the way we discuss gender is that it tends to be "Let's sympathize with women" or "Let's sympathize with men."”

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“When you look at how men and women are living together, there are two processes at work. One, women are rising in the middle class; their earning potential is rising compared to men. It has been underway for 100 years, and nothing is going to stop it. On the other hand, women are denied iconic positions of power - equity partnerships law firms, Hollywood salaries.”