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The Tax Reform Act of 1986 was the single most sweeping change in the history of America's income tax. It was also the best political and economic story of its time. Here, in the anecdotal style of The Making of the President, two Wall Street Journal reporters provide the first complete picture of how this tax revolution went from an improbable dream to a widely hailed reality.
- Sales Rank: #78802 in Books
- Published on: 1988-04-12
- Released on: 1988-04-12
- Original language: English
- Number of items: 1
- Dimensions: 9.16" h x .87" w x 6.09" l, .85 pounds
- Binding: Paperback
- 336 pages
From Library Journal
Birnbaum and Murray describe the passage of the 1986 tax reform act as the product of personal victories by Washington officials over the usually triumphant lobbyists of "Gucci Gulch"the hallways outside the congressional meeting rooms where expensive suits and shoes prevail. The authors, Washington correspondents for the Wall Street Journal , explain how liberals' and supply-siders' discontents combined to produce the key concepts. They skillfully portray the five main actorsBill Bradley, James Packwood, Dan Rostenkowski, James Baker, and Baker's deputy Richard Darmanwho succeeded against massive opposition with surprisingly little public support. Recommended for most libraries. BOMC feaured alternate. Mark K. Jones, Cincinnati, Ohio
Copyright 1987 Reed Business Information, Inc.
Review
"Even the hordes of Americans whose eyes glaze at the sight of a tax table will enjoy this remarkably lively account." -- The New York Times Book Review
"A riveting account of the political Process that produced the new [tax reform] law."
-- Fortune
"Messrs. Birnbaum and Murray... have written a splendidly readable book about America's recent tax reform." -- The Economist
"Showdown is a classic of its genre....It is illuminating and systematic enough to become a staple in political science courses, yet entertaining enough to be read this summer on the beach." -- Washington Post Book World
"Showdown at Gucci Gulch reads like a thriller, which it is, with a remarkable cast of characters and a payoff in billions."
-- David S. Broder, chief political reporter and columnist, Washington Post
From the Publisher
"Riveting...Showdown is a classic of its genre." -Washington Post Book World
"A superb piece of reporting on one of the most important pieces of legislation in years....A great case study of the political process." --The Washington Post
"Showdown at Gucci Gulch is likely to become the standard narrative of tax reform for years to come."--The Boston Globe
Most helpful customer reviews
14 of 14 people found the following review helpful.
Enjoyable
By Melissa Donimirski
Birnbaum and Murray obviously spent a lot of time researching and writing this. The result is not only very insightful into what Washington looks like from the inside, but is also a highly readable exercise in how policy in the US really is made (the authors liken law-making to sausage-making), and how revolutions for high-minded ideals can indeed occur (for all you cynics out there). None of this could ever be found in an encyclopedia because the way Congress works is much more complex than anything an encyclopedia could ever possibly detail. B&M offer not only commentary on the process, but also into the heads of those working on the Hill; something you're not likely to see very often. Finally, if you're ever interested in where your tax dollars go, how the policy got the way it is, and why you're paying what you do, this is an extremely candid review. It's a bit disheartening to know that there are those out there who still 'just don't get it' even after being presented with such a readable presentation of the way our government works, and at this point, I guess they never will.
12 of 14 people found the following review helpful.
Still the best case study of congressional decision making
By A Customer
Tax laws may have changed, some of the main actors are serving jail time, but it doesn't matter. This is the best case study of congressional decision making available. I still use this in courses because there is no better example of the tension between political horse trading and genuine reformist impulses available.
Is it detailed? Of course it is: the back and forth in the Ways and Means committee, for example, illustrates the kind of negotiaions that are the bread and butter of policy making.
Is there material that is "in the encyclopedia?" That is silly. There is little there that is basic review. In fact, anyone who found this boring probably does not know the basics of congressional procedures -- that is not the goal of this book -- or has a professor or teacher who does not know how to link a journalistic case study like this with the textbook or scholarly treatment of Congress.
A classic.
6 of 7 people found the following review helpful.
how the bad guys (tax lobbyists) finally lost
By bob leppo
This book details a revolution in government. Not a huge revolution like the Aemrican/French/Russian but a revolution deep in the bowels of US Congressional Tax policy. Boring you say? MEGO you scoff? Well, check this one out and be surprised. Bill Bradley, running now- May 1999- for President plays a critical and positive role and anyone contemplating voting for President next year should consider buying this book if only to learn more about Mr Bradley.
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