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”
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 Black Rock executive Morris Pearl, the millionaire chair of the Patriotic Millionaires, and Erica Payne, the organization’s founder, take readers 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 U.S. 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.
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Morris Pearl, a former managing director of Black Rock, is chair of the Patriotic Millionaires, a group of hundreds of high-net-worth Americans committed to making all Americans better off by building a more prosperous, stable, and inclusive nation, and ensuring that millionaires, billionaires, and corporations pay their fair share of taxes. He is the co-author, with Erica Payne, of Tax the Rich! and co-author, with John Driscoll, of Pay the People! (both from The New Press) and lives in New York City.
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