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book: Taxing the Rich
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Taxing the Rich

A History of Fiscal Fairness in the United States and Europe
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Language: English
Published/Copyright: 2016

About this book

A groundbreaking history of why governments do—and don't—tax the rich

In today's social climate of acknowledged and growing inequality, why are there not greater efforts to tax the rich? In this wide-ranging and provocative book, Kenneth Scheve and David Stasavage ask when and why countries tax their wealthiest citizens—and their answers may surprise you.

Taxing the Rich draws on unparalleled evidence from twenty countries over the last two centuries to provide the broadest and most in-depth history of progressive taxation available. Scheve and Stasavage explore the intellectual and political debates surrounding the taxation of the wealthy while also providing the most detailed examination to date of when taxes have been levied against the rich and when they haven't. Fairness in debates about taxing the rich has depended on different views of what it means to treat people as equals and whether taxing the rich advances or undermines this norm. Scheve and Stasavage argue that governments don't tax the rich just because inequality is high or rising—they do it when people believe that such taxes compensate for the state unfairly privileging the wealthy. Progressive taxation saw its heyday in the twentieth century, when compensatory arguments for taxing the rich focused on unequal sacrifice in mass warfare. Today, as technology gives rise to wars of more limited mobilization, such arguments are no longer persuasive.

Taxing the Rich shows how the future of tax reform will depend on whether political and economic conditions allow for new compensatory arguments to be made.

Author / Editor information

Kenneth Scheve is professor of political science and senior fellow at the Freeman Spogli Institute for International Studies at Stanford University. He is the coauthor of Globalization and the Perceptions of American Workers. David Stasavage is Julius Silver Professor in the Wilf Family Department of Politics at New York University. He is the author of States of Credit: Size, Power, and the Development of European Polities (Princeton).

Reviews

"The authors have developed a data set that holds promise for the comparative international analysis of the taxation of the rich, especially during the two world wars of the twentieth century."---W. Elliot Brownlee, ANCH --- "Taxing the Richexplains why the problems of America's poor and angry are unlikely to be solved by redistributive taxation."---Angus Deaton, Bloomberg --- "[A] fine model of social science research."---Richard Cooper, Foreign Affairs --- "The authors make the force of the compensatory view clear. Judging by the apparent success of the rhetoric during the 2016 U.S. presidential primaries that speaks of a system rigged to favor the rich, the compensatory theory has not gone unnoticed by political strategists."---Michael Keen, Finance & Development --- "More than any other book I've read in the past few years, their arguments have prompted me to review what they wrote and look for other research that supports or counters their points."---David Cay Johnston, Tax Notes --- "[A] fine and stimulating book." --- "Apart from anything else, the historical data on top tax rates is fascinating."---Diane Coyle, Enlightened Economist --- "What is surprising about this book is how robustly the authors discount other widely held explanations for the gradual reduction in tax paid by the richest 1% since 1980. The influence of political lobbying, liberalised capital flows and the breakdown of the postwar consensus are, in their view, inadequate answers. What has changed is the focus of ‘equality of sacrifice,' which has returned to a debate about fairness."---Zac Tate, Capx --- "[Scheve and Stasavage] flesh out their big picture with a mass of compelling evidence. Overall, an outstanding book."---Bryan Caplan, EconLog --- "A sweeping look at the history of levies on the wealthy."---Hugo Greenhalgh, Financial Times --- "In its big picture argument the book is convincing: on both the correlation and nature of causality between wars that required the mass of working people to sacrifice not just their labour but also their lives; and on the imposition of higher tax rates on the rich in the 20th century."---Torsten Bell, Prospect --- "These findings run counter to a popular narrative. Recall that in 2012, Mitt Romney said that in a democracy, a candidate who offers tax breaks to the less well-off at the expense of the rich will win mass support ‘no matter what.' That claim does not appear to be supported by the historical record."---Robert J. Shiller, New York Times --- "One of Bloomberg’s Best Books of 2016"

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  • Part One. Debating Taxation
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  • Part Two. When Have Governments Taxed The Rich ?
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  • Part Three. Why Have Governments Taxed The Rich ?
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Publishing information
Pages and Images/Illustrations in book
eBook published on:
April 11, 2016
eBook ISBN:
9781400880379
Pages and Images/Illustrations in book
Downloaded on 22.4.2026 from https://www.degruyterbrill.com/document/doi/10.1515/9781400880379/html
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