Summary Flat Tax Revolution

The must-read summary of Steve Forbes's book: “Flax Tax Revolution: Using a Postcard to Abolish the IRS”. This complete summary of "Flat Tax Revolution" by Steve Forbes, editor-in-chief of the renowned Forbes magazine, presents the author's argument that it is time to abolish the IRS and summarises the benefits of implementing a flat tax. Added-value of this summary: • Save time • Understand how a flat tax rate would benefit the American economy • Expand your knowledge of politics and economics To learn more, read "Flat Tax Revolution" and discover how implementing a flat tax rate has revolutionised countries across the world.

The president of Forbes, Inc. presents his argument for a flat tax, suggesting that the new tax would be fair and efficient, with the new tax form being no bigger than a postcard and without any of the loopholes that currently exist.

Introduction -- Capital explosion -- Tax cut revolution -- Flat tax club -- Mobile brains and mobile wealth -- Taxing businesses in the global economy -- The economics of tax competition -- The battle for freedom and competition -- The moral case for tax competition -- Options for U.S. policy.

This new and updated edition of The Flat Tax—called "the bible of the flat tax movement" by Forbes—explains what's wrong with our present tax system and offers a practical alternative. Hall and Rabushka set forth what many believe is the most fair, efficient, simple, and workable tax reform plan on the table: tax all income, once only, at a uniform rate of 19 percent.

America’s runaway inequality has an engine: our unjust tax system. Even as they became fabulously wealthy, the ultra-rich have had their taxes collapse to levels last seen in the 1920s. Meanwhile, working-class Americans have been asked to pay more. The Triumph of Injustice presents a forensic investigation into this dramatic transformation, written by two economists who revolutionized the study of inequality. Eschewing anecdotes and case studies, Emmanuel Saez and Gabriel Zucman offer a comprehensive view of America’s tax system, based on new statistics covering all taxes paid at all levels of government. Their conclusion? For the first time in more than a century, billionaires now pay lower tax rates than their secretaries. Blending history and cutting-edge economic analysis, and writing in lively and jargon-free prose, Saez and Zucman dissect the deliberate choices (and sins of indecision) that have brought us to today: the gradual exemption of capital owners; the surge of a new tax avoidance industry, and the spiral of tax competition among nations. With clarity and concision, they explain how America turned away from the most progressive tax system in history to embrace policies that only serve to compound the wealth of a few. But The Triumph of Injustice is much more than a laser-sharp analysis of one of the great political and intellectual failures of our time. Saez and Zucman propose a visionary, democratic, and practical reinvention of taxes, outlining reforms that can allow tax justice to triumph in today’s globalized world and democracy to prevail over concentrated wealth. A pioneering companion website allows anyone to evaluate proposals made by the authors, and to develop their own alternative tax reform at taxjusticenow.org.

"There is increasing interest in, and recognition of, the need for both tax reduction and tax reform in Canada. This book provides the rationale for tax reform and a road map for that reform. The book includes 5 chapters from leading experts in the field and provides a persuasive, compelling case for tax reform in Canada." "The Impact of Taxes on Economic Behavior by Milagros Palacios and Kumi Harischandra offers a broad overview of the incentive effects associated with taxes that affect our decisions to work more, to save, to invest, and to engage in entrepreneurial activity." "Compliance and Administrative Costs of Taxation in Canada by renowned University of Montreal economics professor Francois Vaillancourt and Jason Clemens provides readers with an understanding of the vast costs associated with administering, and complying with, our current tax system."--BOOK JACKET.

Although nearly everyone involved with our federal taxation system agrees that simplification of this system is a positive and even necessary step, achieving it has proven to be difficult. Exploring the issue from start to finish, this detailed blueprint to tax reform offers real solutions to the real problems of our taxation system. Author Donald E. Phillipson, a lawyer who has studied the tax code for years, reveals facts about deficit spending and the national debt and examines alternative taxation approaches. He explores problems with current tax subsidies and individual income, corporation income, and estate taxes and presents new solutions to those problems. Phillipson also offers new perspectives on the total federal tax obligations of individuals and relationships among taxes on individual income, corporation income, and estates and gifts. Our taxation system desperately needs reform that takes into account the function of the system as a whole. This study demonstrates that such reform is possible and that taxes can be fair, accountable, and simplewithout the creation of new tax collection structures.