Funding the Modern American State, 1941–1995: The Rise and Fall of the Era of Easy Finance (Woodrow Wilson Center Press) - Hardcover

Hardcover

ISBN 10: 0521552400 ISBN 13: 9780521552400

Publisher: Cambridge University Press, 1996

Synopsis

The contemporary fiscal crisis faced by the American federal government represents the end of a fiscal regime that began with the financing of World War II. In this volume, an inter-disciplinary group of scholars explores the history of American taxation and public finance since 1941 in an attempt to understand the political, social and economic forces that have shaped the current regime. Specifically, they examine the historical context of earlier tax regimes and national crises; explore the ways post-1941 governments used taxation to finance war, social security, and economic stability; analyze the politics of post-1941 tax reform; and apply history to a consideration of the dynamics that are likely to characterize future tax regimes. The contributors are convinced that understanding the long-term development of American taxation and public finance will help policy makers determine the possibilities and constraints that must be taken in account in evaluating, and possibly reforming, the ways in which the nation pays for government.

About this title

Review:

"These scholarly essays are well documented and objective....this volume will serve as a valuable source of information about events of great importance." Political Science Quarterly

"The eight essays in Funding the Modern American State, 1945-1995, offer an excellent guide to US tax policy in the twentieth century." Robert Cuff, Business Library Review

Book Description:

The fiscal crisis facing the American federal government represents the end of a fiscal regime that began with the financing of World War II. In this book, an inter-disciplinary group of scholars explores the history of US taxation and public finance since 1941, attempting to understand the political, social and economic forces that have shaped the current regime.

About this edition

• Publisher: Cambridge University Press
• Publication date: 1996
• ISBN 10: 0521552400
• ISBN 13: 9780521552400
• Binding: Hardcover
• Number of pages: 480
• Editor: Brownlee W. Elliot