Death by a Thousand Cuts: The Fight Over Taxing Inherited Wealth
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Death by a Thousand Cuts: The Fight Over Taxing Inherited Wealth

3.58 of 5 stars 3.58  ·  rating details  ·  24 ratings  ·  3 reviews
This fast-paced book by Yale professors Michael Graetz and Ian Shapiro unravels the following mystery: How is it that the estate tax, which has been on the books continuously since 1916 and is paid by only the wealthiest two percent of Americans, was repealed in 2001 with broad bipartisan support? The mystery is all the more striking because the repeal was not done in the...more
Paperback, 378 pages
Published August 13th 2006 by Princeton University Press (first published February 14th 2005)
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For most of the book, it seems like the authors believe the hype . . . That a group of relatively well-to-do but not megawealthy entrepeneurs rallied public opinion and a bipartisan group of leaders to eliminate the estate tax and that liberals could have stopped this with more folksy stories and by more aggressively raising the exemption.

By the end, it seems like the authors are singing a different and more plausible tune, but it's not clear why they print "the legend" for most of the book.
Sep 04, 2007 Lucas added it
If you are at all interested in the political process, this book goes into great detail on one of the more interesting political fights in recent history. Great writing tells a compelling story and not academic at all.
Stan Lanier
An insightful, though not necessarily trenchant, analysis and explanation what kind of nation we are vis a vis the political fight over inheritance taxes.
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Federal Income Taxation, Principles and Policies, 5th ed. (University Casebook) 100 Million Unnecessary Returns: A Simple, Fair, and Competitive Tax Plan for the United States; With a New Introduction True Security: Rethinking American Social Insurance Graetz's Foundations of International Income Taxation (Foundations of Law Series) The U.S. Income Tax: What It Is, How It Got That Way, and Where We Go from Here

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