Tax compliance costs will decrease from "summary" of The Fair Tax Book by Neal Boortz,John Linder
When we talk about the Fair Tax and its benefits, one of the key points to consider is the reduction in tax compliance costs. Currently, individuals and businesses spend a significant amount of time and resources on complying with the complex tax code. This includes hiring accountants, lawyers, and tax professionals to navigate the intricate rules and regulations set forth by the government. By implementing the Fair Tax, we would eliminate the need for all of this. With a simple and straightforward national sales tax system in place, taxpayers would no longer have to deal with the burdensome paperwork and record-keeping ass...
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