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The Triumph of Injustice

Audiobook
Nonfiction: Social Science
Unabridged   7 hour(s)
Publication date: 10/15/2019

NEW! Now Available

The Triumph of Injustice

How the Rich Dodge Taxes and How to Make Them Pay

Available from major retailers or BUY FROM AMAZON
Audio CD ISBN:9781684577910
Digital Download ISBN:9781684577903

Summary

Even as they became fabulously wealthy, the ultra-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 presents a forensic investigation into this dramatic transformation, written by two economists who revolutionized the study of inequality.

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Product Description

America's runaway inequality has an engine: our unjust tax system.

Even as they became fabulously wealthy, the ultra-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 presents a forensic investigation into this dramatic transformation, written by two economists who revolutionized the study of inequality. Eschewing anecdotes and case studies, Emmanuel Saez and Gabriel Zucman offer a comprehensive view of America's tax system, based on new statistics covering all taxes paid at all levels of government. Their conclusion? For the first time in more than a century, billionaires now pay lower tax rates than their secretaries.

Blending history and cutting-edge economic analysis, and writing in lively and jargon-free prose, Saez and Zucman dissect the deliberate choices (and sins of indecision) that have brought us to today: the gradual exemption of capital owners; the surge of a new tax avoidance industry; and the spiral of tax competition among nations. With clarity and concision, they explain how America turned away from the most progressive tax system in history to embrace policies that only serve to compound the wealth of a few.

Reviews/Praise

“[T]he most important book on government policy that I’ve read in a long time.” —David Leonhardt, New York Times

“One of the best books I’ve read this year. Crystal clear, rigorously empirical. Should be read by policymakers from around the globe, especially in the US. It’s the to-do-list for the next president.” —Rutger Bregman, author of Utopia for Realists

Author Bio

Emmanuel Saez is professor of economics and director of the Center for Equitable Growth at the University of California, Berkeley. His research focuses on tax policy and inequality from both theoretical and empirical perspectives. Gabriel Zucman is professor of economics and public policy at the University of California, Berkeley. His research analyzes the accumulation and distribution of wealth through global and historical perspectives. He is the author of The Hidden Wealth of Nations, which has been translated into eighteen languages.