Description
Product ID: | 9781541757196 |
Product Form: | Hardback |
Country of Manufacture: | GB |
Title: | Only the Rich Can Play |
Subtitle: | How Washington Works in the New Gilded Age |
Authors: | Author: David Wessel |
Page Count: | 352 |
Subjects: | Economics, Economics, Development economics and emerging economies, Corporate and business tax laws, Development economics & emerging economies, Corporate tax |
Description: | Select Guide Rating In a Winners Take All meets This Town narrative, a New York Times bestselling author tells the story of the creation of a massive tax break, in which political and economic elites attend to the care and feeding of the super-rich, and inequality compounds. David Wessel''s incredible tale of how Washington works-and why the rich keep getting richer-starts when a Silicon Valley entrepreneur concocts an idea that will save money on his taxes and spins it as a way to ostensibly help poor people. He organizes and pays for an effective lobbying effort that pushes his idea into law with little scrutiny or fine-tuning by congressional or Treasury tax experts-and few safeguards against abuse. With an unbeatable pair of high-profile sponsors, bumper-sticker simplicity and deft political marketing, the Opportunity Zone became an unnoticed part of the 2017 Trump tax bill. |
Imprint Name: | PublicAffairs,U.S. |
Publisher Name: | PublicAffairs,U.S. |
Country of Publication: | GB |
Publishing Date: | 2021-10-28 |