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
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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