Tax the Rich!

How Lies, Loopholes, and Lobbyists Make the Rich Even Richer

A powerfully persuasive and thoroughly entertaining guide to the most effective way to un-rig the economy and fix inequality, from America’s wealthiest “class traitors”

“They’re Rich and They’re Mad About Taxes (Too Low!)” —The New York Times

Who better to pull back the curtain on all the ways that the wealthy avoid paying taxes, and deprive the state of essential resources, than the rich themselves?

In 2017, Republican lawmakers rewrote the entire federal tax code, deliberately and permanently rigging the economy against working people in favor of the political donor class.

In Tax the Rich! Morris Pearl, the millionaire chair of the Patriotic Millionaires, and Erica Payne, the organization’s founder, take readers on an insider’s tour of the nation’s tax code and show how the rich (and the politicians they control) structured the tax code to make themselves even richer. They explain how to un-rig the economy through the tax code to reverse America’s ever-growing and dangerously destabilizing concentration of wealth and power.

Conversational and punchy chapters such as “Their Money vs. Your Sweat,” “Economic Jenga,” and “When a Dollar Is Not Actually a Dollar” feature charts, infographics, cartoons, and sidebars. They show exactly how we should tax wealthy individuals and corporations, focusing on existing mechanisms like marginal income tax and capital gains, loopholes to eliminate, and new methods of taxation, such as a wealth tax, that could be used to achieve a fairer system.

A final section debunks common tax myths, offering crucial information to push back against Fox News and opponents on the right. In the wake of the economic devastation of COVID-19, never have the arguments in this book been more timely—or more critical.

Praise

Tax the Rich! reveals the inner workings of a system designed to make rich people richer and everyone else poorer. It breaks down how the economy has been deliberately structured, in large part through the tax code, to funnel the vast majority of economic growth into the pockets of millionaires and billionaires, working people be damned. This book gives a rare insider’s view of how the system is rigged, and offers a blueprint on how to fix it, starting with an engaged and united electorate holding politicians accountable for taxing the rich.”
—Robert Reich, former U.S. Secretary of Labor and author of Saving Capitalism
Tax the Rich! should be on the bookshelves of every single working person in America. In this book, Morris and Erica skillfully reveal in plain English just how rigged our economy and tax code really are. This approachable look at the worst excesses of a tax code designed for the rich and by the rich makes it clear: working people are getting screwed by the status quo. If we want to live in the kind of country where everyone, no matter what their background, has a chance at the American dream, the only way to get there is by taxing the rich.”
—Abigail Disney
“This is a must-read book for anyone interested in tax justice and how to make the economy fairer. The U.S. tax system, which used to be one of the most progressive in the world, now lavishes rewards on some of the wealthiest people in the country. But as Morris Pearl, Erica Payne, and the Patriotic Millionaires argue, it is not too late to change course.”
—Gabriel Zucman, economist and co-author of The Triumph of Injustice

Goodreads Reviews