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 revolutionised 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 fuelled 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 globalised world.
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The Triumph of Injustice 9781324002727 Hardback
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- Authors:
- Saez, Emmanuel (University of California, Berkeley)|Zucman, Gabriel (University of California, Berkeley)
- Year Published:
- 2019
- Country of Publication:
- United States
- Format:
- Hardback
- ISBN:
- 9781324002727
- Number of Pages:
- 232
- Publication Date:
- 12/11/2019
- Publisher:
- WW Norton & Co
- Place of Publication:
- New York
- Language:
- English
- SKU:
- 9781324002727