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 ...
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 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. 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 work and how you can help make it happen."
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Interesting concepts. I think there are too many embedded interests to allow this to be enacted into law... but we can hope
Jan 19, 2012
This book is incredible! I heard so many negative comments about the Fair Tax, I had to find out what was going on. Well the negative comments were false. People are saying what they think without any facts. Get the book and be knowledgeable!
jane calvert k
Mar 25, 2011
The Fair Tax - An Open Tax
This book was sent as a loan to a local Congressional office. It outlines what I wanted to say to my Congressperson.
I am in favor of the fair tax as opposed to the monstrosity of volumes of tax code currently burdening the poor while offering all kinds of exemptions and loopholes for the wealthy.
With the fair tax, there would be no more hidden taxes. Even dirty money would be forced to pay taxes when it was used to buy a product.
I can understand how Jay Rockefeller with millions in exemptions and loopholes determined by his many accountants might not think it such a fair tax. I, however, do think it is good and simple and everyone pays according to their means and needs. If Jay buys an airplane, he pays a big tax. If I buy a tricycle, I pay a small tax. It works for me. One does not pay taxes on what one does not buy~!
Jul 9, 2009
For anyone interested in trying to remedy the terrible tax system we now have, this is a must reading. It makes a lot of sense. It is a much fairer way for the federal government to get tax revenue.
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