Taxes in America

So many features of our modern economy (including trade and technological change) make us better off while creating both winners and losers. Tax policy is important not just for raising revenue to fund civilization, but also for ensuring that such sweeping economic changes have the potential to “lift all boats”. In this book, Burman and Slemrod do an excellent job describing the key features of the American tax system. If every American read this book, we’d have a much better tax policy dialogue.