Kiplinger’s Sandra Block reviews Showdown at Gucci Gulch by Jeffrey Birnbaum and Alan Lewis. Gucci Gulch, which refers to the hallways outside the tax-writing committees, “ couldn’t possibly accommodate the number of lobbyists and other. It is also the improbable story of the tax reform effort — memorialized in the seminal book, “Showdown at Gucci Gulch” by then-Wall Street.

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English Choose a language for shopping. The Way to the White House. But this book proves that it IS possible. Murray is formerly the deputy managing editor and executive editor of the Wall Street Journal, a columnist for SmartMoney magazine, and a twice-daily commentator on CNBC, analyzing trends in business,… More about Alan Murray.

It’s tucci must-read if you want to understand tax reform. It helped me understand the tradeoffs that cause legislation be so convoluted – even one intended to simplify the tax code. Great book, if you’re interested in learning about how our government works and how much the gycci has very little do to with laws being created.

‘Gucci Gulch’: Go-to on tax reform – POLITICO

Chamber of Commerce in the s. Well-written, interesting, and accessible, although sometimes intra-chapter organization is not great. Aug 31, Frank Stein rated it it was amazing. By eliminating thousands of unnecessary tax-breaks, they made the code less intrusive and more fair for everyone. 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.

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Add both to Cart Add both to List. Buy the selected items together This item: Amazing read for the politics and insider-scoop behind what was one of the most monumental policy accomplishments of all time. Call me a dork, but I really enjoyed this book.

And it provides a step-by-step guide to overcoming the inevitable starts and near-deaths of such a major piece of legislation.

I wasn’t really a fan of this book. Learn more about Amazon Prime.

He said those sounded “like a football call” or the combination to a lock. Context to the tax code, Congressional committees, Congressmen well-known and lesser knownand lobbyists who wear Gucci shoes.

Kindle Edition Verified Purchase. Explore the Home Gift Guide. Customers who bought this item also bought. Current events all over again.

During the bipartisan effort that led to enactment of the tax overhaul, then-Ways and Means Chairman Dan Rostenkowski urged voters to send him messages with their thoughts on tax overhaul. Withoutabox Submit to Film Festivals. Paperbackpages. Return to Book Page.

And then it admits they know that the deductions will slowly creep back in. There’s the mundane stuff about how rules are drawn up for how decisions can be made in principle.

Customers who viewed this item also viewed. Dec 22, David rated it really liked it. From there it went to the conference committee, which eventually delegated much of the work to just Rostenkowski and Packwood, who worked with their staffs to create a workable compromise.

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. I learned a lot while reading this book. Breaux, now a lobbyist with Squire Patton Boggs. It truly started in the Treasury building, where Secretary Donald Regan, at President Reagan’s insistence, convened a panel of experts to imagine a perfectly equitable tax-code, one that would be revenue neutral, wouldn’t change the distribution of costs across income groups, and would have few political considerations.


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A good grasp of these details requires the reader to pay close attention but this stuff is all guccl the book. The book was never a runaway best-seller, but it became a standard political science course text and a cult favorite among Washington policy wonks. Current Ways and Means members say they anticipate spending a full week on their markup.

Please try again later. This chronicle of the last major effort to revamp the tax code provides plenty of clues. Looking for More Guci Reads? Set up a giveaway.

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Kindle Edition Verified Purchase. Nov 28, Noel added it Shelves: Share your thoughts with other customers. Dec 22, Pages. Amazon Restaurants Food delivery from local restaurants. The authors, Washington correspondents for the Wall Street Journalexplain how liberals’ and supply-siders’ discontents combined to produce the key concepts. The tax overhaul measure then, she said, included a day markup at Ways and Means and a day markup at Senate Finance.