Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich--and Cheat E verybody Else

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9781591840695: Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich--and Cheat E verybody Else

Book by Johnston David Cay

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur :

Now updated with a new prologue!

Since the mid-1970s, there has been a dramatic shift in America's socioeconomic system, one that has gone virtually unnoticed by the general public. Tax policies and their enforcement have become a disaster, and thanks to discreet lobbying by a segment of the top 1 percent, Washington is reluctant or unable to fix them. The corporate income tax, the estate tax, and the gift tax have been largely ignored by the media. But the cumulative results are remarkable: today someone who earns a yearly salary of $60,000 pays a larger percentage of his income in taxes than the four hundred richest Americans.

Pulitzer Prize-winning investigative reporter David Cay Johnston exposes exactly how the middle class is being squeezed to create a widening wealth gap that threatens the stability of the country. By relating the compelling tales of real people across all areas of society, he reveals the truth behind:

  • "middle class" tax cuts and exactly whom they benefit

  • how workers are being cheated out of their retirement plans while disgraced CEOs walk away with millions

  • how some corporations avoid paying any federal income tax

  • how a law meant to prevent cheating by the top 2 percent of Americans no longer affects most of them, but has morphed into a stealth tax on single mothers making just $28,000

  • why the working poor are seven times more likely to be audited by the IRS than everyone else

  • how the IRS became so weak that even when it was handed complete banking records detailing massive cheating by 1,600 people, it prosecuted only 4 percent of them

Johnston has been breaking pieces of this story on the front page of The New York Times for seven years. With Perfectly Legal, he puts the whole shocking narrative together in a way that will stir up media attention and make readers angry about the state of our country.

Revue de presse :

"Truly shocking." — The New York Times Book Review

"Readers should take their blood pressure pills." —The Dallas Morning News

"Everyone who wants to understand what's happening with the tax system should read Perfectly Legal ... by David Cay Johnston, who shows how idealogues have made America safe for wealthy people who don't feel like paying taxes." —Paul Krugman, The New York Times

"Even if you suspected all along that the system favors the rich, you're going to be shocked to learn just how badly you're being screwed." —Greg Palast, author of The Best Democracy Money Can Buy

"Want to know how business execs get nearly free peraonal trips on their corporate jets? Johnston is your man." —Business Week

"This is a book that will either shame us or prod us into taking back the system." —Ralph Nader

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Description du livre Penguin Putnam Inc, United States, 2007. Paperback. État : New. Reprint. 213 x 137 mm. Language: English . Brand New Book. Now updated with a new prologue!Since the mid-1970s, there has been a dramatic shift in America s socioeconomic system, one that has gone virtually unnoticed by the general public. Tax policies and their enforcement have become a disaster, and thanks to discreet lobbying by a segment of the top 1 percent, Washington is reluctant or unable to fix them. The corporate income tax, the estate tax, and the gift tax have been largely ignored by the media. But the cumulative results are remarkable: today someone who earns a yearly salary of $60,000 pays a larger percentage of his income in taxes than the four hundred richest Americans.Pulitzer Prize-winning investigative reporter David Cay Johnston exposes exactly how the middle class is being squeezed to create a widening wealth gap that threatens the stability of the country. By relating the compelling tales of real people across all areas of society, he reveals the truth behind: middle class tax cuts and exactly whom they benefithow workers are being cheated out of their retirement plans while disgraced CEOs walk away with millionshow some corporations avoid paying any federal income taxhow a law meant to prevent cheating by the top 2 percent of Americans no longer affects most of them, but has morphed into a stealth tax on single mothers making just $28,000why the working poor are seven times more likely to be audited by the IRS than everyone elsehow the IRS became so weak that even when it was handed complete banking records detailing massive cheating by 1,600 people, it prosecuted only 4 percent of themJohnston has been breaking pieces of this story on the front page of The New York Times for seven years. With Perfectly Legal, he puts the whole shocking narrative together in a way that will stir up media attention and make readers angry about the state of our country. N° de réf. du libraire AAS9781591840695

