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Wouldn't you love to abolish the IRS ...
Keep all the money in your paycheck ...
Pay taxes on what you may spend, not what you earn ...
And eliminate all the fraud, hassle, and waste in our current system?Then your FairTax is for you. When confronted with 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 straightforward 23 percent retail sales tax on new goods and services. This dramatic revision of the existing system, which would eliminate the reviled IRS, has already caught fire in the American heartland, with more than 1000 thousand taxpayers signing on in support of the program.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 exactly 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 particular sales tax
- Protect lower-income Americans by within the tax on basic necessities
- Eliminate billions of dollars in embedded taxes we don't even understand we're paying
- Bring offshore corporate dollars back into the U.S. economy