The power to destroy how the antitax movement hijacked America
"How the antitax fringe went mainstream--and now threatens America's future. The postwar United States enjoyed large, widely distributed economic rewards--and most Americans accepted that taxes were a reasonable price to pay for living in a society of shared prosperity. Then in 1978 Califo...
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Princeton
Princeton University Press
2024
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| Schlagworte: |
20th century
> 21st century
> Taxation
> Moral and ethical aspects
> Political aspects
> Political planning
> Economic policy
> Impôt - États-Unis
> Impôt - Aspect moral - États-Unis
> Impôt - Aspect politique - États-Unis
> Politique publique - États-Unis - Politique économique
> Taxation - Moral and ethical aspects
> Taxation - Political aspects
> Politics and government
> United States
> États-Unis - Politique et gouvernement - 20e siècle
> États-Unis - Politique et gouvernement - 21e siècle
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Tag hinzufügen | Zusammenfassung: | "How the antitax fringe went mainstream--and now threatens America's future. The postwar United States enjoyed large, widely distributed economic rewards--and most Americans accepted that taxes were a reasonable price to pay for living in a society of shared prosperity. Then in 1978 California enacted Proposition 13, a property tax cap that Ronald Reagan hailed as a "second American Revolution," setting off an antitax, antigovernment wave that has transformed American politics and economic policy. In The Power to Destroy, Michael Graetz tells the story of the antitax movement and how it holds America hostage--undermining the nation's ability to meet basic needs and fix critical problems. In 1819, Chief Justice John Marshall declared that the power to tax entails "the power to destroy." But The Power to Destroy argues that it is tax opponents who now wield this destructive power. Attacking the IRS, protecting tax loopholes, and pushing tax cuts from Reagan to Donald Trump, the antitax movement is threatening the nation's social safety net, increasing inequality, ballooning the national debt, and sapping America's financial strength. The author chronicles how the movement originated as a fringe enterprise promoted by zealous outsiders using false economic claims and thinly veiled racist rhetoric--and how, abetted by conservative media and Grover Norquist's "taxpayer protection pledge", it evolved into a mainstream political force. The important story of how the antitax movement came to dominate and distort politics, and how it impedes rational budgeting, equality, and opportunities, The Power to Destroy is essential reading for understanding American life today." |
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| Beschreibung: | Includes bibliographical references (pages 269-337) and index |
| Beschreibung: | viii, 359 Seiten Illustrationen 24 cm |
| ISBN: | 9780691225548 978-0-691-22554-8 0691225540 0-691-22554-0 |