03724cam a22005178i 4500 24129906 BJBSDDR 20260813133553.0 a|||||r|||| 00| 0 ta 250328s2025 ilu rb 001 0 eng c 2025013854 9780226835204 (cloth) 0226835200 (cloth) 9780226835211 ebook (DLC)24129906 ICU/DLC eng rda DLC ICU/DLC DLC-MRC eng pcc n-us--- http://id.loc.gov/vocabulary/geographicAreas/n-us HJ 2381 M183s 2025 336.200973 Madoff, Ray D. 48052 The second estate : how the tax code made an American aristocracy / Ray D. Madoff. Chicago : The University of Chicago Press, 2025. xvi, 223 pages : illustrations ; 23 cm text txt rdacontent http://id.loc.gov/vocabulary/contentTypes/txt unmediated n rdamedia http://id.loc.gov/vocabulary/mediaTypes/n volume nc rdacarrier http://id.loc.gov/vocabulary/carriers/nc Includes bibliographical references and index. The President and the Billionaire -- The Tax-Avoidance Playbook -- Jubilee -- The Myth of Nonpayers -- The I in Philanthropy -- Our Common Wealth. "A revelatory book that lifts the curtain on America's most consequential public deception: how the rich get richer using tools the government gave them. Amid conflicting narratives about the drivers of wealth and inequality in the United States, one constant hovers in the background: the US tax code. No political force has been more consequential-or more utterly opaque-than the 7,000-page document that details who pays what in American society and government. Most of us have a sense that it's an unfair system. But does anyone know exactly how it's unfair? Legal scholar Ray D. Madoff knows. In The Second Estate, she offers an unprecedented look behind the scenes of America's byzantine system of taxation, laying bare not only its capacity to consolidate wealth but also the mechanisms by which it has created two fundamentally separate American societies: the working Americans who pay and the ultra-rich who benefit. This is not a story of offshore accounts or secret tax havens. In The Second Estate, Madoff shows that the US system itself has, over time, been stripped and reconstituted such that it now offers a series of secret paths, hidden in plain sight, for wealthy people in the know to avoid taxation altogether. Through the strategic avoidance of traditional income, leveraging of investments and debt, and exploitation of rules designed to promote charitable giving, America's wealthy do more than just pay less than their share; they remove themselves from the tax system entirely. Wealth becomes its own sovereign state, and the living is surprisingly-and maddeningly-cheap"-- Provided by publisher. Taxation United States Impuestos Estados Unidos 2546 Tax planning United States Planificación tributaria Estados Unidos 48084 Rich people United States Ricos Estados Unidos 5144 http://id.loc.gov/resources/instances/24129906 http://id.loc.gov/ontologies/bibframe/instanceOf http://id.loc.gov/resources/works/24129906 DLC bibframe2marc v2.10-dev 20250609 DLC https://github.com/lcnetdev/bibframe2marc/releases/tag/v2.10-dev 7 cbc orignew 1 ecip 20 y-gencatlg lcc BK llh 126882 126882 0 0 lcc 0 0 CS BJB BJB CS 2026-04-21 0 HJ 2381 M183s 2025 00000198619 2026-04-21 16:29:00 1 2026-04-21 BK