Even if you already know and support the FairTax, this book is a must-read.
First it describes how the FairTax came about, a question that comes up often in discussions! This is no fly-by proposal. On the contrary, it is the result of a 10-year study by major economists from universities like Stanford, Harvard, Rice, MIT, and more. The book names names: Who paid for the study and why, what they're doing now and what they plan to do.
Americans for Fair Taxation has a lot of information on their website but this book has even more. Here you'll find a collection of articles, charts (rebate calculations,comparisions of all kinds, estimates, costs, etc.), letters, studies and results.
There's a great chapter on the "Impact of the FairTax on Interest Rates" that will make everyone sit up and take notice,
There are sections on how the FairTax will impact businesses like home builders, financial services, mining, oil and gas, and more -- even timber-related industries!
Most amusing and delightful is "The Twelve Days of a FairTax Christmas" beginning on page 56 and written by a FairTax staff writer.
FairTax, by giving every worker his/her entire paycheck, makes every day Christmas Day.
In short, this book tells the reader who needs the FairTax and why, who are the people behind it, what the experts say about it, gives the impact of the FairTax on the economy and various organizations and businesses and chronicles the history of hearings already held on the subject.
If you think you know all there is to know about the FairTax, this book will prove to you that you don't.
If you don't know anything about FairTax (and if you're a taxpayer you owe it to yourself and your family to find out), this is a reliable, complete source of information.
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