Regular marked price: $24.95Discount Price: $17.72
Cost Savings: $7.23 (29%)Price fluctuation possible.
How soon does it ship: Normal ship time within one day
Shipping? Absolutely FREE if you qualify for Super Saver Shipping.
Type of bind: Hardcover
Dewey Decimal Number: 336.2415
EAN num: 9780895260406
ISBN number: 0895260409
Label: Regnery Publishing, Ltd.
Manufacturer: Regnery Publishing, Ltd.
Quantity: 1
Page Count: 256
Printing Date: 2005-07
Publishing house: Regnery Publishing, Ltd.
Sale Popularity Level: 483266
Studio: Regnery Publishing, Ltd.
Other books you might be interested in perusing:
Editor's Notes and Comments:
Product Description:
A facted filled call to action, which Steve Forbes will use to lobby the President and Congress for real reform.
User popularity level:
Rated by buyers 
-
Though the title would not lead one to believe it, this book is rather interesting. The author makes some strong points in favor of converting to this tax and refutes a number of arguments against the tax. He points out its' effectiveness in other nations and how it enhances their economic competiveness. The current tax system is addressed with emphasis on the shortcomings including lack of fairness.
Rated by buyers 
-
The Forbes plan for tax reform is far less than ideal. It is not really a flat and simple tax, just a flatter and simpler tax. That being said, his system is preferable to the current monstrosity enforced by the IRS. Ideally, we should scrap the tax code and established a low flat tax rate. My ideal solution is not going to happen at this time.
Our very first priority should be to slash Federal spending. With Federal spending as high as it is there is no chance of real tax reform. High levels of spending require high levels of taxation. With high levels of taxation, people are going to lobby for tax exemptions, so we will likely be stuck with a complex income tax code.
Forbes and other critics of big government should focus on restraining and then cutting growth in Federal spending. Then, after the spending problem is under control, we can talk about real tax reform. In the mean time, we might as well discuss the merits of more radical and ideal tax reform. In other words, Forbes advocates too little tax reform too soon. We should wait for an opportunity to really kill the IRS and the tax compliance industry. The IRS is a fundamentally evil organization, and the tax compliance industry is parasitic. Their time will come, and decent people who oppose them should be patient.
Rated by buyers 
-
Perhaps there is a government entity more corrupt than the I.R.S., but I am hard-pressed to say which one that would be. Imagine the results of finally banishing this unaccountable bureaucratic leviathan!
Its time for the flat-tax. Formerly communist nations have used precisely this concept in conjunction with capitalism, to revive their defunct and shattered economies.
Excessive taxation is immoral, unjust, and un-American. It kills initiative and cripples the economy. The present tax-code, as we well know, is a garbled and convlouted mess of inscrutable Byzantine rules and regulations. The intent of this chaotic and indecipherable bureaucratic monstosity is ultimately, to keep you confused and perplexed, to shake-down the American citizens for every last penny of profit. The fact remains, that despite the lofty promises of a supposed "benefit for the common good", only the most un-productive citizens ever see any return from the enormous taxes Americans pay.
That includes not only welfare-rats, but career politicians.
Does this enormous taxation really make government "work better"?
The sad truth is, responsible hard-working citizens who strive to improve their earnings, ...are PUNISHED for doing so. Our present taxation system is designed to KEEP YOU IN YOUR PLACE.
Read the book, and research examples of governments that actually put this practice to work. The Flat-Tax is FAIR, ENCOURAGES commerce,...and it works.
Not surprisingly, this book is under attack by the usual leftist human-waste. The critics of this book are the very people who are completely dependant on the government for support of their "alternative life-styles", ...or government "careers". Thats YOUR hard-earned money at work.
If we are all "equal" in status as American citizens, then why do some of us have to pay much more than our "equal" share of the tax burden? Why are some of us being PUNISHED for our sucess and hard-work, to feed, house, and clothe those who DO NOT carry their own weight?
Rated by buyers -
I agree. We need to simplify the tax rules. When I very first read this book and heard Forbes speak about it I was all for it. Now that I have had some time to read some of the reviews of it and of the Fair Tax I am beginning to question both the Flat Tax and Fair Tax plans. I have always questioned the idea of taxing only consumption. We already know that sales taxes affect the way we buy. I believe the actions to avoid taxes would only increase if the Fair Tax was applied, especially as we are becoming more and more a global economy. So, I still believe that we require a tax on income and not mainly consumption. Again, leaning back to the Flat Tax. What really is Forbes discussing as a Flat Tax? In my mind his idea of a Flat Tax is really a scrapping of the current system with all of its exemptions and rules and rewriting it. Well, that is a great idea. The problem as many have pointed out is that the complexity of the tax codes comes from determining what is actually income. What I think Forbes is trying to say is that he wants to make a more general rule about what we call income. Sounds good to me. My concerns are that this plan will not actually give everyone a tax break. I understand his point that with a lower tax bracket there will be fewer people that feel the need to avert the system, but I am not convinced that that will outweigh the drop in the percentage paid by those who currently abide by the system. I also worry that this will not eliminate the need for the IRS. Someone has to police and monitor all of that money. No matter how few the number of rules there still has to be someone checking that they are followed. Yet, I am still on board, I just think that Forbes is making the Flat Tax sound better then it ever can be.
I have another suggestion that I believe would simplify our paying and collecting of taxes. What if the IRS created a website/software that allowed us to calculate our taxes? This may be coming from my computer science side, but think about it. It would give us one single location to determine our correct tax amount that followed the tax code. It would already have all of the data already collected by the IRS that was sent in by our employers and financial institutions. So, really a lot of the calculations would already be completed. We would just have to enter in any other income, deductions, or credits into the system. Sure we would have to worry about the possibility for tampering with the system and determine how those without acess would file, but I think it could definitely save me time I spend on my taxes. Yes, it would get a fight from any number of tax preparation companies, but they are going to get hurt by any good change in the tax code anyway.
Rated by buyers -
Like any politically charged book this one (along with corresponding reviews) will likely get mixed reviews right along party lines. Conservatives will love it, progressives will hate it, blah-blah-blah. I think we've all had enough of it. So I figured it would be good to get a traditionalist's point of view, the opinion of a moderate, an independent.
First, the current tax code isn't working, so I welcome any idea for changing it. Steve Forbes proposes a flat tax, or what he calls a "fair tax", in which anyone over a certain income pays 17% income tax. We all pay the same percentage, but obviously different amounts. The rich pay more, the poor pay less, and the really poor don't pay at all. The interesting part is that Forbes uses strong, compelling evidence to support his contention that this will increase (rather than decrease) federal government revenues, that the poor will not suffer under the plan, that the rich will not squeeze through the cracks, and the economy will soar. He cites several other countries who have implemented similar measures and how well their economies have done afterward.
In addition, tax loopholes are closed so the rich can't use accountants to avoid paying their share, the IRS is disbanded, and we all pay our taxes with a simple 5 minute postcard. Sounds great. I'm sure there will be naysayers and "boos" and "hisses", but Forbes makes a strong argument here, at least one strong enough to be heard.
Find other books like this one:
