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FairTax: The Truth: Answering the Critics | 
 enlarge | Authors: Neal Boortz, John Linder
Publisher: Harper Paperbacks
Category: Book
List Price: $14.95
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Rating:  119 reviews
Sales Rank: 896
Media: Paperback
Number Of Items: 1
Pages: 272
Shipping Weight (lbs): 0.5
Dimensions (in): 7.9 x 5.1 x 0.8
ISBN: 0061540463
Dewey Decimal Number: 336.271
EAN: 9780061540462
ASIN: 0061540463
Publication Date: February 1, 2008
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Product Description
In 2005, firebrand radio talk show host Neal Boortz and Georgia congressman John Linder created The FairTax Book, presenting the American public with a bold new plan designed to eliminate federal taxes and the IRS, jump-start the U.S. economy, bring back lost industries and jobs, and recapture billions of untaxed dollars hoarded by criminal and offshore businesses. Their book became an immediate #1 New York Times bestseller, propelling a powerful grassroots tax reform movement that's spreading like wildfire across our nation. Now, three years later, the authors are back to answer the outspoken and misinformed critics of their innovative proposal. Offering eye-opening new insights not covered in the original book, FairTax: The Truth debunks the negative myths and gross misrepresentations of this groundbreaking idea. The FairTax plan is simple, brilliant, and it will work—enabling you to keep all the money in your paycheck; eliminating the fraud, hassle, and waste of our current system; and revolutionizing the way America pays for itself.
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| Customer Reviews: Read 114 more reviews...
 Beneath The Hype, A Good Idea October 4, 2008
As is usually the treatment of any policy issue during a campaign, the ideas presented in FairTax: The Truth - Answering the Critics are cloaked in more than a bit of hyperbole. Most of the following examples of this exaggeration have been mentioned by others. Still, they are worth repeating:
- The IRS will probably not disappear if FairTax is adopted. Some government body will be needed to collect and audit the FairTax proceeds. That organization will likely be the IRS.
- On page 30, the authors state, "The FairTax would eliminate the embedded costs of the American tax code - taxes on capital and labor - from the retail price, allowing corporations and businesses operating in the United States to sell their good and services to the global marketplace with no tax component." However, on several other pages in the book, the authors state that the FairTax would be an embedded component of a product's retail price. Nowhere else in the book do they indicate/imply that products/services sold overseas would be exempt from FairTax. Thus, the claim on page 30 doesn't seem plausible, given the book's other information.
- Several states have a sales tax and an income tax. Most of those states have experienced severe budget problems despite the multiple revenue streams (the best example being California's recent budget ordeal). Consequently, it seems that revenue streams play little part in whether governments can live within their means (that seems to be more a function of controlling spending urges). Thus, it is unlikely that shifting from an income tax to a sales-based FairTax system would lead to widespread budget reform, as is implied by the authors.
Despite these grandiose claims, there is a lot of validity for the arguments that Boortz and Linder present. There is little doubt that the current tax system is stifling economic growth and is in desperate need of an overhaul. The plan that Boortz and Linder present is a carefully crafted policy document that has a very strong likelihood of removing many of the productivity impediments and inequities that exist in the current system. Additionally, Boortz and Linder present generally sound rebuttals to many of the criticisms that have been leveled at the FairTax proposal.
Yes, there is more than a little hype in FairTax: The Truth - Answering The Critics. But, once a reader gets past the hype, the book contains a very sound tax policy within its pages. This policy and arguments presented in the book not only deserve to be read by the tax-paying public, but also deserve to be debated within our legislatures.
 Every US citizen should read this book October 3, 2008
0 out of 1 found this review helpful
Whether or not you like Neal Boortz, you must read this book. It should be required reading for anyone running for office or going into a voting booth.
Fair Tax by Neal Boortz September 2, 2008
0 out of 1 found this review helpful
This tax system is fair and definitely what America needs. It would help all economic levels. The IRS presents more problems to tax payers. The data processing people make incorrect entries and it costs Americans--------mostly small independent business people------thousands of dollars to try to correct the problem. Just when you think it is corrected, you receive another notification that you owe more interest and penalties for a problem you thought was solved. In the event you retire and move-----prepare yourself to hear from IRS again-----------from a new district. The Fair Tax is the way to go for everyone. The truly wealthy will pay their fair share of taxes. I doubt it ever happens as you will have lobbyists working for the Estate planning experts that set up family trusts to protect the money. As most of Congress is very wealthy they will not want to see a Fair Tax----------not even the so called liberals.
must read August 29, 2008
0 out of 1 found this review helpful
Read and pass on!
If everyone understood what this would mean to them, we could force the politicians to switch Federal taxation to the Fair Tax system, and we would all pay a lot less in Federal taxes! No more withholding or tax returns!!!
Wish I could give it Ten Stars August 23, 2008
0 out of 1 found this review helpful
Yes the subject is a little dry, but if you will read this and the companion book with an open mind, I believe you too will become a fervent Fair Tax supporter. Don't fall into the trap that this is just another giveaway for the wealthy. It is the single best way to tax wealth that I have ever seen. The reason Congress won't do this is it takes away their power and would put their spending under the public microscope. Congress wants to continue their pork barrel spending without having to answer to their boss, the American taxpayer.
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