That’s right. Just after its publication in August 2005, “The FairTax Book” rocketed to #1 on the New York Times bestseller list. Obviously, the book captivated the American public with its simple and irresistible premise: The despised federal income tax system needs to be shut down — and America finally has a plan to do it!
Co-authors Neal Boortz, the firebrand host of the nationally syndicated Neal Boortz Show, and Georgia Congressman John Linder set forth their plan to replace the income tax with a simple 23 percent tax on all retail sales of new goods and services. Sponsored in Congress by Linder himself, the FairTax proposal and is already backed by 38 other members of the House and the Senate — more supporters than any other fundamental tax reform bill in history. It has also been endorsed by more than 70 leading economists at universities across the country.
In simple, clear language, Boortz and Linder explain how the FairTax will: