Book cover of Only the Rich Can Play: How Washington Works in the New Gilded Age by David Wesselby David Wessel

In a Winners Take All meets This Town narrative, a New York Times bestselling author tells the story of the creation of a massive tax break, in which political and economic elites attend to the care and feeding of the super-rich, and inequality compounds.

David Wessel’s incredible tale of how Washington works-and why the rich keep getting richer-starts when a Silicon Valley entrepreneur develops an idea intended as a way to help poor people that will save rich people money on their taxes. He organizes and pays for an effective lobbying effort that pushes his idea into law with little scrutiny or fine-tuning by congressional or Treasury tax experts-and few safeguards against abuse. With an unbeatable pair of high-profile sponsors, bumper-sticker simplicity and deft political marketing, the Opportunity Zone became an unnoticed part of the 2017 Trump tax bill.

Interview with the Author

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How Washington Works in the New Gilded Age | David Wessel
10/4/21        42 min

Subscription Required for Full Episode

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David Wessel: How Washington Works in the New Gilded Age
10/28/21        60 min

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David Wessel, “Only the Rich Can Play”
10/18/21        59 min

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Only the Rich Can Play: A Conversation with David Wessel
10/27/21         28 min

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Unpacking Opportunity Zones tax havens
10/8/21       31 min

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