OUR GOVERNMENT IS PICKING OUR POCKETS--AND CALLING IT TAXATION! In his previous bestsellers, The Government Racket and A Call for Revolution, Martin L. Gross alerted the nation to government waste, corruption, and the shocking squandering of public funds. But an even deeper and more pervasive problem is crippling America's economy and undermining our nation's excessive and unfair taxes. Through spiraling federal, state, and local taxes, our government is literally robbing us blind right under our noses--and it's time we opened our eyes to the truth. In comprehensive chapters from A to Z (Audits to Zoning), The Tax Racket exposes exactly what's wrong with our present tax system, Taxpayer Rights? You don't have many. The Constitution supposedly protects us against search and seizure of our papers and property, but the IRS couldn't care less. Airline and Airport Taxes--these federal taxes on every plane flight are not only kept secret from you, but much of these billions that go into Washington's general slush fund are not even used for better air travel. X-tortion Oddities--our governments levy taxes for all sorts of things you've never heard of--from "mall taxes" to "use taxes" to "snack taxes" to 66 "excise taxes"--but you pay them anyway. Earned Income Tax Credit--this program, billed as an aid to the working poor, is actually the biggest fiscal assault ever launched on the beleaguered American middle class. Social Security--the more the government hauls in your FICA taxes, the faster it spends that money on everything else, from welfare to farm subsidies to the President's salary. The result? Social Security will be bankrupt when the baby boomers retire. But it doesn't have to be this way. The Tax Racket lays out a clear and workable plan to fix it--by abolishing all federal, state, and city income taxes and replacing them with a fair and equitable national sales tax that will reduce the tax burden on everyone. Nothing gets American citizens angrier than the excessive and overlapping taxes forced down their throats. This honest, eye-opening book is a call to arms to bust the tax racket before it breaks the backbone of our nation. It's time to say goodbye to filing, penalties, interest, audits, and fear! STOP TAKING OUR MONEY!
This is the only book that has made me want to run for public office. The IRS and Congress's motto should be:
If it moves, tax it. If it doesn't move, tax it. It it doesn't fit in either catagory, tax it.
This book was an eye-opening look inside the IRS, our tax system, and the Federal Government's dependency on it. It's simply amazing the things that are taxed. The author discusses in depth the history behind many of these taxes and why they are either outdated or just plain ridiculous.
In the end he offers his solution, which is found in all his other government-based books. Nuke the IRS, repeal the sixteenth amendment, and institute a National Sales Tax. He also suggests ways of streamlining the government, closing agencies and departments that serve no purpose. These include the Department of Agriculture, Department of Energy, Department of Education, Rural Electrification Administration, Interstate Commerce Commision, Helium Reserve, Essential Air, and the Small Business Administration (which has an enormous loan default rate).
This is an excellent book. One warning...I guarantee after reading this book you will be so fed up with the IRS and our means of taxation and waste that you'll (hopefully) run for office just to clean it up.
This book is dated, but it's still relevant, today. I thought that I knew all about taxes, but Martin made me aware of taxes that I had no idea existed. In my version, there was a tax calculator in the back. I don't know if it's still part of the book. But if it is, use it to calculate how much tax you really pay in a year. You will be astonished.
Depressing & fascinating to see the myriad of ways the government reaches into our wallets. Abolition of the IRS is probably a pipe dream, but Gross offers a solid arguement on why and how we should do it.