The Tax Reform Act of 1986 was the single most sweeping change in the history of America's income tax. It was also the best political and economic story of its time. Here, in the anecdotal style of The Making of the President, two Wall Street Journal reporters provide the first complete picture of how this tax revolution went from an improbable dream to a widely hailed reality.
Birnbaum and Murray describe the passage of the 1986 tax reform act as the product of personal victories by Washington officials over the usually triumphant lobbyists of ``Gucci Gulch''the hallways outside the congressional meeting rooms where expensive suits and shoes prevail. The authors, Washington correspondents for the Wall Street Journal , explain how liberals' and supply-siders' discontents combined to produce the key concepts. They skillfully portray the five main actorsBill Bradley, James Packwood, Dan Rostenkowski, James Baker, and Baker's deputy Richard Darmanwho succeeded against massive opposition with surprisingly little public support. Recommended for most libraries. BOMC feaured alternate. Mark K. Jones, Cincinnati, Ohio