Perfectly Legal by David Cay Johnston
The Covert Campaign to Rig Our Tax System to Benefit the Super Rich - and Cheat Everybody Else

No critic rating

Waiting for minimum critic reviews

See 1 Critic Review



Now updated with a new prologue!

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.


About David Cay Johnston

See more books from this Author
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.” His last book, Perfectly Legal, was a New York Times bestseller and 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.
Published January 4, 2005 by Portfolio. 352 pages
Genres: Business & Economics, Education & Reference, Professional & Technical, Law & Philosophy, Political & Social Sciences. Non-fiction

Unrated Critic Reviews for Perfectly Legal

Publishers Weekly

See more reviews from this publication

Chapters addressing the inability of the IRS to go after the worst tax cheats, thanks in part to opposition from grandstanding members of Congress, are particularly effective in putting a spotlight on the problem, but there's plenty of space given to revealing how canny tax attorneys come up with...

| Read Full Review of Perfectly Legal: The Covert C...

Reader Rating for Perfectly Legal

An aggregated and normalized score based on 167 user ratings from iDreamBooks & iTunes

Rate this book!

Add Review