Few people would expect a book about taxes to take The New York Times bestseller list by storm, but that’s exactly what The Fair Tax Book has done. For decades, Americans from every point on the political spectrum have moaned about April 15th and the maze of ridiculous instructions and high confiscatory taxation that accompanies that day. The current tax code is a labyrinth of over nine million pages of indecipherable jargon only a federal bureaucrat could fully appreciate. So is there anything we can do about this monstrosity?
You bet. The Fair Tax Book, authored by Georgia Congressman John Linder and nationally syndicated talk radio host Neal Boortz, lays out a perfect case for why the current tax code should and can be replaced by a simple and easy to understand tax system that slashes the current nine million pages of red tape in favor of a 133-page gateway to prosperity.
The concept is simple. All current federal taxes – income taxes, medicare taxes, social security taxes, gasoline taxes, capital gains taxes, etc. – will be eliminated overnight. In their place, the federal government will levy a single 23% sales tax on all retail goods....