David Dayen

Newly appointed American Prospect executive editor David Dayen, who will be joining the magazine June 1, is a contributing writer to SalonHe also writes for The InterceptThe New Republic, and The Fiscal Times. His first book, Chain of Title, about three ordinary Americans who uncover Wall Street's foreclosure fraud, was released by The New Press in 2016.

Recent Articles

Trump's Most Nakedly Corrupt Tweet Yet

As the president props up lobbyists and cronies, Democrats must respond with aggressive oversight.

Evan Vucci/AP Photo
It used to be that I was concerned that the media was paying too much attention to Donald Trump’s tweets; now I’m concerned that they’re not paying enough. This week a random tweet from the president sunk a congressional bill destined for passage, all to please a friend and lobbyist whose clients would have been harmed by the legislation. That’s the staggeringly normal state of our modern kleptocracy, and the Democratic House can do something about it, by rethinking what it means to investigate corruption. The tweet came unprompted and out of nowhere. “Republicans shouldn’t vote for H.R. 312, a special interest casino Bill, backed by Elizabeth (Pocahontas) Warren. It is unfair and doesn’t treat Native Americans equally!” Republicans shouldn’t vote for H.R. 312, a special interest casino Bill, backed by Elizabeth (Pocahontas) Warren. It is unfair and doesn’t treat Native Americans equally! — Donald J. Trump (@...

How to Replace the Trump Tax Cuts Is the Story of 2020

Democrats need to be specific about repealing the Trump tax cuts. 

Gerald Herbert/AP Photo
On Tuesday, Kamala Harris became the first 2020 candidate to call for the full repeal of the Trump tax cuts, taking aim at an unpopular law which delivered a large share of its benefits to the wealthy and corporations. She wants to re-channel revenue from that law into the LIFT Act, a lower- and middle-class tax credit for families making up to $100,000 per year. This trade-out of a regressive tax cut for a progressive tax credit highlights something that every 2020 candidate is going to have to explain. Democratic voters will not expect a Democratic government to stick with a tax code change that has been rightly bashed since its introduction. They’re going to expect candidates who uniformly voted against that bill to call for its repeal. And they’re going to want to know what the candidates plan to do with the proceeds instead. Among other things, this gets so-called big-government liberals out of a familiar box. Harris, in her Tuesday speech in Detroit, sneered at the...

Resisting Trump’s Politicization of the Census

Trump’s intention is to undercount noncitizens, and Supreme Court conservatives appear on board.

Jose Luis Magana/AP Photo
I don’t want to be a pessimist, but a cursory look at oral arguments in the Supreme Court case over whether the Trump administration can pose a citizenship question on the 2020 census offers no room for hope. It just seems likely that the Roberts Court is sufficiently political to waive aside whether Commerce Secretary Wilbur Ross acted illegally in demanding the question. The only number you need to know is 6.5 million: That’s the projected number of people, both citizen and noncitizen, that a Census Bureau analysis predicted would go uncounted if the question was included on the 2020 form. That number would come mainly from immigrants who are afraid to turn in the forms and expose themselves or a family member to possible deportation. Career officials at the Census Bureau warned Ross about this likely undercount, but of course that’s the whole point—to shortchange immigrant-rich areas for federal dollars and electoral apportionment, the raw material used to...

How Private Equity Ate Hollywood—and Why Writers Are Fighting Back

Now largely owned by private equity firms, the big talent agencies have turned to producing films and shows—both representing and employing writers. That, say the writers, doesn’t work.

Jerzy Dabrowski/picture-alliance/dpa/AP Images
Hollywood is smoldering this week, after the 13,000 members of the Writers Guild of America (WGA) prepared to fire their agents , the upshot of the termination of a 43-year-old agreement between the union and the Association of Talent Agents trade group. On Saturday, the WGA ordered members to part ways with agents who didn’t subscribe to a revised code of conduct , which rank-and-file writers approved with 95.3 percent support. The form letters informing agents of their firing, which well-known writers have been posting on Twitter , will be delivered later this week. This isn’t a strike or lockout; as much as you might like your favorite television shows to pause to catch up on your DVR, they will in all likelihood continue with minimal disruption. But the battle between writers and agents represents another example of the monopolization and financialization of our economy, and how organized, unified workers can fight back. While the lead antagonists on the stage are...

Forcing Corporations to Pay At Least Some Tax

Warren’s creative breakthrough against corporate scofflaws

Sipa USA via AP
Sipa USA via AP Presidential candidate, Senator Elizabeth Warren, speaks at a campaign rally in Glendale, California, February 18, 2019. Elizabeth Warren has been dominating the ideas primary since entering the race for president. Today, on the eve of the April tax deadline, she’s turning her attention to the only major legislation passed since Republicans regained control of government—the Trump tax scam. Warren’s proposal, announced this morning, would place a 7 percent surtax on large and profitable corporations. It would raise over a trillion dollars in the next decade, and restore some fairness to a tax code tilted toward corporations that can afford high-priced accountants to work their magic. As the Prospect has reported , the prize of the Trump tax scam was large corporate tax cuts , which did not spur investment but got leaked out to executives and investors through mechanisms like stock buybacks . This gave corporations an enormous return on their...

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