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“Gucci Gulch is the nickname for the hall in the US Congress outside where the tax committees meet and where all the fancy lobbyists with their Gucci loafers line up. Not all of them could get into the committee room, so they’d line up outside and wait for news about what was going on. The book does sort of read like a thriller. Probably the only tax thriller there is. It’s about the months leading up to the next-to-last big income tax reform we had here in the US, which became the Tax Reform Act of 1986. It’s an interesting story about how the politics of taxation work, because a couple of years before it passed, very few people would have thought anything like it could happen.” Read more...
“Gucci Gulch is the nickname for the hall in the US Congress outside where the tax committees meet and where all the fancy lobbyists with their Gucci loafers line up. Not all of them could get into the committee room, so they’d line up outside and wait for news about what was going on. The book does sort of read like a thriller. Probably the only tax thriller there is. It’s about the months leading up to the next-to-last big income tax reform we had here in the US, which became the Tax Reform Act of 1986. It’s an interesting story about how the politics of taxation work, because a couple of years before it passed, very few people would have thought anything like it could happen.” Read more...