The Price of Democracy

The Revolutionary Power of Taxation in American History
by Vanessa S. Williamson
$32.00

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An eye-opening history of taxation showing that battles over taxes have always really been battles over democracy itself

“A convincing case that we must take back the power of taxation” (Heather Cox Richardson, New York Times–bestselling author of Democracy Awakening)


Americans have always fought over the meaning of freedom and...
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Published By Basic Books

Format Hardback

Category

Number Of Pages 352

Publication Date 11/11/2025

ISBN 9781541606111

Dimensions 6.35 inches x 9.65 inches


“Incisive…Williamson’s surprising thesis is that taxes, when done right, are good for democracy.”—New York Times

“Sometimes horrifying, occasionally humorous, and consistently surprising…While it would be a valuable read at any point, The Price of Democracy feels essential today…Anyone who cares about preserving democracy would be well served by reading it.”—NPR.org

“In vibrant writing, the author elucidates how anti-tax movements throughout the course of our existence have eroded our democracy and been used as part of racist movements…Essential reading in our current moment.”—Kirkus

“I love this book. American democracy has always been based on the right of the people to tax themselves to create a state that serves their needs—and oligarchs determined to destroy that state have always fought taxes. A colorful and interesting trip through American history, The Price of Democracy makes a convincing case that we must take back the power of taxation to restore our democracy. The history of taxes has never been more interesting or more important than it is right now, and in Williamson's hands, it comes alive.”—Heather Cox Richardson, New York Times–bestselling author of Democracy Awakening

“Readable, entertaining, and astute, Vanessa Williamson’s new book offers a fresh look at the politics of U.S. taxation from the original Tea Party to the present. Rich and poor may clash over who pays for government and how, but many Americans have always realized their stakes in paying enough in legitimate ways to make democracy work. Going far beyond the usual platitudes about how ‘Americans hate taxes’ this book shows us why some levies are more popular and effective than others for sustaining democratically responsive government. As America’s tax battles flare anew, The Price of Democracy has valuable lessons for citizens and analysts alike.”—Theda Skocpol, author of The Tea Party and the Making of Republican Conservatism

“Taxes are not just the lifeblood of government. They are the wellspring of democracy. That is the revelatory message of Vanessa Williamson’s propulsive, panoramic history. Compelling, original, and beautifully written, The Price of Democracy is an essential antidote to the anti-tax extremism that threatens our democracy.”—Jacob S. Hacker, coauthor of Let Them Eat Tweets

“Deeply researched and magnificently written, this book reminds us of a profound truth: that taxation and democracy are inextricably linked. At a time when democracy is under attack, look no further than taxes to see both the battleground and the war. An absolute must-read.”—Gabriel Zucman, author of The Hidden Wealth of Nations

“Vanessa Williamson has synthesized recent research to tell a gripping story about the contested history of taxation in the United States. Written with style and verve, this book should appeal to everyone interested in this always central but too often arcane aspect of the American story.”—Robin Einhorn, University of California, Berkeley

 
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