The triumph of injustice : how the rich dodge taxes and how to make them pay /
Saez, Emmanuel.
The triumph of injustice : how the rich dodge taxes and how to make them pay / Emmanual Saez and Gabriel Zucman. - New York : W.W. Norton, 2020. - xx, 262 p. : ill.
Reprint. Originally published: 2019.
Includes bibliographical references and index.
Introduction: reinventing fiscal democracy -- Income and taxes in America -- From Boston to Richmond -- How injustice triumphs -- Welcome to Bermuland -- Spiral -- How to stop the spiral -- Taxing the rich -- Beyond Laffer -- A world of possiblity -- Conclusion: tax justice now.
A searing examination of a key driver of American inequality-our tax system. Even as they became fabulously wealthy, the rich have seen their taxes collapse to levels last seen in the 1920s. Meanwhile, working-class Americans have been asked to pay more. The Triumph of Injustice is a forensic investigation into this dramatic transformation. Emmanuel Saez and Gabriel Zucman, economists who revolutionized the study of inequality, demonstrate how the super-rich pay a lower tax rate than everybody else. In crystalline prose, they dissect the deliberate choices and the sins of indecision that have fueled this trend: the gradual exemption of capital owners; the surge of a new tax-avoidance industry; and, most critically, tax competition between nations. It is not too late to change course. Instead of competition, we could choose cooperation, finding ways to create a tax regime that serves universal, democratic ends. The Triumph of Injustice offers a visionary and practical reinvention of taxes for that globalized world.
0393531732 (pbk.) 9780393531732 (pbk.)
Rich people--Taxation --United States.
Tax incidence--United States.
Income distribution--United States.
Taxation--United States.
Equality--United States.
HJ4653.R6 / S249 2020
The triumph of injustice : how the rich dodge taxes and how to make them pay / Emmanual Saez and Gabriel Zucman. - New York : W.W. Norton, 2020. - xx, 262 p. : ill.
Reprint. Originally published: 2019.
Includes bibliographical references and index.
Introduction: reinventing fiscal democracy -- Income and taxes in America -- From Boston to Richmond -- How injustice triumphs -- Welcome to Bermuland -- Spiral -- How to stop the spiral -- Taxing the rich -- Beyond Laffer -- A world of possiblity -- Conclusion: tax justice now.
A searing examination of a key driver of American inequality-our tax system. Even as they became fabulously wealthy, the rich have seen their taxes collapse to levels last seen in the 1920s. Meanwhile, working-class Americans have been asked to pay more. The Triumph of Injustice is a forensic investigation into this dramatic transformation. Emmanuel Saez and Gabriel Zucman, economists who revolutionized the study of inequality, demonstrate how the super-rich pay a lower tax rate than everybody else. In crystalline prose, they dissect the deliberate choices and the sins of indecision that have fueled this trend: the gradual exemption of capital owners; the surge of a new tax-avoidance industry; and, most critically, tax competition between nations. It is not too late to change course. Instead of competition, we could choose cooperation, finding ways to create a tax regime that serves universal, democratic ends. The Triumph of Injustice offers a visionary and practical reinvention of taxes for that globalized world.
0393531732 (pbk.) 9780393531732 (pbk.)
Rich people--Taxation --United States.
Tax incidence--United States.
Income distribution--United States.
Taxation--United States.
Equality--United States.
HJ4653.R6 / S249 2020