Overview

Taxing the Wealthy Promise, Peril, and the American Economy The top one percent of Americans now hold more wealth than the bottom ninety percent combined. Politicians on both sides have made that fact the centerpiece of their arguments - one side demanding that the wealthy pay more, the other warning that taxing them will destroy the economy that created their fortunes. Both sides are telling you part of the story. In Taxing the Wealthy, economist and author Robert F. Geissler cuts through the rhetoric to examine what the evidence actually shows. Drawing on decades of economic research, international case studies, and a clear-eyed analysis of American tax history, Geissler explores the full consequences of aggressive wealth taxation - on economic growth and investment, on innovation and entrepreneurship, on the funding of education from kindergarten through college, and on the lives of working-class, middle-class, and wealthy Americans alike. You will learn why the Nordic nations that progressives cite as models actually repealed their wealth taxes. Why France's celebrated experiment ended in capital flight. What the evidence really says about the Laffer Curve, venture capital, and the ""lost Einsteins"" locked out of innovation by inequality. And why the most honest answer to the question of how to tax the wealthy is more complicated - and more important - than either side wants to admit. This is not a manifesto. It is an honest book for citizens who want to think clearly about one of the defining policy debates of our time. ""Rare in any political climate - a book that follows the evidence wherever it leads."" Robert F. Geissler ThinkTank Media - ThinkTankMedia.Online

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