Fair Not Flat: How to Make the Tax System Better and Simpler and over one million other books are available for Amazon Kindle. Learn more
Qty:1
  • List Price: $23.00
  • Save: $1.15 (5%)
FREE Shipping on orders over $35.
Only 2 left in stock (more on the way).
Ships from and sold by Amazon.com.
Gift-wrap available.
Add to Cart
Want it Monday, April 21? Order within and choose Two-Day Shipping at checkout. Details
FREE Shipping on orders over $35.
Used: Like New | Details
Condition: Used: Like New
Comment: fine
Add to Cart
Have one to sell?
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more

Fair Not Flat: How to Make the Tax System Better and Simpler Paperback

ISBN-13: 978-0226555614 ISBN-10: 0226555615

See all 4 formats and editions Hide other formats and editions
Amazon Price New from Used from Collectible from
Kindle
"Please retry"
Paperback
"Please retry"
$21.85
$21.78 $5.69

Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student


NO_CONTENT_IN_FEATURE

Sell Your Books
Get up to 75% back when you sell your books on Amazon. Ship your books for free and get Amazon.com Gift Cards. Learn more.

Product Details

  • Paperback: 192 pages
  • Publisher: University Of Chicago Press (December 31, 2006)
  • Language: English
  • ISBN-10: 0226555615
  • ISBN-13: 978-0226555614
  • Product Dimensions: 9 x 6.3 x 0.5 inches
  • Shipping Weight: 9.6 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (18 customer reviews)
  • Amazon Best Sellers Rank: #2,047,791 in Books (See Top 100 in Books)

Editorial Reviews

From Library Journal

Tax-law expert McCaffery is a professor of law at the University of Southern California (USC) and director of the USC-Caltech Center for the Study of Law and Politics. In this articulate follow-up to Taxing Women, he provides an accessible and effective analysis of the present federal income tax and estate- and gift-tax systems and proposes an innovative approach that would replace both with a consistent progressive consumption tax. The author asserts that this proposal could simplify the system, reduce the negative impact of politicians and special interest groups, and make taxation fairer in general. This simple book covers a wide array of topics, ranging from the history of the U.S. tax system to the problems associated with previous tax reform initiatives, including the Tax Reform Act of 1986 and present discussions regarding implementation of a flat tax. A glossary, a list of further readings, and examples drawn from recent popular works (e.g., Robert T. Kiyosaki's Rich Dad, Poor Dad) enhance the text. Provocative and persuasively argued, this book is recommended for both academic and public libraries. Norm Hutcherson, California State Univ., Bakersfield
Copyright 2002 Cahners Business Information, Inc. --This text refers to the Hardcover edition.

Review

"Ed McCaffery is brilliant. He is very knowledgeable about our tax code and he speaks English. His new book takes on the flat-tax advocates by showing that our system can be both fair and simple." - Pat Schroeder; "Ed McCaffery pumps more logic into this one book than most do in a lifetime of writing. If you want to correct the foibles of our present tax system, Fair Not Flat is the one essential book you must read." - Bob Packwood --This text refers to the Hardcover edition.

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

4.4 out of 5 stars
5 star
10
4 star
5
3 star
3
2 star
0
1 star
0
See all 18 customer reviews
Let other agencies worry about that!
Jill Malter
If you want to learn about our current tax system and an alternative way to levy taxes, then read this book.
lawguy20
This book is exceptionally well written.
Melanie A. Goodrich

Most Helpful Customer Reviews

10 of 11 people found the following review helpful By Michael J. Edelman TOP 100 REVIEWERVINE VOICE on September 27, 2008
Format: Paperback
Economists know that income taxes are by nature distorting taxes- that is, they strongly affect our behavior. To try and correct for these distortions, we have enacted thousands of pages of of laws providing for 401Ks, IRAs, tax credits, investment credits and hundreds of other exceptions. And yet, there's a much simpler solution.

Consumption taxes are the ideal non-distorting tax. They don't punish investment, or tax inflation, or force people to spend millions every year on tax compliance (and tax avoidance). They're remarkably simply to collect, and people can't escape them by keeping their money offshore. A uniform Federal consumption tax could eliminate debates about Internet sales taxes. So why do politicians fight them?

