The how the rich dodge taxes and how to make them pay Saez, Emmanuel. creator Zucman, Gabriel. text bibliography nyu New York W.W. Norton 2020 monographic eng

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xx, 262 p. : ill. 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. 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. Emmanual Saez and Gabriel Zucman. Reprint. Originally published: 2019. Includes bibliographical references and index. Rich people Taxation United States Tax incidence United States Income distribution United States Taxation United States Equality United States HJ4653.R6 S249 2020 0393531732 (pbk.) 9780393531732 (pbk.) 210202 on1102467622