The Flat Tax

Why It Won't Work for America

Scott E. Hicko

• Publisher: Addicus Books
• Year: 2013
• Topic: Business
• eBook ISBN:
  9781938803918
• Subtopic: Taxation
• Index: Business

On the surface, the concept of a flat tax sounds good—it would simplify tax preparation and lower most people's taxes. However, according to Scott E. Hicko, a flat tax would increase taxes for the average worker and destroy the American dream. Under such tax legislation, the super wealthy would pay less tax while the nations's working class sould carry the nation's tax burden. First introduced in the 1970's, the flat tax concept will continue to be debated as the government seeks ways to streamline, says Hicko. And, most people do not understand the realities of it. The Flat Tax: Why it Won'T Work for America is the first book to outline the negative impact a flat tax sould create on the American economy.

Table of contents

• Title Page
• Copyright
• Contents
• Acknowledgments
• Introduction
• 1 The Internal Revenue Code
• 2 The Current System: Power to the People
• 3 The Flat Tax System: Power to the Super Wealthy
• 4 Marginal Vs. Flat: What’s Fair?
• 5 We Already Have a Flat System
• 6 Simplicity But, at What Cost?
• 7 The Flat Tax and the Deficit
• 8 Irs: Friend or Foe?
• 9 Hello Flat Tax, Goodbye American Dream
• 10 The Hidden Agenda: A Repeal of the Estate and Gift Tax
• 11 The Manifesto
• 12 Tax Those Who Can Pay, They Are the Lucky Ones
• Conclusion:
• Where Do We Go From Here?
• About the Author