Federal Taxation in America Book Summary

'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.""

Book Review of Federal Taxation in America

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.

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"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