Reforming U.S. Taxes
Description:
Everybody complains about taxes but Congress is unable to agree on how to change our system. This book describes where we are now, such that Mitt Romney and Warren Buffett manage to pay taxes at half the rate of middle-income people, and it suggests a number of changes that could make federal, state, and local taxes more rational and acceptable to taxpayers. Written in every day language, this book includes a lengthy dictionary of tax terms to help ordinary people figure out what tax people are talking about. In addition, this book discusses how tax systems in several other countries manage to fund public services that we Americans can only dream about. Further, it suggests how we might use our tax system to tackle problems ranging from high unemployment to global warming. There are possibilities we haven’t been talking about that might warm the hearts of conservatives as well as put smiles on the faces of liberals. It also talks about how the voters in this country control taxation (really!) and how the very wealthy have corrupted the system in their favor.