'Federal Taxation in America' by W. Elliot Brownlee delves into the intricate history and evolution of tax policy in the United States. From its origins in the colonial era to the complexities of modern-day taxation, the book uncovers the socio-political forces that have shaped fiscal policy. Brownlee masterfully weaves together economic theory and real-world implications, revealing how taxation reflects broader societal values and priorities. As readers explore the twists and turns of tax legislation, they’ll find themselves questioning the very nature of fairness and equity in a capitalist society. Will the future of taxation lead to reform or further entrench inequality? Discover the answers within this thought-provoking examination.
By W. Elliot Brownlee
Published: 2016
""Taxation is not just a tool of revenue; it is the very foundation of a nation’s social contract, shaping the relationship between the government and its citizens.""
This authoritative and readable survey is a comprehensive historical overview of federal taxation and fiscal policy in the United States, extending from the era of the American Revolution to the present day. Brownlee relates the principal stages of federal taxation to the crises that led to their adoption, including but not limited to: the formation of the republic, the Civil War, World War I and II, and the challenges to government that took hold during the 1980s. In this third edition, Brownlee adds four new chapters covering the colonial era, the American Revolution, the Civil War, the 1920s, and the post-1945 era including the tax policies of the George W. Bush and Barack Obama administrations. It features expanded discussion of government expenditures, deficits and debt, public resources, counter-cyclical fiscal policy, and state and local taxation. Its interdisciplinary interpretation makes it perfect for scholars, graduate students and advanced undergraduate students.
Showing 8 of 27 similar books
Ray Dalio is the founder of Bridgewater Associates, one of the largest and most successful hedge funds in the world. He is also the author of the bestselling book Principles, where he outlines his philosophy on life, leadership, and investing. Ray is renowned for his unique approach to transparency, radical truth, and thoughtful disagreement within organizations. His insights into economics and investing have made him one of the most influential figures in the financial world. Dalio continues to be a thought leader in business, economics, and philanthropy.
Alex Honnold is an American professional rock climber, best known for his free solo ascent of El Capitan in Yosemite National Park, a feat that was documented in the Oscar-winning film Free Solo. Honnold is renowned for his mental toughness, technical skill, and ability to climb without ropes or safety equipment. His accomplishments have made him a legend in the climbing world, and he continues to push the boundaries of the sport. Outside of climbing, Honnold is a philanthropist, founding the Honnold Foundation, which supports environmental sustainability projects, particularly in solar energy.
Jamie Dimon is an American business executive, best known as the Chairman and CEO of JPMorgan Chase, one of the largest and most influential financial institutions in the world. Dimon has led JPMorgan through multiple economic crises, including the 2008 financial crash, and has consistently been recognized for his leadership in the banking industry. Under his tenure, JPMorgan has grown into a global financial powerhouse, focusing on innovation and sustainability. Dimon is also an advocate for corporate responsibility and frequently speaks on economic and regulatory issues. His leadership style and strategic insights have earned him widespread respect in the business world.
Changpeng Zhao, commonly known as "CZ," is a prominent figure in the cryptocurrency world and the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume. Although not a traditional literary figure, Zhao has significantly contributed to the understanding and proliferation of blockchain technology through numerous articles, interviews, and public speaking engagements. His insights and leadership have been instrumental in shaping modern digital finance. Zhao's journey from coding at Bloomberg to creating Binance has been documented in various publications, shedding light on the transformative potential of cryptocurrencies. Through his work, CZ continues to influence both the financial and technological landscapes globally.
Bill Gates, co-founder of Microsoft Corporation, is a pioneering figure in the tech industry, having played a key role in the personal computer revolution. His work at Microsoft, particularly the development of Windows, transformed software and computing globally. Beyond his technology contributions, Gates is also a prolific author, with notable works such as "The Road Ahead" and "Business @ the Speed of Thought," which offer insights into the future of technology and business. Additionally, his philanthropic efforts through the Bill & Melinda Gates Foundation have had a profound impact on global health, education, and poverty. Gates continues to influence both technology and literature with his forward-thinking perspectives and innovative ideas.
Alfred Lin is a venture capitalist and partner at Sequoia Capital, where he focuses on investments in consumer internet, enterprise, and mobile companies. Lin is known for his early investments in companies like Airbnb and DoorDash, helping them grow into major global brands. Before joining Sequoia, Lin was an executive at Zappos, where he worked closely with CEO Tony Hsieh to develop the company’s innovative culture and customer service model. Lin’s expertise in scaling businesses and his strategic vision have made him one of the most respected venture capitalists in Silicon Valley.
Brian Armstrong is a renowned entrepreneur and author best known for co-founding and leading Coinbase, a major cryptocurrency exchange. His literary contributions include insightful writings on the future of digital currencies and blockchain technology. Armstrong's work has been pivotal in demystifying complex financial systems for a broader audience. Beyond his business acumen, his thought leadership in publications and public speaking engagements has cemented his status as a key voice in the fintech revolution. His dedication to innovation continues to influence the trajectory of global financial systems.
Bernie Sanders is an American politician and U.S. Senator from Vermont, known for his progressive policies and his advocacy for economic equality. Sanders ran for the Democratic presidential nomination in 2016 and 2020, inspiring a movement with his calls for Medicare for All, free college tuition, and a $15 minimum wage. He identifies as a democratic socialist and has been a long-standing advocate for labor rights, environmental justice, and social welfare programs. Sanders’ candidacy energized a new generation of activists and has had a lasting influence on the direction of the Democratic Party. His focus on income inequality and social justice continues to shape political discourse in the U.S.
