Neal Boortz

Who likes our tax system? Who enjoys going through the paperwork and headaches of April 15th? There are hidden taxes everywhere (have you looked at your phone bill lately?). The system is so complicated and convoluted that we require professionals to do our taxes - and even they come up with the wrong answer!

Neal Boortz is proposing a simpler system: a 23% national sales tax. There would be a monthly check sent to each household that would cover the basic living expenses based on the national poverty line.

So the average American would receive their full gross pay every week/2 weeks. How do you like that? Every retail purchase you make would be paying a 23% sales tax; however, the price of products and services will remain the same because of all the hidden taxes removed. Okay, this part is a little sketchy.

But hey, if I received my full gross pay and pre-bate, I could deal with a 23% increase in everything I buy from retail.

It does bother me that all these "expert economists" are studying and coming up with all these wonderful outcomes of this system. Economists are paid to predict and study ... but how can anyone measure something an idea like an economy? How can they predict what 250 million Americans will do ... or 6 billion earthlings? I don't remember anyone last year predicting hurricanes that would wipe out New Orleans.

So there are risks. But our current system of exceptions, loopholes, and exceptions to the loopholes boggles my head. FairTax proposal is not perfect ... it should be called "SimpleTax".

On april 15th when you're doing your taxes, remember there are other choices ... another way.… (plus d'informations)

This book points out the complexity of the Federal Income Tax system, and recommends abolishing it and the entire Internal Revenue Service, and replacing it with a national sales tax. While fair on the surface, the poor will tend to be hit hardest by such a plan. However, part of the plan, lower income individuals and families will receive a "prebate" to ensure that they are able to purchase the basics without penalty. Many issues need to be resolved with the plan, but simplifying the tax code, making it fair for all, and eliminating many of the loop holes which allow many to escape taxation is a good idea. The book is a follow-up to the original Fair Tax book, and attempts to answer many questions such as 1. Will the Fair-tax be Revenue Neutral? 2. Will 23% tax be sufficient? 3. Will Employers pay the Payroll and Withholding tax to their Employees currently being deducted from their checks, or will they keep it? 4. How much will the Fair-tax Prebate cost? 5. Will the Fair-tax effect the amount of our Social Security Benefits? 6. Will we have to start Paying the Fair-tax on items not currently taxed now? 7. Will the cost of goods and services increase, because of the Fair-tax? 8. Who will the Fair-tax benefit and burden the most?
… (plus d'informations)