Even as they became fabulously wealthy the rich have seen their taxes collapse to levels last
seen in the 1920s. Meanwhile working-class Americans have been asked to pay more. The Triumph
of Injustice is a forensic investigation into this dramatic transformation. Emmanuel Saez and
Gabriel Zucman economists who revolutionised the study of inequality demonstrate how the
super-rich pay a lower tax rate than everybody else. In crystalline prose they dissect the
deliberate choices and the sins of indecision that have fuelled this trend: the gradual
exemption of capital owners the surge of a new tax-avoidance industry and most critically
tax competition between nations. It is not too late to change course. Instead of competition
we could choose cooperation finding ways to create a tax regime that serves universal
democratic ends. The Triumph of Injustice offers a visionary and practical reinvention of taxes
for that globalised world.
