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10 Excellent Reasons Not to Hate Taxes Paperback – January 30, 2008
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For those who know little about taxes, progressive, regressive, personal, payroll or corporate, this book provides an excellent explanation of what many people may have heard without completely understanding. It also explains the alternative minimum tax which was designed to make the wealthy pay their fair share was never adjusted for inflation is now hitting upper middle class people with a substantial tax burden that was never intended for them.
Another essay describes taxation as a moral, biblical obligation rooted in the Book of Genesis. The author's contention is that reducing government to the most minimal of services will NOT be offset by faith-based initiatives. Greed will win out over charity every time preventing people from reaching their "divinely inspired potential." On the other hand, tax "write-offs" allow a high level of charity to be maintained.
One of the most damaging misconceptions about taxes and big government, explains another, is that taxes will stifle economic growth by crowding out personal investment. He points out that taxes fairly collected and distributed actually promote economic growth because government spends money on science, education, transportation, infrastructure and health care, which is an investment in the future of our country. Our dams, national parks, and interstate highway system attest to that.Read more ›
I admit that there were several essays that I did agree with, such as continuing the estate tax, and quite a few I didn't agree with. Of the ten essays, I am sure everyone will have their own particular "blend" of things to like and dislike. Either way, the book will provide a lot of material for discussion of the current broken tax system and how we should change it. And, the one thing I think most reasonable people can agree on is the need to overhaul our current system. Reading this book only reminded me of just how broken the system is.
My rating represents 3 stars for content and 5 stars for the quality of the writing.
Because this book IS a collection of essays . . . I didn't understand that. There is an introduction by D. Johnston and everything is edited by S. Greenwood, but the 10 essays all have different authors, sometimes a pair of authors.
The essays are mostly user-friendly and non-technical. Also, they were apparently written for this volume especially: they do not seem to have been collected from periodicals, newspapers, and so forth.
But it's a pretty good book for the stated purpose: you'll come out with a much deeper appreciation of the necessity of taxes beyond just "they help build schools and roads." My favorite was the last: "Taxes fuel democracy."
Note that this is also a very short book: about 125 pages of readable text. Plenty of citations in the footnotes at the back, too, in case you need to go to the source data for a class paper.