The Triumph of Injustice

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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. 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. Their proposed reforms would allow tax justice to triumph in today's globalized world and democracy to prevail over concentrated wealth. "Saez and Zucman are leading figures in the detailed empirical analysis of inequality. In this important book, they document the perverse characteristics of the US tax system. . . . The US has become a plutocracy. The book shows in detail how this has happened."-Martin Wolf, Financial Times