Summary: Perfectly Legal

Book excerpt: The must-read summary of David Cay Johnston's book: “Perfectly Legal: The Secret Campaign to Rig Our Tax System to Benefit the Super Rich – and Cheat Everybody Else”. This complete summary of "Perfectly Legal" by David Cay Johnston, an American investigative journalist and economics specialist, outlines his argument that under-taxing the wealthy is only making them wealthier to the detriment of everybody else in the country. He maintains that progressive taxes, based upon the ability to pay would help to level the playing field between the rich and the poor and allow the creation of a middle class. Added-value of this summary: • Save time • Understand the American federal income tax and its implications • Expand your knowledge of American politics, economics and society To learn more, read "Perfectly Legal" and discover how current taxation in America benefits the super-rich and nobody else, and how Johnston proposes to remedy this.