Showing 8 of 10 related collections
“"Taxation is not just a tool of revenue; it is the very foundation of a nation’s social contract, shaping the relationship between the government and its citizens."”
Federal Taxation in America
By W. Elliot Brownlee
Discover a world of knowledge through our extensive collection of book summaries.
W. Elliot Brownlee is a distinguished historian and author known for his profound contributions to the understanding of American economic history and public policy. His notable works include 'The United States in the Twentieth Century: A History' and 'American Capitalism: A History,' which critically examine the evolution of the American economic landscape and the interplay of politics and economics. Brownlee's writing style is characterized by its clarity and rigor, making complex ideas accessible to both academic and general audiences. Throughout his career, he has been recognized for his ability to weave narrative with analytical precision, earning him a reputation as a leading voice in the field of economic history.
Key information about the book.
Buy on Amazon
Buy via BookShopSupport local bookstores: BookShop gives a portion of each sale to independent bookshops!
In 'I Will Teach You to Be Rich, Second Edition,' Ramit Sethi provides a no-nonsense guide to mastering personal finance with a blend of humor and practicality. He challenges conventional money advice and introduces readers to a unique banking system for maximizing their savings. Through straightforward strategies, Sethi reveals how to automate finances and invest wisely for the long term. Each chapter brims with actionable tips that encourage readers to take control of their financial futures. With insights that delve deep into psychology and behavior, this book is a game-changer for anyone seeking to build real wealth.
In "Black Edge," investigative journalist Sheelah Kolhatkar delves into the high-stakes world of hedge funds and the enigmatic figure of Steven A. Cohen. As she unravels the saga of insider trading, greed, and Wall Street's murky ethics, the book pulls readers into a gripping tale of ambition that spans decades. With intellectual prowess and audacious risk-taking, Cohen's rise to power raises questions about the moral compass of finance. Kolhatkar's penetrating analysis unveils the dark side of wealth and the relentless pursuit of success, leaving readers questioning the true cost of ambition. Will you dare to uncover the secrets of a financial titan and the shadowy underworld they inhabit?
In 'Fiasco,' Frank Partnoy unveils the chaotic world of financial markets, where seemingly sound decisions can lead to catastrophic failures. He provides a gripping narrative of the 2008 financial crisis, dissecting the miscalculations and greed that fueled it. Through engaging anecdotes and sharp insights, Partnoy challenges readers to rethink risk and the nature of financial systems. This exploration serves as both a cautionary tale and a deep dive into the mechanisms that govern our economy. Prepare to question everything you thought you knew about finance and the true cost of ambition.
In 'Too Big to Fail', Andrew Ross Sorkin presents a gripping behind-the-scenes look at the 2008 financial crisis, detailing the dramatic events that led to the collapse of major financial institutions. Through vivid storytelling, he introduces key players like Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke, revealing their high-stakes decisions under pressure. The book explores the complexities of the banking system and the moral dilemmas faced by those in power. As the crisis unfolds, readers are drawn into a world where fortunes are lost and the global economy hangs in the balance. Sorkin's account raises questions about accountability, greed, and the fragility of economic stability, leaving readers both informed and intrigued.
In 'Conscious,' Annaka Harris explores the enigmatic nature of consciousness, diving into profound questions about awareness and existence. Through a blend of science and philosophy, she challenges the conventional understanding, prompting readers to re-evaluate their perceptions of reality. Harris skillfully navigates the intricate relationship between the brain and subjective experience, shedding light on the mysteries that lie within. With thought-provoking insights and accessible prose, this book invites both the curious and the skeptical to ponder the depths of consciousness. Will you uncover the secrets of your own mind?
In 'Accidental Presidents', Jared Cohen explores the unexpected rise of U.S. leaders who ascended to the presidency by chance rather than through traditional paths. From political mishaps to sudden deaths, these leaders had to navigate unique challenges that transformed their presidencies and the nation. Cohen delves into their distinct personalities and pivotal moments, revealing how fortune and fate can shape history. This compelling narrative raises questions about leadership, legacy, and the unpredictability of political power. Discover how chance encounters led to monumental changes and what this means for the future of American leadership.
In 'The House of Rothschild', Niall Ferguson unveils the astonishing rise of the Rothschild banking dynasty, tracing their influence from the windswept streets of Frankfurt to the grand parlors of London. With unparalleled access to historical documents, he reveals the family's intricate web of financial power, shaped by wars, revolutions, and new technologies. The Rothschilds not only amassed wealth but also wielded political clout that altered the course of history. Their story is a captivating blend of ambition, intrigue, and the relentless pursuit of fortune that reveals the darker side of the financial world. As the narrative unfolds, readers are left to wonder: what price comes with such monumental power?
In 'Energy,' Vaclav Smil embarks on an enlightening journey through the intricate world of energy—its sources, uses, and profound impact on civilization. With a compelling blend of scientific analysis and historical context, Smil reveals how humanity's reliance on energy has shaped economies, societies, and the environment. From fossil fuels to renewable resources, each chapter uncovers surprising truths about our energy consumption patterns. Readers will be challenged to rethink their understanding of energy and its critical role in future sustainability. Prepare to be captivated by Smil’s thought-provoking insights that illuminate the hidden complexities of our energy-driven lives.
Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.
