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Taxation - Taxing the Rich: A History of Fiscal Fairness in the United States and Europe

Description

Book Synopsis: A groundbreaking history of why governments do—and don't—tax the richIn today's social climate of acknowledged and growing inequality, why are there not greater efforts to tax the rich? In this wide-ranging and provocative book, Kenneth Scheve and David Stasavage ask when and why countries tax their wealthiest citizens—and their answers may surprise you.Taxing the Rich draws on unparalleled evidence from twenty countries over the last two centuries to provide the broadest and most in-depth history of progressive taxation available. Scheve and Stasavage explore the intellectual and political debates surrounding the taxation of the wealthy while also providing the most detailed examination to date of when taxes have been levied against the rich and when they haven't. Fairness in debates about taxing the rich has depended on different views of what it means to treat people as equals and whether taxing the rich advances or undermines this norm. Scheve and Stasavage argue that governments don't tax the rich just because inequality is high or rising—they do it when people believe that such taxes compensate for the state unfairly privileging the wealthy. Progressive taxation saw its heyday in the twentieth century, when compensatory arguments for taxing the rich focused on unequal sacrifice in mass warfare. Today, as technology gives rise to wars of more limited mobilization, such arguments are no longer persuasive.Taxing the Rich shows how the future of tax reform will depend on whether political and economic conditions allow for new compensatory arguments to be made.

Details

Are you frustrated by the growing inequality in today's society? Wondering why more isn't being done to tax the rich? Look no further than Taxing the Rich: A History of Fiscal Fairness in the United States and Europe. This groundbreaking book by Kenneth Scheve and David Stasavage delves into the historical reasons behind governments' decisions to tax or not tax the wealthiest citizens.

With evidence from twenty countries spanning two centuries, Taxing the Rich provides the most comprehensive and detailed account of progressive taxation ever written. Scheve and Stasavage explore the intellectual and political debates surrounding taxing the wealthy, shedding light on the different views of equality and fairness.

Unlike popular belief, governments don't tax the rich simply because inequality is high or rising. They do it when people believe that such taxes are necessary to correct an unfair advantage given to the wealthy. Taxing the Rich reveals how progressive taxation gained momentum in the twentieth century, driven by compensatory arguments during times of mass warfare.

Yet, as we enter an era of limited mobilization and technological advances, new compensatory arguments must be made for tax reform. Taxing the Rich offers insights into the future of taxation, dependent on the convergence of political and economic conditions that will enable new justifications for taxing the wealthy.

Don't miss this opportunity to gain a deeper understanding of the history and debates surrounding taxing the rich. Get your copy of Taxing the Rich: A History of Fiscal Fairness in the United States and Europe today!

Order now and be part of the movement towards a fairer society.

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