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The Tax Racket: Government Extortion From A to Z Paperback – May 23, 1995
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Galled by April 15? Readers can temper their bilious moods with Gross' third broadside at out-of-control government. His previous two hit the best-seller lists (Government Racket, 1992, and Call for Revolution, 1993), and this shot at tax rate collection methods emulates its predecessors' anecdotal, alphabetical approach in its quest to collect. For each lettered tax, from airport passenger taxes to the famously dumb yacht tax of 1990 (it killed off boat construction and raised little revenue), Gross reports the travails of Jane Q. Citizen and rails against the avaricious ingenuity that subjects her every transaction to exaction. In some states, she needn't be transacting anything: something called the Intangible Personal Property Tax levies payments on idle assets like certificates of deposit. For this plague of payments, mounting past 40 percent of most people's income, Gross' antidotes are radically astringent: abolish the IRS, abolish county governments, abolish capital gains and inheritance taxes, and substitute a 13.5 percent national sales tax. Public libraries might not warm to a program that endangers their revenue stream, but patron demand trumps institutional self-interest. Gilbert Taylor
From the Inside Flap
OUR GOVERNMENT IS PICKING OUR POCKETS--AND CALLING IT TAXATION!
In his previous bestsellers, The Government Racket and A Call for Revolution, Martin L. Gross alerted the nation to government waste, corruption, and the shocking squandering of public funds. But an even deeper and more pervasive problem is crippling America's economy and undermining our nation's strength: excessive and unfair taxes. Through spiraling federal, state, and local taxes, our government is literally robbing us blind right under our noses--and it's time we opened our eyes to the truth. In comprehensive chapters from A to Z (Audits to Zoning), The Tax Racket exposes exactly what's wrong with our present tax system, including:
Taxpayer Rights? You don't have many. The Constitution supposedly protects us against search and seizure of our papers and property, but the IRS couldn't care less.
Airline and Airport Taxes--these federal taxes on every plane flight are not only kept secret from you, but much of these billions that go into Washington's general slush fund are not even used for better air travel.
X-tortion Oddities--our governments levy taxes for all sorts of things you've never heard of--from "mall taxes" to "use taxes" to "snack taxes" to 66 "excise taxes"--but you pay them anyway.
Earned Income Tax Credit--this program, billed as an aid to the working poor, is actually the biggest fiscal assault ever launched on the beleaguered American middle class.
Social Security--the more the government hauls in your FICA taxes, the faster it spends that money on everything else, from welfare to farm subsidies to the President's salary. The result? Social Security will be bankrupt when the baby boomers retire.
But it doesn't have to be this way. The Tax Racket lays out a clear and workable plan to fix it--by abolishing all federal, state, and city income taxes and replacing them with a fair and equitable national sales tax that will reduce the tax burden on everyone. Nothing gets American citizens angrier than the excessive and overlapping taxes forced down their throats. This honest, eye-opening book is a call to arms to bust the tax racket before it breaks the backbone of our nation.
It's time to say goodbye to filing, penalties, interest, audits, and fear!
STOP TAKING OUR MONEY!
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Top Customer Reviews
Gross points out that virtually every tax is unjustifiable and he's right on the money. While Gross argues for trashing the current tax code and implementing a National Sales Tax I would have liked to read the author's view on dumping the tax code and replacing it with a voluntary contribution plan: a plan where participants donate what ever amount they desire to the Federal government. This voluntary donation system works for the non-profit sector there's no reason it wouldn't work for the government sector. Of course this suggestion flies against the established orthodoxy and there are many entrenched parties, benefitting greatly from the current status quo, who don't want to see their "doxy" threatened.
Gross advocates dumping all federal, state and local income taxes to be replaced by a national sales tax. Bravo!!
While nothing gets people more upset than having their hard earned income extorted from them in the form of taxes nothing gets the bureaucrats and beneficiaries of the current tax system more rankled than suggesting that their cash-cow be slaughtered. Its time to realize that one group's golden hen is another's hungry shark. It is time to take the country's "income confiscating beast" to the abattoir.
Martin Gross has penned a masterpiece. It is a "must-read" book which should be placed next to Thomas Paine's "Common Sense". Two thumbs up and a 5 star rating.
As Gross so clearly points out, we have taxes EVERYWHERE. Not just income taxes, but nearly a 100 different taxes hidden in almost everything we do in our daily lives, from airlines (A) to telephone (T) taxes and everything in between.
And how does government continue to perpetuate their "Tax Rachet" on the American people? Read this book and you'll never think the same about government and taxes again.
This book should be required reading for all Americans.