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The Triumph of Injustice
- How the Rich Dodge Taxes and How to Make Them Pay
- Narrated by: Steve Menasche
- Length: 7 hrs and 39 mins
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The Triumph of Injustice
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Summary
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.
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Overall5 out of 5 stars
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Performance4 out of 5 stars
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Story5 out of 5 stars
- Anonymous User
- 06-11-21
Essential reading for Americans
This book is excellent. It takes the reader through the main issues of fiscal justice in America (and to a limited extent globally), using language which is relatively easy to understand.
It’s only shortcoming is that I’m not American (I’m British) and ultimately many of the fiscal rip-offs the authors describe don’t directly affect me. Having said this, much of the book discusses the current global fiscal arrangement which, apparently, is also a sham (allowing multinationals a variety of opportunities for tax evasion while ordinary people pick up the bill.)
I’ve been aware of fiscal justice issues for a while now, but this book is a good consolidation and I can recommend it to anyone who doesn’t like being ripped off.
The narrator is a bit weird to listen to. His voice sounds a bit forced, but tolerable.
(P.s.: I listened to this concurrent with a print reading, which probably made it more digestible. There are some quantitative analyses involved, which I prefer to read rather than listen to. Also, the charts are very helpful if you have them directly to hand.)
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