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Books > Business & Money > Economics > Economic Policy & Development > 0817993118
  1. The Flat Tax (HOOVER CLASSICS)
    The Flat Tax (HOOVER CLASSICS)
    The Flat Tax (HOOVER CLASSICS)
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  2. The Flat Tax (HOOVER CLASSICS)

    [0817993118]
    Delivery: 10-20 Working Days
    Customer Ratings (10 reviews)
    Price R458.00

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Specifications

Country
USA
Binding
Hardcover
Brand
Brand: Hoover Institution Press
EAN
9780817993115
Edition
2nd
Feature
Used Book in Good Condition
ISBN
0817993118
Label
Hoover Institution Press
Manufacturer
Hoover Institution Press
NumberOfItems
1
NumberOfPages
244
PublicationDate
2007-04-01
Publisher
Hoover Institution Press
ReleaseDate
2007-04-09
Studio
Hoover Institution Press
Most Helpful Customer Reviews

The 60,000 page tax code itself is the issue, not another tweak or incentive in the way of tax rates, credits, deductions, or what not. The uber rich (including Warren B and Bill G) pay VERY LITTLE as it stands now because of how the code protects those who have concentrated, inherited, or sudden wealth. For just one example, just set up a qualified multigenerational family foundation, put a big chunk of appreciated stock in it, and you avoid the majority of capital gains, income, and even estate tax - forever! The world of trusts and foundations is murky to most people, and the truly rich (as opposed to very high income workers/business owners - VERY different people) depend on your ignorance of how the code really works to perpetuate class warfare that in the end will leave them right where they are. Yes, it's the new American Aristocracy.

The only real answer to spur the economy and solve the deficit at the same time is a true flat tax with no or extremely limited... Read more
The United States tax system is insane. At over 70000 pages and counting, it's impossible for any person to fully understand it. It's riddled with loopholes and special cases, inserted over the years by politicians larding their bills to attract votes. Its incentives distort individual choices by making evasion and avoidance more attractive, it stimulates rent-seeking, and it's spawned entire industries devoted to addressing the deadweight loss from its complexity. It is almost thoroughly unlikable, and it's a system no one would ever design.

This book presents an alternative tax system: the flat tax. The flat tax strips away nearly all the complexity of the current tax code, reducing the entire tax system (with a couple exceptions like the social security tax) to a handful of figures and simple calculations, stripping away nearly all special cases to eliminate loopholes and opportunities for unequal treatment. The authors reduce the entire code to a mere seven very short... Read more
I purchased this book to help me understand the hoopla about alternative tax methods. The book not only explained why the flat tax proposal is good for the country, but compared it to the fair tax idea. Overall, I enjoyed the read, it had a lot of good information (especially since I didn't have any to begin with), and I like the easy way the author explained the subject matter. I'd recommend it to anyone who, like me, is trying to get a better grasp of the political ideals being thrown around these days.
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