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

The most important book on government policy that I’ve read in a long time.”—David Leonhardt, The New York Times Even as they became fabulously wealthy, the rich have seen their taxes collapse to levels last seen in the 1920s. Meanwhile, the working-class has been asked to pay more. The Triumph of Injustice is a forensic investigation into this dramatic transformation. In crystalline prose, Emmanuel Saez and Gabriel Zucman dissect the deliberate choices and the sins of indecision that have fuelled the trend: the gradual exemption of capital owners; the surge of a new tax-avoidance industry; and most critically, tax competition between nations. They argue it is not too late to change course. Instead of competition, we could choose co-operation, 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.

“The most important book on government policy that I’ve read in a long time.” —David Leonhardt, New York Times Even as they have become 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 have revolutionized the study of inequality. Blending history and cutting-edge economic analysis, Emmanuel Saez and Gabriel Zucman offer a comprehensive view of America’s tax system alongside a visionary, democratic, and practical reinvention of taxes.