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Monday, August 15

The FairTax Book

I know I've been very slack about posting to my blog, but I have been inspired to break the silence. This past week I read the new book about tax reform that has been sitting atop the New York Times bestseller list. I have been a longtime supporter of the FairTax, but this book makes this radical legislation easy to visualize and understand for almost anyone. I hope that the FairTax Book will continue to sell and force the mainstream media to cover this story. I think anyone who reads this book will understand how badly our country is in need of a major reform in the way our government taxes its citizens. You will also understand that this does not mean we can't raise even more money for our government to use in it ever-expanding scope while at the same time collecting these taxes in a completely fair and optional way. All Americans, (especially lower and middle income Americans) would actually have the option to not pay taxes at all, and we would still raise more revenue than we due under the current financially crippling system.

I have know about the FairTax plan for some time now and understand most of the ideas surrounding it. One area this book opened my eyes about for the first time was how our current system puts American companies at a pretty extreme disadvantage when selling into the global marketplace. One of the examples made it quite clear why Mercedes is beating the pants off of Cadillac every foreign marketplace that both are sold in. Even if you think you are adverse to changing the current tax system for some reason, you still need to read this short book and decide if you already knew everything you thought you did about the wrongs of the current system.

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