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Deficits, Debt, and the New Politics of Tax Policy

by Dennis S. Ippolito
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Current price ₹10,444.00
Original price ₹10,660.00
Original price ₹10,660.00
Original price ₹10,660.00
(-2%)
₹10,444.00
Current price ₹10,444.00

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Book cover type: Hardcover
  • ISBN13: 9781107017276
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 302
  • Original Price: GBP 82.0
  • Language: English
  • Edition: N/A
  • Item Weight: 545 grams
  • BISAC Subject(s): American Government / General

The Constitution grants Congress the power "to lay and collect taxes, duties, imposts, and excises." From the First Congress until today, conflicts over the size, role, and taxing power of government have been at the heart of national politics. This book provides a comprehensive historical account of federal tax policy that emphasizes the relationship between taxes and other components of the budget. It explains how wars, changing conceptions of the domestic role of government, and beliefs about deficits and debt have shaped the modern tax system. The contemporary focus of this book is the partisan battle over budget policy that began in the 1960s and triggered the disconnect between taxes and spending that has plagued the budget ever since. With the federal government now facing its most serious deficit and debt challenge in the modern era, partisan debate over taxation is almost completely divorced from fiscal realities. Continuing to indulge the public about the true costs of government has served the electoral interests of the parties, but it precludes honest debate about the urgent task of reconnecting taxes and budgets.

Ippolito, Dennis S.: - Dennis S. Ippolito is Eugene McElvaney Professor of Political Science at Southern Methodist University. Among his previous books are Why Budgets Matter: Budget Policy and American Politics, Uncertain Legacies: Federal Budget Policy from Roosevelt through Reagan, Hidden Spending: The Politics of Federal Credit Programs, Congressional Spending, and The Budget and National Politics. He was awarded the 2010 Aaron B. Wildavsky Award for Lifetime Scholarly Achievement in the Field of Public Budgeting and Finance.

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