True G.R.I.T- A True Graduated Rational Income Tax System
The most compelling and comprehensive book ever written on the subject of drastic, sensible and fair tax reform. The Internal Revenue Code is dramatically simplified and the IRS as we know it is abolished in the new fair tax system. The author is a CPA Tax expert in practice for 40 years who understands the many flaws of our current tax system, and sets forth a bold and detailed plan to fix it. More
This book sets forth the most comprehensive rewrite of the Internal Revenue Code since the 16th Amendment was passed in 1913 authorizing Federal Taxation. Tax rates in the new fair tax system range between 0 and 25%, and the entire Internal Revenue Code is drastically simplified for everyone. The Estate Tax is eliminated, and the new system levels the playing field for business taxpayers. For the first time ever the tax law will treat businesses fairly and consistently. The intense fear of the IRS will be eliminated as the frightening threat of an IRS Audit is eliminated in the new fair tax system. The IRS will serve in a new role of assisting taxpayers instead of inflicting pain and agony. The concept of a true fair tax is often talked about, but this book actually sets out a bold new course for a fair, rational, sensible, stable and predictable tax system. The author is a seasoned CPA Tax Expert that has practiced in the tax world for 40 years, and understands the flaws of our current tax system and has created a new system to fix it.