Excerpt by Steven A. Bank, Kirk J. Stark, and Joseph J. Thorndike - Read Online
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“The history of America’s tax system can be written largely as a history of America’s wars.” During World War II, Americans were urged to ration food, raise money, and accept higher taxes. After September 11, we were given tax cuts and asked to shop. Has the United States broken a noble tradition of fiscal sacrifice with unprecedented wartime tax cuts, or are they the mark of new economic and social forces at work? War and Taxes weighs the question by considering six conflicts that span the American Revolution to the War in Iraq.
Published: Urban Institute Press on

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Excerpt - Steven A. Bank

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