Tax the Rich!: How Lies, Loopholes, and Lobbyists Make the Rich Even Richer

Summary

The vast majority of Americans—71 percent—believe the economy is rigged in favor of the rich. Guess what? They're right.

How do you rig an economy? You start with the tax code. In Tax the Rich! former BlackRock executive Morris Pearl, the millionaire chair of the Patriotic Millionaires, and Erica Payne, the organization's founder, take listeners on an engaging and enlightening insider's tour of the nation's tax code, explaining exactly how "the rich"—and the politicians they control—manipulate the US tax code to ensure the rich get richer, and everyone else is left holding the bag.

Blunt and irreverent, Tax the Rich! unapologetically dismantles the "intellectual" justifications for a tax code that virtually guarantees destabilizing levels of inequality and consequent social unrest. Infographics, charts, cartoons, and lively characters, including "the Werkhardts" and "the Slumps" make a complicated subject accessible (and, yes, sometimes even funny) and illuminate the practical reforms that can put America on the road to stability and shared prosperity before it's too late. Never have the arguments in this book been more timely—or more important.