Perfectly Legal by David Clay Johnston

Perfectly Legal by David Clay Johnston

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. 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. The corporate income tax, the estate tax, and the gift tax have been largely ignored by the media. 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. By relating the compelling tales of real people across all areas of society, he reveals the truth behind:

Middle class tax cuts and exactly whom they benefit.

How workers are being cheated out of their retirement plans while disgraced CEOs walk away with millions.

How some corporations avoid paying any federal income tax.

How a law meant to prevent cheating by the top 2 percent of Americans no longer affects most of them, but has morphed into a stealth tax on single mothers making just $28,000.

Why the working poor are seven times more likely to be audited by the IRS than everyone else.

How the IRS became so weak that even when it was handed complete banking records detailing massive cheating by 1,600 people, it prosecuted only 4 percent of them.

Johnston has been breaking pieces of this story on the front page of The New York Times for seven years. With Perfectly Legal, he puts the whole shocking narrative together in a way that will stir up media attention and make readers angry about the state of our country.

David Cay Johnston, a Pulitzer Prize-winning reporter for the New York Times, has hunted down a killer the police failed to catch, exposed LAPD abuses, caused two television stations to lose their licenses over news manipulations, and revealed Donald Trump's true net worth. He has uncovered so many tax dodges that he has been called the de facto chief tax enforcement officer of the United States. Four of his nonfiction works have made the New York Times bestsellers list, and Perfectly Legal was honored as Book of the Year by the journalism organization Investigative Reporters and Editors. Over his forty-year career he has won many other honors, including a George Polk Award. He has been a frequent guest on MSNBC, CNN, the BBC, ABC World News Tonight, Democracy Now!, and NPR's Morning Edition, among other shows, and was a consultant for the Netflix series House of Cards.