CHINA Book with 'radical' taxation plan published in China

CHINA

Book with 'radical' taxation plan published in China

China Daily

13:27, June 28, 2021

The Triumphof Injustice: How the Rich Dodge Taxes and How to Make Them Pay by French economists Emmanuel Saez and Gabriel Zucman. (Photo: China Daily)

French economists Emmanuel Saez and Gabriel Zucman's book The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay was recently published in China by Beijing-based publisher CITIC Press Group.

Based on new statistics covering all taxes paid at all levels of the US government, the two authors offer a comprehensive view of America's tax system and claim billionaires pay lower tax rates than the working class in the US today.

They propose visionary and practical tax reform suggestions that can allow tax justice to triumph in today's globalized world and democracy to prevail over concentrated wealth.

According to Esther Duflo, winner of the Nobel Prize in economics, "In this eye-opening book, Emmanuel Saez and Gabriel Zucman show that there is no iron law of economics that led us there, just many whose self-interest or misunderstanding of economics make them claim the opposite. Their radical proposal to reinvent taxation for a globalized world will become an unavoidable starting point to any intelligent conversation."

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