One reason is that, despite constant speeches about reforming the tax code, politicians like a complicated tax code. It lets them grant favors, buy votes, and rail about making "the rich pay their fair share" even though the very wealthy (including many politicians) have ways of escaping the high marginal tax rates they put into law.

At its simplest, a consumption tax is simply a universal sales tax that exempts those goods that are a disproportionate part of the consumption of the lowest income groups- food, clothing, rent, and so forth. Everything else gets taxed at a single rate. By nature it's progressive- the wealthier you are, the less you spend on exempt items. It encourages investment- soemthing that benefits everyone.

Not convinced? Read this book.
5 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
15 of 18 people found the following review helpful By Michael Vanderburgh on June 1, 2006
Format: Hardcover
McCaffrey's on the right track. Consumption taxes are much better for everyone, from many different perspectives. He does a good job of tracking the history of taxation in the United States; most people don't realize that we haven't had an income tax very long, and our forefathers didn't want an income tax. In fact, it took a constitutional amendment in 1913 to even permit an income tax. However, McCaffery's plan is still too complicated, and prone to wreaking havoc on specific sectors of the economy. The FairTax, as outlined in Rep. John Linder's "The FairTax Book," is superior to and simpler than McCaffery's "Fair not Flat" tax, and maintains progressivity that completely untaxes the poor. And FairTax is much closer to reality, since it's an actual bill in Congress right now (HR 25 and S 25), and it has over 50 co-sponsoring Representatives and Senators. McCaffery should use his talents in the tax policy arena to help support FairTax, which already has a nationwide grassroots network over 700,000 strong. Thanks to McCaffery for bringing more attention to the importance of taxing consumption and not income!
3 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
6 of 6 people found the following review helpful By D. Bamford on June 15, 2010
Format: Hardcover
The book presented tax issues in a refreshingly clear and compelling way, but without being patronising. The problems with the current broad-based approach to taxation were laid bare. The answer, for McCaffery is a consumption tax base. Confusingly, however, in the final analysis he would use income calculations in order to determine consumption - thus ignoring one of the main advantages with consumption taxes. Indeed, the practicalities of collecting his tax seem to arise for high spenders; how will the authorities know who are the big spenders unless everyone has to provide their income details and how will the authorities collect the surtax off them? Presumably this would be done through an income tax, which again moves away from the advantages of consumption taxes.

It is easy to make a case against the current system; it is very problematic on a number of grounds because it is not use a true income base. However, McCaffery never compares his proposal with a more comprehensive income approach. This is perhaps forgiveable given that his aim is to show that his proposal is better than the status quo. But if this is his aim, he also needs to show that the Fair Not Flat Tax is also better than rival proposals.

We can draw out McCaffery's dismissal of a true income tax. He seems to think that there is no need to tax people's receipt of wealth, as long as they keep it invested. The idea here is that the person does not benefit from the wealth until they spend it. However, this is patently false. If Jon obtains a fortune and invest it while Ed does not, then Jon can earn additional income over time while Ed does not. Jon and Ed may spend the same amount of money, and therefore pay the same tax, but Ed has to work very hard all his life while Jon lives a life of leisure.
Read more ›
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
9 of 11 people found the following review helpful By A Customer on April 22, 2002
Format: Hardcover
This book was recommended to me by a friend who loved the book's honesty and insight. This book discusses advanced and interesting ideas which used to be off-limits to all but lawyers and accountants. Mr. McCaffery is engaging and easy to understand. Every taxpayer in America should read this book--It will give you new insights and will demistify the complicated world of tax law.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
6 of 9 people found the following review helpful By Melanie A. Goodrich on May 4, 2002
Format: Hardcover
This book is exceptionally well written. It is clear and easy to understand, with examples based in current literature. An important read for anyone who pays taxes.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
4 of 7 people found the following review helpful By Adam on May 29, 2002
Format: Hardcover
Any [one] can see that the transaction costs of the current income tax system combined with its accompanying incentive to waste make it unworkable from a wealth maximizing perspective. Anyone who understands the current tax system, even a left-wing, ivy league educated law professor has to admit that a consumption tax, coupled with the elimination of the estate tax would better equip America to reduce transaction costs and incentivize saving. "The Mac" lays it all out for the world to see ... are they looking?
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Product Images from Customers

Most Recent Customer Reviews

Search
ARRAY(0x9bc33f78)

What Other Items Do Customers Buy After Viewing This Item?