Trickling Down: How the Anti-Tax Movement Hijacked America (with Michael Graetz)

In this conversation with Greg Olear, Michael Graetz discusses his book “The Power to Destroy: How the Anti-Tax Movement Hijacked America”' He explores the history and influence of the anti-tax movement, the role of race and xenophobia in shaping it, and the ideological and moral arguments behind it. Graetz also delves into the consequences of irresponsible tax cuts, the significance of taxation in American history, and the challenges of dealing with a GOP that obstructs. He highlights the need for a more nuanced understanding of taxation and the importance of addressing the growing national debt. Finally, they discuss the conservative shift of the Court, the corrupting power of money in politics, and the challenges facing American democracy. Plus: a new memory aid.Prevail is sponsored by BetterHelp. Get 10% off your first month at betterhelp.com/greg00:00: Introduction12:00: Beginning of interview.17:25: Cultural, Social, and Political Judgments Embedded in Tax Law22:09: The Influence of Libertarianism and Ayn Rand38:43: The Consequences of Irresponsible Tax Cuts57:37: The Failure of Supply-Side Economics and the Divisions in American Politics01:13:03: SCOTUS / Money as Speech in PoliticsAbout Michael Graetz:https://www.law.columbia.edu/faculty/michael-graetzBuy the book:https://press.princeton.edu/books/hardcover/9780691225548/the-power-to-destroyhttps://www.amazon.com/Power-Destroy-Antitax-Movement-Hijacked/dp/0691225540 Subscribe to the PREVAIL newsletter:https://gregolear.substack.com/aboutWould you like to tell us more about you? http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=short Make America Great Gatsby Again!https://bookshop.org/p/books/the-great-gatsby-four-sticks-press-centennial-edition/e701221776c88f86?ean=9798985931976&next=tSubscribe to The Five 8:https://www.youtube.com/channel/UC0BRnRwe7yDZXIaF-QZfvhACheck out ROUGH BEAST, Greg’s new book:https://www.amazon.com/dp/B0D47CMX17ROUGH BEAST is now available as an audiobook:https://www.audible.com/pd/Rough-Beast-Audiobook/B0D8K41S3T Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.