Because marginal rates are lower, each extra dollar of income will result in greater purchasing power. Fairtax, the truth answering the critics downloadable audiobook. And eliminate all the fraud, hassle, and waste of our current system. In the fairtax book, the syndicated radio host neal boortz and representative john linder, republican of georgia, claim that replacing all federal taxes income, payroll and estate taxes with a national sales tax would increase the. The fairtax hr25 s122 is a well researched tax proposal that grows the economy, ends the tyranny of the income tax and restores personal freedom to. The host of radios the neal boortz show, syndicated in nearly two hundred national markets, neal boortz is the author with congressman john linder of the new york times bestsellers the fairtax book and fairtax. Fairtax was a flat tax proposal in 2005, 2008 and 2009 in the united states that includes complete dismantling of the internal revenue service. Ironically they are never worried about my revenue stream when they attempt to tax me more politicians, sue companies into oblivion lawyersand. In 2005, firebrand radio talk show host neal boortz and georgia congressman john linder created the fairtax book, presenting the american public with a. In 2005, firebrand radio talk show host neal boortz and georgia congressman john linder created the fairtax book, presenting the american public with a bold new plan designed to eliminate federal taxes and the irs, jumpstart the u. The truth, and author of the terrible truth about liberals. Congressman john linder of georgia, the original sponsor of the fair tax legislation and coauthor with neal boortz of the fairtax book, has at times endured snickers from his colleagues in the house of representatives, because of his unrelenting fervor for the fairtax as a replacement for the current tax code from hell. The fairtax would require no additional book keeping. Harper collins, mar 17, 2009 political science 224 pages.
The author of the fairtax book and fairtax the truth compares the current republican plan to fairtax part 2. Obviously, the book captivated the american public with its simple and irresistible premise. There is no such thing as a fair tax mises institute. The plan replaces them with a federal retail sales tax of 23% to be administered by state sales tax. I first heard about the fairtax several years ago, and every so often i spend some time perusing their website for information. Last year, talkshow host neal boortz and congressman john linder coauthored the fairtax book. In the midst of rising unemployment and a surging deficit, the united states government is thinking of ways to increase revenue in order to fund government programs. At least read the book before making up your mind based on opinions by people that have.
The trouble with the fairtax gop presidential candidate mike huckabee recently got into a spirited debate with fox news anchor chris wallace about huckabees proposal to replace all federal taxes with a national retail sales tax, called the fairtax by its supporters. This will result in more and more efforts such as this opinion piece that appeared in the clark timescourier in berryville, virginia. If you hear people discussing the fair tax act but arent yet familiar with it, youll probably wonder what the fuss is all about. The fair tax is set up to be revenue nutural to the feds at the time it is implemented. The fairtax book is a quick read i read the whole thing in a single day, most of it in one sitting. The fairtax is a national sales tax that treats every person equally and allows american businesses to thrive, while generating the same tax revenue as the current fourmillionwordplus tax code. It is apparently getting so difficult to defend the current income tax system that its guardians must use smear tactics to slow down its best replacement. The marginal rate is the tax rate paid on the last dollar earned. The despised federal income tax system needs to be shut down and america finally has a plan to do the fairtax book. The fair tax plan is a sales tax proposal to replace the current u.
Mike huckabees unexpectedly strong secondplace showing in the recent iowa republican straw poll is widely attributed to his support for the fairtax. Before you decide you are against the fairtax, you should learn more about it than just what its enemies are saying. So i went into this book already knowing a good amount. No ones claiming that the fairtax plan is perfect, but it is way, way better than what we have now. The fair tax book neal boortz ebook harpercollins publishers.
The proposal would replace all federal income taxes including the alternative minimum tax, corporate income taxes, and capital gains taxes, payroll taxes including social security and medicare taxes, gift taxes, and estate taxes. But there is a lot of information crammed in there. The fairtax book saying goodbye to the income tax and the irs. 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. The decrease in marginal rates is progressive that is. The fairtax is the preferred tax simplification plan for hardcore conservatives, and for many in the tea. The fairtax legislation put forward in the senate by perdue, his fellow georgia republican johnny isakson, and their colleague jerry moran r.
Representative coauthor, the fair tax book hillsdale college january 29, 20. One side says that the act will solve a lot of the united states taxation issues, while the other points out that it will bring on a whole new. Review of the fairtax book, by neal boortz and john linder regan books, 2005 syndicated talk show host neal boortz and congressman john linder rga have joined forces to write a book on the fairtax plana proposal to replace the current system of federal income taxes, corporate taxes, social security and medicare taxes, capital gains taxes, gift taxes, and. The current incarnation of congressman linders fairtax is h. Following are blog references to the fairtax book, by neil bortz and jon lender. But like the calls for fair trade instead of free trade, the fairtax is a fraud because it is based on the fallacy that government theft taxation should be done in a. In an effort to marginalize the fairtax, a proposal developed by scholars across the country and introduced in the congress by me, slemrod excerpts a single line from the book as his summary of. The fair tax is the greatest tax idea yet however the politicians, lawyer, irs bureaucrats and the accountants will ensure that it will never happen. Tomorrow on hoist the black flag over at rightalk well have radio host, columnist, and author of the fairtax book and the terrible truth about liberals neal boortz.
The fairtax book, published by regan, was cowritten with rep. It requires tremendous resources to plan, prepare and administer. He has been nominated twice for the national association of broadcasters marconi award and. There are so many things to consider about the current taxing system. The fairtax, much like the flat tax, is one of the better supported lets dump the tax code ideas from politicians that would abolish all federal income taxes, death taxes, capital gains taxes, and payroll taxes and replace them with a national retail sales tax. Under the fairtax, every person living in the united states pays a sales tax on purchases of new goods and services, excluding necessities due to the prebate. Be fair to fairtax throw the red herrings back in the water. The pocket idiots guide to the fairtax book pdf, epub ebook. The bill was reintroduced in january 2007 as the fair tax act of 2007. It is estimated that the gross domestic product will increase over 10% in the first year. Income tax is a great burden on society, especially businesses. One of the great surprises since congressman john linder, the author of h.
All taxes under fairtax, including social security, disability, or medicare taxes would be eliminated, leaving americans with a larger portion of their earnings. In the face of the outlandish american tax burden, talkradio. The fairtax book, by neil bortz and jon lender new. The government has been considering implementing a fat tax, eliminating capital gains taxes, and raising taxes on. Fairtax, the truth downloadable audiobook the seattle. It is a nonpartisan 501c4 grassroots organization solely dedicated to replacing the current income tax code with a national retaillevel consumption tax. However, they are starting out their new fair tax system with highly deceptive language. The fairtax book saying goodbye to the income tax and the irs book. Social security and medicare will be fully funded and will not go away. Fairtax is both a theory and a suggested plan to the us congress that would eliminate all income taxes and the internal revenue service in its current incarnation. The fair tax does not effect any of the spending side of government operations. The bill has 70 cosponsors, including former presidential candidates thomas tancredo rcolo.
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