The Triumph of Injustice

"Written by Emmanuel Saez and Gabriel Zucman... it analyses how the super-rich dodge taxes, what this means and what to do about it... Theirs is a cogent, reasoned and practical argument against the tax competition that has sent so many corporate profits to Ireland or Bermuda and they give clear and compelling policy solutions to change the direction of society itself. It is a hope-inspiring book that should inform the manifesto of anyone keen to defend liberal democracy from the twin threats of inequality and multinational corporate power. Their recommendations would take back control, but for real, this time. The proposals put forward by Zucman and Saez deserve to be read in full, but are elegantly explained and well formulated." -- The Guardian "[T]he most important book on government policy that Ive read in a long time." -- David Leonhardt - The New York Times "America is tired with inequality and oligarchy. Armed with eye-popping new data, Emmanuel Saez and Gabriel Zucman reveal how tax injustice is fueling the oligarchic drift. But above all, they propose bold solutions to help America reconnect with its tradition of tax justice, from the taxation of extreme wealth and giant corporations to the funding of health care for all. This is a brilliantly argued book that is an essential contribution to the global economic and political debate of the twenty-first century." -- Thomas Piketty, author of Capital in the Twenty-First Century "Saez and Zucman are leading figures in the detailed empirical analysis of inequality. In this important book, they document the perverse characteristics of the US tax system, which is now a giant flat tax [that becomes] regressive at the top." -- Financial Times

Emmanuel Saez is professor of economics and director of the Center for Equitable Growth at the University of California, Berkeley. His research focuses on tax policy and inequality from both theoretical and empirical perspectives. With Thomas Piketty, he has constructed long-run historical series of income inequality in the United States that have been widely discussed in public debate. He received his PhD in economics from MIT in 1999. He was awarded the John Bates Clark Medal of the American Economic Association in 2009 and a MacArthur Fellowship in 2010. Gabriel Zucman is professor of economics and public policy at the University of California, Berkeley. His research analyzes the accumulation and distribution of wealth through global and historical perspectives. He received his PhD in economics from the Paris School of Economics in 2013. He was awarded the Berncer Prize in 2018 and a Sloan Research Fellowship in 2019. He is the author of The Hidden Wealth of Nations: The Scourge of Tax Havens, which has been translated into eighteen languages.