The Great American Tax Dodge: How Spiraling Fraud and Avoidance Are Killing Fairness, Destroying the Income Tax, and Costing You

Rating:
Summary: Read this before you vote!
Review: Just read the last two chapters, "How Congress plans to increase your Taxes" and the final chapter on their solution. These authors show how Congress is crippling the enforcement of tax cheats by the rich, even granting them loopholes so they pay even less than they should. The flat tax and national sales tax are shown to be the shams they are, the rich will get very rich and the poor and middle class will take the burden of the lost taxes from the rich. Don't believe me, read the book. Why did Warren Buffett endorse Gore saying he (Buffett) pays less taxes than his secretary? Because this is all true, Congress has always made the tax laws favor the rich, hiding it in complex regulations that only the rich can afford the lawyers and accountants to figure out. They pay less taxes and now the Republicans want to make the income tax so difficult that the rest of the country can be sold a bill of goods that repealing the income tax and putting in a flat tax will help the middle class instead of the truth that it will devastate the middle class. Buy the book, get the book from the library, but read the book before you vote!

Rating:
Summary: Informative but unhelpful
Review: The major portion of the book confirms our suspicions of the massive tax avoidance and evasion that is extant in the U.S. today. I found much of the material to be revealing of the methodology used by rich and poor to escape the responsibility of paying ones dues.
The authors lost me in their attack on VAT ( National Sales Tax ) which has worked successfully in tne United Kingdom and in Canada. These countries are way ahead of us in Social Services. Any tax plan will have its defects, but this is one way to avoid the off shore plans, and the refusal to even submit the 1040 form.
The final chapter devoted to the authors' solution to the problem is a joke. If you take one suggestion after another it is clear that our economy will not tolerate their badly constructed cure. I think that they were just in a hurry to close out the book and had really ill considered, ( or no ), advice from seasoned economists. These two chapters left me with a feeling of let down and disappointment. I had hoped to find some well constructed answers to a pernicious problem. But they offered none.

Rating:
Summary: The Essence of the Argument is There...
Review: While there are some short-comings with this book, the overall general idea rings true, and their evidence supports the claim. The book does not aim to be a fix-all for the numerous troubles that ail american democracy. Rather, it simply aims to expose yet another example of class preference in American society.

Like the legal system, the tax code works more to one's advantage the more money one has. That is the simple premise of the book - not government gridlock, not class jealousy, and certainly not socialism. The authors argue from the simple point of showing how wealthy individuals take great advantage of our tax code. And while it does suggest a certain conclusion, I would argue that it is common sense and logic that they use to arrive at the fact that this is but one more way the wealthy absolve themselves of any responsibility in society.

In the end, it is an informative read, but should not be taken by itself. It should be read in conjunction with other works on the tax code, gov't spending, and other problems that plague American society and allow the wealthy to keep distancing themselves, and avoid responsibility.