04 March 2008

The FairTax

I just purchased the book, "FairTax: The Truth. Answering the Critics" written by one of my favorite radio personalities, Neal Boortz, and Congressman John Linder (R-Ga).

From the FairTax website:

"The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including:

  • A progressive national retail sales tax.
  • A prebate to ensure no American pays federal taxes on spending up to the poverty level.
  • Dollar-for-dollar federal revenue neutrality.
  • Repeal of the 16th Amendment through companion legislation."
Any talk of a fair and uncomplicated tax code makes me happy. And of course, who can dislike a book which has a "no IRS" pic on its cover?

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