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Showdown at Gucci Gulch: Lawmakers, Lobbyists, and the Unlikely Triumph of Tax Reform Paperback – April 12, 1988

4.6 out of 5 stars 85 ratings

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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.
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Editorial Reviews

Review

"Even the hordes of Americans whose eyes glaze at the sight of a tax table will enjoy this remarkably lively account." -- The New York Times Book Review

"A riveting account of the political Process that produced the new [tax reform] law."

-- Fortune

"Messrs. Birnbaum and Murray... have written a splendidly readable book about America's recent tax reform." -- The Economist

"Showdown is a classic of its genre....It is illuminating and systematic enough to become a staple in political science courses, yet entertaining enough to be read this summer on the beach." -- Washington Post Book World

"Showdown at Gucci Gulch reads like a thriller, which it is, with a remarkable cast of characters and a payoff in billions."

-- David S. Broder, chief political reporter and columnist, Washington Post

From the Publisher

"Riveting...Showdown is a classic of its genre." -Washington Post Book World
"A superb piece of reporting on one of the most important pieces of legislation in years....A great case study of the political process." --The Washington Post
"Showdown at Gucci Gulch is likely to become the standard narrative of tax reform for years to come."--The Boston Globe

Product details

  • Publisher ‏ : ‎ Knopf Doubleday Publishing Group
  • Publication date ‏ : ‎ April 12, 1988
  • Edition ‏ : ‎ Reprint
  • Language ‏ : ‎ English
  • Print length ‏ : ‎ 333 pages
  • ISBN-10 ‏ : ‎ 0394758110
  • ISBN-13 ‏ : ‎ 978-0394758114
  • Item Weight ‏ : ‎ 15.2 ounces
  • Dimensions ‏ : ‎ 6.13 x 0.84 x 9.25 inches
  • Customer Reviews:
    4.6 out of 5 stars 85 ratings

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4.6 out of 5 stars
85 global ratings

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Customers say

Customers find the book well-written and insightful, with one review specifically highlighting its detailed account of the 1986 tax reform. They appreciate its value, with one customer noting it's worth re-reading in light of current tax reform campaigns.

AI-generated from the text of customer reviews

9 customers mention "Insight"9 positive0 negative

Customers find the book insightful, with one review highlighting its detailed account of the 1986 tax reform and another noting how it helps understand the tradeoffs involved.

"...The goals were to: - Simplify the tax system. - Reduce marginal rates. - Broaden the tax base...." Read more

"...Unbiased, reputable investigative journalism. Presents the scope of conflicts, goals, and problems obtaining cooperation among the different..." Read more

"...It helped me understand the tradeoffs that cause legislation be so convoluted - even one intended to simplify the tax code...." Read more

"Well written and detailed account of how our government operates." Read more

7 customers mention "Value for money"7 positive0 negative

Customers find the book worth their money, with one mentioning it's worth re-reading in light of the current tax reform campaign.

"...I haven't finished the book, but it is definitely worth your while especially if you began your tax career after 1986 and you were too young to..." Read more

"...It's a very good read if you're looking to understand politics at the time...." Read more

"Great book, if you're interested in learning about how our government works and how much the president has very little do to with laws being created...." Read more

"...gets kinda boring but overall good book. Recommended to anyone who likes politics." Read more

3 customers mention "Writing quality"3 positive0 negative

Customers appreciate the writing quality of the book.

"Well written and detailed account of how our government operates." Read more

"...The writing is fresh, clear and incisive." Read more

"Good history, well written in simple language & understandable for the layman." Read more

Top reviews from the United States

  • Reviewed in the United States on April 18, 2012
    This book documents the process/drama behind the astonishingly comprehensive mid-1980s overhaul of the US Income Tax system.

    The goals were to:
    - Simplify the tax system.
    - Reduce marginal rates.
    - Broaden the tax base.

    Those goals were accomplished. What is especially interesting reading this now (2012) is that our country really needs a similar effort to take place.

    To see our current dysfunctional congress arguing these issues, you might imagine that nothing resembling this is possible. But this book proves that it IS possible. It happened. It is quite interesting to find out exactly how.
    4 people found this helpful
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  • Reviewed in the United States on September 27, 2017
    Showdown at Gucci Gulch is a brilliant expose of the lawmaking process in Washington. While the backroom deals and the outcomes are there, it is nowhere near what we have today with open and legal bribing of lawmakers but it does show how it all become so corrupt under the Reagan administration. We owe the dystopian society we are living in today to the unhanded deals that began in this administration.
    2 people found this helpful
    Report
  • Reviewed in the United States on March 5, 2013
    If you ever wanted to know how 1986 tax reform came about, this is the book to read. I haven't finished the book, but it is definitely worth your while especially if you began your tax career after 1986 and you were too young to understand what was going on anyway.
  • Reviewed in the United States on August 14, 2016
    Context to the tax code, Congressional committees, Congressmen (well-known and lesser known), and lobbyists (who wear Gucci shoes).

    Unbiased, reputable investigative journalism. Presents the scope of conflicts, goals, and problems obtaining cooperation among the different political parties. Much insight given about lobbyists and their harsh impact on tax codes/laws, the economy, and people from the poor through the rich.

    Same issues applicable to today.

    Excellent resource for history majors and some political science students..[Edited to correct spelling error.]
    3 people found this helpful
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  • Reviewed in the United States on June 24, 2017
    This was a detailed, informative book that remains relevant despite the passage of time. It helped me understand the tradeoffs that cause legislation be so convoluted - even one intended to simplify the tax code.

    A couple of minor objections - I found the text somewhat repetitive, and the authors tried a bit to hard to convey the drama. Despite those objections, however, I highly recommend this book.
    2 people found this helpful
    Report
  • Reviewed in the United States on November 21, 2022
    Well written and detailed account of how our government operates.
  • Reviewed in the United States on October 30, 2017
    It's a must-read if you want to understand 1986 tax reform.
    It's also a must-read if you want to understand how policy is made in Washington.
    It's a very good read if you're looking to understand politics at the time.

    Those who're rating the book 3 or below are likely not interested in any of the 3 items.
  • Reviewed in the United States on December 23, 2016
    Great book, if you're interested in learning about how our government works and how much the president has very little do to with laws being created. This book is not dry or boring, trust me, I'm not a reader
    One person found this helpful
    Report