Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich--And Cheat E Verybody Else Johnston David CayPaperback

Now updated with a new prologue!Since the mid-1970s, there has been a dramatic shift in America's socioeconomic system, one that has gone virtually unnoticed by the general public. The corporate income tax, the estate tax, and the gift tax have been largely ignored by the media. Tax policies and their enforcement have become a disaster, and thanks to discreet lobbying by a segment of the top 1 percent, Washington is reluctant or unable to fix them.

By relating the compelling tales of real people But the cumulative results are remarkable: today someone who earns a yearly salary of $60,000 pays a larger percentage of his income in taxes than the four hundred richest Americans.Pulitzer Prize-winning investigative reporter David Cay Johnston exposes exactly how the middle class is being squeezed to create a widening wealth gap that threatens the stability of the country.