The FairTax Book

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:

• Let you choose to save all the money you want — and pay taxes only when you spend it
• Eliminate billions of dollars in embedded taxes we don’t even know we’re paying
• Recapture billions of untaxed dollars currently lost to criminal and offshore businesses
• Attract the $10 trillion held in offshore financial centers back into our banks and markets
• Jump-start the U.S. economy
• Eliminate all the fraud, hassle, and waste of our current system
• Protect lower-income Americans by covering the tax on basic necessities
• Push down interest rates by as much as 30 percent
• Save taxpayers $10 billion up front by eliminating the costly and inefficient IRS
• Save Americans $500 billion per year — the hidden cost of paying our taxes
• Tax the $1.5 trillion underground economy
• Make April 15 just another beautiful spring day!

Tags: Neal Boortz, The FairTax Book