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Books > Money & Finance > Public finance > Taxation
A surprising and revealing look at what Americans really believe
about taxes Conventional wisdom holds that Americans hate taxes.
But the conventional wisdom is wrong. Bringing together national
survey data with in-depth interviews, Read My Lips presents a
surprising picture of tax attitudes in the United States. Vanessa
Williamson demonstrates that Americans view taxpaying as a civic
responsibility and a moral obligation. But they worry that others
are shirking their duties, in part because the experience of
taxpaying misleads Americans about who pays taxes and how much.
Perceived "loopholes" convince many income tax filers that a flat
tax might actually raise taxes on the rich, and the relative
invisibility of the sales and payroll taxes encourages many to
underestimate the sizable tax contributions made by poor and
working people. Americans see being a taxpayer as a role worthy of
pride and respect, a sign that one is a contributing member of the
community and the nation. For this reason, the belief that many
Americans are not paying their share is deeply corrosive to the
social fabric. The widespread misperception that immigrants, the
poor, and working-class families pay little or no taxes
substantially reduces public support for progressive spending
programs and undercuts the political standing of low-income people.
At the same time, the belief that the wealthy pay less than their
share diminishes confidence that the political process represents
most people. Upending the idea of Americans as knee-jerk opponents
of taxes, Read My Lips examines American taxpaying as an act of
political faith. Ironically, the depth of the American civic
commitment to taxpaying makes the failures of the tax system,
perceived and real, especially potent frustrations.
This report shows why Southeast Asian countries need to consider
fresh taxation policies after many struggled to finance massive
public expenditure programs to combat COVID-19. The second in a
four-part series, it considers the impact of the pandemic on
countries including Cambodia and Thailand to lay out steps
policymakers can take to create healthier fiscal spaces. It
illustrates the challenges around informality, collection, and
progressivity, and details quick-fix measures designed to increase
revenues. It emphasizes how preventing fraud, taxing wealth, and
introducing environmental levies can help reduce poverty, tackle
inequality, and contribute toward more sustainable growth.
"Here we are, in the midst of great affluence and a badly skewed
distribution of income. Yet, somehow, efforts are well advanced to
abolish the estate tax as a first step toward ending the
century-old consensus on the idea of progressivity in taxation.
Michael Graetz and Ian Shapiro tell in vivid detail the sad (at
least to me) story of how that is happening."--Paul Volcker, former
chairman of the Federal Reserve
"An immensely readable and illuminating look at the estate tax
issue and its implications for future American tax policy."--Bill
Bradley, former United States Senator
"[A] compelling book--a story that should be read by everyone
who wants to understand the new power players of the right and
their next target: the income tax system itself. When two of
America's best academics combine theory with shoe leather
reporting, the results are splendid."--David Gergen, Kennedy School
of Government, Harvard University; former White House adviser to
presidents Nixon, Ford, Reagan, and Clinton.
"It's not about taxes, stupid. It's about politics! The book for
Democrats who really want to know What's the Matter With
Kansas?"--Sylvia Nasar, author of "A Beautiful Mind"
""Death By a Thousand Cuts" is a marvelous book. I think of it
as sort of a "Moneyball" for politics, with the role of Billy Bean
played by Grover Norquist. The story of how Norquist and company
pulled one over on the Democrats (and perhaps centrists of all
stripes) is a great read. The book is certain to become a bible for
inside-the-beltway readers, but it should be read by a very wide
audience. The book changed the way I think about the politics of
the estate tax debate. In fact, the book has changed my views
aboutthe politics of a number of related issues."--Joe Bankman,
Stanford University School of Law
"How was the estate tax law overhauled? Why was the tax
eliminated for those who die in 2010? Graetz and Shapiro tell the
story with wit, verve, and insight. The authors avoid accounts that
overvalue the role of rhetorical cleverness or individual greed.
They show instead how repeal proponents, out to make their case,
skillfully employed powerful narratives about moral principle. This
brilliant book brings human drama to the arid domain of tax policy.
It is essential reading for those who would influence future
debates about progressive taxation and the American ideal of fair
opportunity for all."--Jeffrey Lehman, President, Cornell
University
"This is a terrific book--llively, well written, and razor
sharp. Shapiro and Graetz take us on a splendid tour of American
politics: out to visit policy entrepreneurs far from the beltway,
over to the Washington players at the Heritage Foundation, and deep
into the system in the workings of the congressional conference
committees. This book is an intelligent person's Showdown at Gucci
Gulch--far broader in its canvas's, deeper in its analysis, but
just as gripping in its eye for telling political detail."--James
Morone, author of "Hellfire Nation"
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