Books The FairTax Book
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Rating: 2 out of 5 stars - Panacea Tax or Pandora Tax
The old saying applies. If it's too good to be true, it probably is. The FairTax proposal is presented by the authors as beneficial to all US citizens. They present it as a Miracle Tax System, like snake oil presented by traveling salesmen, or green cloth, Holy Soap, or No-evil Oil promoted by Evangelicals.

Economics is the study of tradeoffs. You must lose a positive to gain a positive that you consider more valuable to you. This book on the FairTax refuses to recognize this fundamental definitional idea embedded in any economic or fiscal theory at all.

The book is demogoguery. Since most American readers do not possess critical thinking skills, many will find this manifesto worth reading. Nevertheless, all manifestos are essentially frauds, written by wolves in sheeps' clothing, whether the "Communist Manifesto" by Marx, "Milestones" by Qutb, or this very poorly and sarcastic piece of writing by radical extremists from the far right.

A sophisticated reader will see very shortly the intent of the book. I quote directly. "What (politicians) will lose (with the FairTax) is the ability to raise the sales tax rate (or any taxes) on just one segment of the population (the rich), while trying to curry favor with another segment (the non-rich).

This book pretends to be neutral, but in fact encourages the creation of a new Gilded Age, when "Robber Barons" ruled while most of the Americans suffered under that rule. The serious reader should read up on that period in America.

The key fraudulent assumption is that belief leads to fact. "Everything is possible, if you believe hard enough." That quote is from Peter Pan, the boy who wouldn't grow up. Just because each American may aspire to riches does not imply that any but a few will actually achieve significant wealth.

Beware of the fox who tries to persuade you to let him into your chicken coop, just for a few days. Then, if you don't think this idea is the best you have ever heard, simply ask the fox to leave.

We have tried this idea before, at the time of the Great Depression. It obviously did not work under Herbert Hoover. It will not work with the so-called FairTax. There are sound reasons why the New Deal came into existence, and why it continues to this day.

No matter how wonderful a panacea may be, there is always a dark side. The ancient Greek myth of Pandora shows the way. She was given many wonderful gifts for humanity, including a box. She was warned however not to open it. When she nevertheless did open the box, plagues came out. The FairTax may seem like a Panacea Tax, but beware it is not really a Pandora Tax instead.

I do give the book two stars, rather than one, because it reads very quickly. One can read it in a day, or better, skim it in an hour. The lack of serious data and analysis, the outright distortions of conclusions, the overly sarcastic tone, and the incompetence of the authors to show any economic understanding will entertain serious readers as any farce would.





Rating: 5 out of 5 stars - Excellent Book
This book is very well written and makes what is normally boring material, exciting to read. It provides a great history/summary of our current tax code and presents a brilliant alternative. You've GOT to read this book!!



Rating: 5 out of 5 stars - Can help restore the Republic ...
This can be the first step in restoring the Republic. The general public believes that an income tax is both legal and is needed to fund the government. Regardless of the facts, the Fair Tax will be a way to rid this nation of the IRS and then give us time to get the truth out to the public. Even Ron Paul said that if he were elected President, he would sign the Fair Tax bill ... it would be a good first step toward restoring the Republic, the Constitution, and the rule of law.



Rating: 5 out of 5 stars - Awesome
This is an awesome book. I wish everyone would read it. Very happy with transaction too. Shipped very fast

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