The FairTax Book

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 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 transparent, accountable, and equitable tax collection system Among other benefits, it will Make America s tax code truly voluntary, without reducing revenueReplace today s indecipherable tax code with one simple sales taxProtect lower income Americans by covering the tax on basic necessitiesEliminate billions of dollars in embedded taxes we don t even know we re payingBring offshore corporate dollars back into the U.S economyEndorsed 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 work and how you can help make it happen. Best Read The FairTax Book Author Neal Boortz For Kindle ePUB or eBook – kino-fada.fr This is a very hard book for a bleeding heart liberal girl like me to read As an adult, I have come to believe that the income tax is a punitive tax for middle class and especially lower class people However, for those wealthy people who manage to scrape up enough cash for a vacation home, a yacht, and multiple luxury cars, I doubt that the income tax is truly impeding their ability to eke out a life of quality and security I am a middle class American, and, while my taxes are high, they do n This is a very hard book for a bleeding heart liberal girl like me to read As an adult, I have come to believe that the income tax is a punitive tax for middle class and especially lower class people However, for those wealthy people who manage to scrape up enough cash for a vacation home, a yacht, and multiple luxury cars, I doubt that the income tax is truly impeding their ability to eke out a life of quality and security I am a middle class American, and, while my taxes are high, they do not impede upon my ability to own a car, own a home, save for my retirement and have some fun in the meantime So, while I am skeptical about removing the income tax from the wealthy, I am generally open to the concept put forward in this book tax on consumption This way, y...I saw Neal Boortz during some economic policy round table on television and heard a bit about Fair Tax The premise of this movement is that income tax of every sort regular income tax, payroll tax, estate tax, investment tax should be abolished and replaced with a 23% sales tax on everything Sounds simple, vaguely Steve Forbesian, but would it work My first instinct was to think, wow, this is preposterous If we have marginal taxation rates in the mid 30% range, how will a 23% sa...This is a must read for anyone who votes and requires government accountability for the spending of our tax dollars It is an easy read in easy to understand language and Boortz adds a bit of humor.I m not an economist, but not only did I read this book in a morning, but I actually understood it After reading this book, I don t see how anyone could be against the Fair Tax, a proposal currently in...I was really impressed by this book, and I m definitely going to do my part to help the FairTax get signed into law and the income tax repealed I knew the IRS was bad, but I had no idea how wasteful and unfortunate the income ta...I m not an economist, but the principles of this book seem sound and its implications profound I ve done some research into the common objections to this plan, and none seem to hold their weight The elegance and simplicity of a consumption tax, coupled with the benefits for the economy seem to make it a no brainer.Boortz, although witty at times, tries a little too hard to be funny Some of the explanations, while supporting sound principles, have a bit too much of a deceptive marketing spin f I m not an economist, but the principles of this book seem sound and its implications profound I ve done some research into the common objections to this plan, and none seem to hold their weight The elegance and simplicity of a consumption tax, coupled with the benefits for the economy seem to make it a no brainer.Boortz, although witty at times, tries a little too hard to be funny Some of the explanations, while supporting sound principles, have a bit too much of a deceptive marketing spin for my taste For these reasons I gave it four instead of five stars One main doubt I have deals with the 23% consump...Is the national sales tax a good idea Sounds a bit too much like a silver bullet I hate paying income tax as much as the next guy, but this seems too simple The arguments against the tax are dismissed with supposed benefits of the tax, some of which seem downright miraculous.These important pages contain an indictment of the Rube Goldberg monstrosity that is our current tax code and a beautifully elegant solution to the problem.I am obsessed with the idea of the FairTax, a national retail sales tax, because it provides numerous benefits and no insurmountable drawbacks It would eliminate the IRS and hundreds of billions of dolla...About a single tax consumption replacing income tax Important topic, needs revision for sure There are many less biased sources withdetailed descriptions of realistic scenarios Many comments about size of returns from income tax rather than knowing how much tax one pays Seems to me that if one cares, one can find out very easily And one can adjust one s withholding to withhold less during the year and thus get less of a refund It may well be that corporations have many loophole ...Replacing all Federal income taxes with a 23% consumption tax on new goods and services at the retail level is an intriguing idea and sounds like a good idea in theory, but I wasn t convinced that the system proposed in the book was viable it seems like the implementation would not be as simple as the authors suggest ...

• English
• 06 December 2018
Neal Boortz
• Hardcover
• 224 pages
• 0060875410
• Neal Boortz
• The FairTax Book