The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay

The Triumph of Injustice

By Emmanuel Saez and Gabriel Zucman. Investigates the changes to tax levels last seen in the 1920’s.Offers a comprehensive view of America’s tax system, based on new statistics covering all taxes paid at all levels of government and concludes that for the first time in more than a century, billionaires now pay lower tax rates than their secretaries. Blending history and economic analysis, the authors dissect the deliberate choices (and indecision) that have brought this about: the gradual exemption of capital owners; the surge of a new tax avoidance industry, and the spiral of tax competition among nations. Explains how America turned away from one of the most progressive tax system in history to embrace policies that only serve to compound the wealth of a few. Proposes a visionary, democratic, and practical reinvention of taxes, outlining reforms that can allow tax justice to triumph in today’s globalized world and democracy to prevail over concentrated wealth. A companion website allows readers to evaluate proposals made by the authors, and to develop their own alternative tax reform at Read more.