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

4.57  ·  Rating details ·  51 ratings  ·  12 reviews
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 revoluti
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Hardcover, 232 pages
Published October 15th 2019 by W. W. Norton Company
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Mehrsa
Nov 06, 2019 rated it it was amazing
A must-read!! I want to shout this on the Rooftop with a megaphone: our tax system is totally regressive. The wealthy evade taxes. They pay less than their share! This does not have to be the case. We, the middle class and working class, can’t evade taxes and yet we the idiots keep voting for people who let corporations and billionaires escape to tax shelters. The history in this book (though super short) was really fascinating. Hey, guess why our tax system is regressive? It’s the same reason f ...more
Kristoffer Berg
Oct 21, 2019 rated it really liked it  ·  review of another edition
The book contains many impressive new findings on the distribution of the tax burden and some very good tax reform suggestions. It is written more for the general public than tax experts, but it would still have benefitted from fewer comments on current politics and more discussion on the assumptions they make.
James
Oct 18, 2019 rated it it was amazing
Despite the sensationalist title, this is actually a pretty serious book, though Saez and Zucman have strong left-of-center views. The first chapter is the most important, as it presents new data analysis on the share of taxes paid by all income quantiles since 1913. The stark news here is that the very very top, the 0.01 percent, have a lower tax bill than anybody else, largely due to the Trump cuts of the corporate income tax. The rest of the book summarizes earlier research by them and others ...more
Richard Smyth
Well researched & well written explanation of how the rich pay proportionally much less tax than low earners

Thought provoking insights as to how the tax burden has shifted over the last 50 years from high net worth high earning individuals to the lower paid. I5 also explains how multinationals have used accounting and legal tricks to move profits to low tax jurisdictions. The real issue is that the wealthy control the power to change this but never will because they have so much to lose.
Jason Furman
(I will be doing a longer review in the future and will link to it here.)
Ernie Lavagetto
Nov 11, 2019 rated it it was amazing  ·  review of another edition
What seems radical is really a call to look back to time when the US middle class was vibrant.

The book is a review of the US taxation history and it's effect on US society as well as comparisons to other countries. The time frame is basically from 1950 to the current time. I am a retired CPA . I have seen these changes first hand and ,to my shame, thought they were for the best. However in the last 20 years, I have come to see the terrible damage done to American families as they tried to deal
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Thomas Matich
Not as academic or expansive as Thomas Piketty’s “Capital” - yet it serves as an actionable flashpoint and handbook for progressive candidates such as Warren and Sanders. The writers were even mentioned with disdain in the grotesque Open letter penned by financier Leon Cooperman to Warren; in a recent avalanche of ego bruised billionaire snowflakes. If this book is pissing off the 1%, they are doing something right!
James
Nov 06, 2019 rated it really liked it
This was a bit fun in that it is laying out the intellectual backbone behind Warren's economic policy, but I can see why it's not quite for everyone. There are sections simple enough to define GDP, and yet some-quite a few even-confusing sections that would be above the heads of those requiring the GDP definition. For me, steeped enough in the background to get something out of it, I enjoyed it quite a bit, so had my rating reflect it.
Eric Means
Nov 14, 2019 rated it it was amazing
Shelves: history, finance
Absolutely worth reading to understand a) how inequality got to the massively messed up place we're in now, b) how it wasn't always this way, and c) how we can absolutely fix the problem, given enough political will.
Masayuki Arai
Nov 03, 2019 rated it it was amazing
persuasive lol
Doris Raines
Nov 15, 2019 rated it it was amazing
AMEN .
Ju187
Nov 08, 2019 rated it it was amazing
Shelves: finished
An inspiring reading. People need to wake up from the right wing economic brain wash
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