Despite their passion and fury, contemporary Americans are
remarkably clueless about how their tax system works. But
with heated debates over taxation now roiling Congress and
the nation, an understanding of our tax system is of vital
importance. Taxes in America, by preeminent tax scholars
Leonard E. Burman and Joel Slemrod, offers a clear, concise
explanation of how our tax system works, how it affects
people and businesses, and how it might be improved.
Accessibly written and organized in a clear,
question-and-answer format, the book describes the
intricacies of the modern tax system in an easy-to-grasp
manner. Burman and Slemrod begin with the basic definitions
of taxes and then delve into more complicated and indeed
contentious concerns. They address such questions as how to
recognize Fool's Gold tax reform plans. How much more tax
could the IRS collect with better enforcement? How do tax
burdens vary around the world? Why do corporations pay so
little tax, even though they earn trillions of dollars every
year? And what kind of tax system is most conducive to
economic growth?