The Power to Destroy: How the Antitax Movement Hijacked America with Michael J. Graetz

Tuesday, March 19th, 2024
4:30 PM - 5:30 PM

Add to Calendar: Add to Calendar: 2024-03-19 16:30:00 2024-03-19 17:30:00 The Power to Destroy: How the Antitax Movement Hijacked America with Michael J. Graetz Event Description In his book, The Power to Destroy: How the Antitax Movement Hijacked America, Graetz traces the history of the modern antitax movement from the late 1970s to the present day, from its fledgling days as a fringe theory with racist roots to its breathtaking success in transforming the U.S. government into a massively underfunded and hence fundamentally unsustainable enterprise. Along the way, Graetz introduces us to a cast of characters whose zealous dedication to the antitax heterodoxy made this revolution possible. He painstakingly exposes the conservative machinery that funded and coordinated their efforts and the liberals who did little to stand in, and in some cases helped pave, their way.    It is tempting to think that the nation’s current fiscal predicament was inevitable for a nation borne out of the Boston Tea Party. Yet Graetz's account illustrates that the course of the last fifty years, tragically, could have been much different. At the same time, the contingent aspect of this important and overlooked part of the nation’s history also gives some hope that the nation’s path forward is not yet set in stone. Speaker Bio Michael J. Graetz, Professor Emeritus at Columbia Law School and Professor Emeritus and Professorial Lecturer at Yale Law Schools, is a leading expert on national and international tax law.  His new book, The Power to Destroy—How the Antitax Movement Hijacked America was published in Feb. 2024 by Princeton University Press. Other recent scholarship, including his book The Wolf at the Door: The Menace of Economic Security and How to Fight It (with Ian Shapiro, Harvard University Press, 2020) has focused on issues of economic inequality and insecurity. Graetz has written a number of books on federal domestic and international taxation, including a leading law school text, in addition to books on the Supreme Court, energy policy and social insurance along with nearly 100 articles on a wide range of domestic and international taxation, health policy, and social insurance issues. After teaching at Yale Law School for more than 25 years, Graetz joined the Columbia Law School faculty in 2009. Before to his time at Yale, Graetz was Professor of Law and Social Sciences at the California Institute of Technology; and a professor of Law at the University of Southern California and the University of Virginia. In addition to his academic career, Graetz has held several positions in the federal government. He was assistant to the secretary and special counsel for the Department of the Treasury in 1992, and deputy assistant secretary for tax policy at the Department of the Treasury from 1990 to 1992.  Graetz is a fellow of the American Academy of Arts and Sciences and was a John Simon Guggenheim Memorial Fellow. He received an award from Esquire Magazine for work in connection with the provision of shelter for the homeless. He was awarded the Daniel M. Holland Medal by the National Tax Association for outstanding contributions to the study and practice of public finance and was the first law professor to receive the Distinguished Service Award from the Tax Foundation.  Graetz earned his JD from the University of Virginia and his BBA from Emory University. Moot Courtroom A59 George Gund Hall - School of Law 11075 East Blvd Cleveland, OH 44106 School of Law School of Law America/New_York public

The Norman A. Sugarman Tax Lecture

The Center for Business Law at Case Western Reserve University School of Law

In-person event only, there will be no livestream of this event. 

1.0 hour of CLE credit, pending approval

Event Description

In his book, The Power to Destroy: How the Antitax Movement Hijacked America, Graetz traces the history of the modern antitax movement from the late 1970s to the present day, from its fledgling days as a fringe theory with racist roots to its breathtaking success in transforming the U.S. government into a massively underfunded and hence fundamentally unsustainable enterprise. Along the way, Graetz introduces us to a cast of characters whose zealous dedication to the antitax heterodoxy made this revolution possible. He painstakingly exposes the conservative machinery that funded and coordinated their efforts and the liberals who did little to stand in, and in some cases helped pave, their way. 
 
It is tempting to think that the nation’s current fiscal predicament was inevitable for a nation borne out of the Boston Tea Party. Yet Graetz's account illustrates that the course of the last fifty years, tragically, could have been much different. At the same time, the contingent aspect of this important and overlooked part of the nation’s history also gives some hope that the nation’s path forward is not yet set in stone.

Speaker Bio

Michael J. Graetz, Professor Emeritus at Columbia Law School and Professor Emeritus and Professorial Lecturer at Yale Law Schools, is a leading expert on national and international tax law.  His new book, The Power to Destroy—How the Antitax Movement Hijacked America was published in Feb. 2024 by Princeton University Press. Other recent scholarship, including his book The Wolf at the Door: The Menace of Economic Security and How to Fight It (with Ian Shapiro, Harvard University Press, 2020) has focused on issues of economic inequality and insecurity. Graetz has written a number of books on federal domestic and international taxation, including a leading law school text, in addition to books on the Supreme Court, energy policy and social insurance along with nearly 100 articles on a wide range of domestic and international taxation, health policy, and social insurance issues.
After teaching at Yale Law School for more than 25 years, Graetz joined the Columbia Law School faculty in 2009. Before to his time at Yale, Graetz was Professor of Law and Social Sciences at the California Institute of Technology; and a professor of Law at the University of Southern California and the University of Virginia.

In addition to his academic career, Graetz has held several positions in the federal government. He was assistant to the secretary and special counsel for the Department of the Treasury in 1992, and deputy assistant secretary for tax policy at the Department of the Treasury from 1990 to 1992.  Graetz is a fellow of the American Academy of Arts and Sciences and was a John Simon Guggenheim Memorial Fellow. He received an award from Esquire Magazine for work in connection with the provision of shelter for the homeless. He was awarded the Daniel M. Holland Medal by the National Tax Association for outstanding contributions to the study and practice of public finance and was the first law professor to receive the Distinguished Service Award from the Tax Foundation.  Graetz earned his JD from the University of Virginia and his BBA from Emory University.

Event Location

Moot Courtroom A59
George Gund Hall - School of Law
11075 East Blvd
Cleveland, OH 44106

Cover of The Power to Destroy book