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David Cay Johnston
Edité par Penguin Putnam Inc, United States (2007)
ISBN 10 : 1591840694 ISBN 13 : 9781591840695
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The Book Depository
(London, Royaume-Uni)
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Description du livre Penguin Putnam Inc, United States, 2007. Paperback. État : New. Reprint. 213 x 137 mm. Language: English . Brand New Book. Now updated with a new prologue!Since the mid-1970s, there has been a dramatic shift in America s socioeconomic system, one that has gone virtually unnoticed by the general public. Tax policies and their enforcement have become a disaster, and thanks to discreet lobbying by a segment of the top 1 percent, Washington is reluctant or unable to fix them. The corporate income tax, the estate tax, and the gift tax have been largely ignored by the media. But the cumulative results are remarkable: today someone who earns a yearly salary of $60,000 pays a larger percentage of his income in taxes than the four hundred richest Americans.Pulitzer Prize-winning investigative reporter David Cay Johnston exposes exactly how the middle class is being squeezed to create a widening wealth gap that threatens the stability of the country. By relating the compelling tales of real people across all areas of society, he reveals the truth behind: middle class tax cuts and exactly whom they benefithow workers are being cheated out of their retirement plans while disgraced CEOs walk away with millionshow some corporations avoid paying any federal income taxhow a law meant to prevent cheating by the top 2 percent of Americans no longer affects most of them, but has morphed into a stealth tax on single mothers making just $28,000why the working poor are seven times more likely to be audited by the IRS than everyone elsehow the IRS became so weak that even when it was handed complete banking records detailing massive cheating by 1,600 people, it prosecuted only 4 percent of themJohnston has been breaking pieces of this story on the front page of The New York Times for seven years. With Perfectly Legal, he puts the whole shocking narrative together in a way that will stir up media attention and make readers angry about the state of our country. N° de réf. du libraire AAS9781591840695

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Description du livre Penguin Group USA. Paperback. État : New. Paperback. 352 pages. Dimensions: 8.3in. x 5.4in. x 0.8in.One of the countrys top investigative reporters reveals how the richest people within the top 1 percent of the country has rigged the tax code and other laws in its favor. Pulitzer Prize-winning investigative reporter David Cay Johnston has been breaking pieces of this story on the front page of The New York Times for nine years, work for which one business school professor calls him the de facto chief tax enforcement officer of the United States. With Perfectly Legal, he puts the whole shocking narrative together in a way that will stir up media attention and make readers angry about the state of our country. And he has sound advice on what to do. Since the mid-1970s, there has been a dramatic shift in who benefits from the American economy and bears the burden of taxes. CEOs, big investors and business owners can delay paying their taxes for years and sometimes escape them almost entirely, while wage earners have their taken from each paycheck. Discreet lobbying by the political donor class has made tax policies and enforcement a disaster. Because of obligations to these donors Washington has been unable, or unwilling, to fix these problems. The news media have largely ignored official favors to those who are supposed to pay the corporate income tax, the estate tax, and the gift tax. Millions of families expecting tax cuts are losing some or all of them to a stealth tax that was originally enacted only to apply to the tax-avoiding rich, but that now stings single mothers making as little as 28, 000. But the cumulative results are remarkable: the 400 richest Americans pay a smaller share of their income in taxes than someone making 100, 000. The 400 richest pay less and less of their income in taxes while the middle class pays more and more. And while the incomes of the very rich skyrocketed over three decades, the average income for the bottom 90 percent fell. Johnston exposes exactly how the middle class is being squeezed to create a widening income gap that threatens the stability of the country. By relating the compelling tales of real people across all areas of society, he reveals the truth behind: middle class tax cuts and exactly whom they benefit how workers are being cheated out of their retirement plans while disgraced CEOs walk away with hundreds of millions how some corporations avoid paying any federal income tax how CEOs fly on vacation in corporate jets for less than you pay for a middle seat in coach and stick you with most of the cost why the working poor are seven times more likely to be audited by the IRS than everyone else how the IRS became so weak that even when it was handed complete banking records detailing massive cheating by 1, 600 people, it prosecuted only 4 percent of them This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. N° de réf. du libraire 9781591840695

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