Funding the Modern American State, 1941-1995: The Rise and Fall of the Era of Easy Finance

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W. Elliot Brownlee
Cambridge University Press, 2003 M02 13 - 480 pages
The current 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; and analyze the politics of post-1941 tax reform.

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Contents

III
3
IV
37
VI
105
VII
107
VIII
148
IX
194
X
287
XI
289
XIII
353
XIV
407
XV
409
XVI
445
XVII
447
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