Triumph of Injustice

How the Rich Dodge Taxes and How to Make Them Pay

eBook, 232 pages

English language

Published April 9, 2019 by Norton & Company, Incorporated, W. W..

ISBN:
978-1-324-00273-4
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4 stars (5 reviews)

Even as they became fabulously wealthy, the ultra-rich have had 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 …

3 editions

A good introduction to taxation

4 stars

Pretty good book to learn about how taxation affects the overall economy, and which kind of taxation is really paid by whom. It is also great to learn about the mechanisms behind tax optimization. It made me think about the concepts of progressive/regressive taxes. It is very in favor of increasing taxation for the rich (i.e. having a more progressive tax), but and explains how the current tax system works (in the US), how it got here and what we can do to improve on it.