Binding: Hardcover Dewey Decimal Number: 336.24150973 EAN: 9780060875411 ISBN: 0060875410 Label: William Morrow Manufacturer: William Morrow Number Of Items: 1 Number Of Pages: 208 Publication Date: August 02, 2005 Publisher: William Morrow Release Date: August 02, 2005 Sales Rank: 40315 Studio: William Morrow
Editorial Review:
Product Description
Wouldn't you love to abolish the IRS ... Keep all the money in your paycheck ... Pay taxes on what you spend, not what you earn ... And eliminate all the fraud, hassle, and waste of our current system?
Then the FairTax is for you. In the face of the outlandish American tax burden, talk-radio firebrand Neal Boortz and Congressman John Linder are leading the charge to phase out our current, unfair system and enact the FairTax Plan, replacing the federal income tax and withholding system with a simple 23 percent retail sales tax on new goods and services. This dramatic revision of the current system, which would eliminate the reviled IRS, has already caught fire in the American heartland, with more than six hundred thousand taxpayers signing on in support of the plan.
As Boortz and Linder reveal in this first book on the FairTax, this radical but eminently sensible plan would end the annual national nightmare of filing income tax returns, while at the same time enlarging the federal tax base by collecting sales tax from every retail consumer in the country. The FairTax, they argue, would transform the fearsome bureaucracy of the IRS into a more transparent, accountable, and equitable tax collection system. Among other benefits, it will:
Make America's tax code truly voluntary, without reducing revenue
Replace today's indecipherable tax code with one simple sales tax
Protect lower-income Americans by covering the tax on basic necessities
Eliminate billions of dollars in embedded taxes we don't even know we're paying
Bring offshore corporate dollars back into the U.S. economy
Endorsed by scores of leading economists and supported by a huge and growing grassroots movement, the FairTax Plan could revolutionize the way America pays for itself. In this straight-talking book, Neal Boortz and John Linder show you how it would workâand how you can help make it happen.
Customer Reviews
Average Rating:
Rating: - EASY TO READ
This is the first time I've ever left a review. I've just got to offset some of those one star reviews since I'm sure that only 23 percent of the people who gave it one star actually read the book. By the way, I am talking about an inclusive 23 percent. I think this book should get at least 3 stars even from opponents of the fairtax. It's one of the easiest books to read. It's entertaining, funny, and just informative even to the person who hates good ideas.
Rating: - The Best Thinking on the American Scene
The Fair Tax is a profound concept to fully fund the federal government without confiscating personal and business property - taxing income. An embedded national sales tax replaces all federal taxes on income - even those income taxes by another name (payroll taxes, capital gains, etc.) Getting one's head around an income-tax-free United States isn't always easy. Fortunatley Boortz and company present the logic, the common sense, the incredible personal, social, national, and economic benefits of ... Read More
Rating: - Misses the point
Taxation is Theft whether it is the current system or through universal sales tax. It is taking money, taking the product and hours of your life, by force by the government to be used for whatever the government wishes. It is utterly and completely immoral and unconscionable. So I consider it no great improvement to more efficiently enslave all of us.
Rating: - Must read
This is a must read for any one interested in the economy of the United States and the welfare of its citizens. A complete explanation of the Fairtax tax plan to revitalize the tax system of the United States.
Rating: - Great Idea for a great country.
It is sad to see all the negative reviews for this book. The history and explanation he goes into on taxes and how we are fooled as a country by our politicians is awesome. This book is full of good ideas, that if we all had the courage as a country to follow through on would make us a powerful country.
I would strongly recommend this book to all those with open minds.
now at Amazon.com
Find a Deal for it on eBay
- EASY TO READ
- Misses the point