The tax code will no longer pick winners and losers from "summary" of The Fair Tax Book by Neal Boortz,John Linder
Our current tax system is riddled with loopholes, deductions, and credits that are used by the rich and powerful to avoid paying their fair share. These loopholes distort the economy and allow certain industries and individuals to benefit at the expense of others. By eliminating these loopholes and implementing a simple, flat tax system, we can ensure that everyone pays their fair share and that the tax code no longer picks winners and losers. Under the Fair Tax system, everyone pays the same rate on their consumption - no exceptions, no special treatments. This means that the tax code will no longer be used as a tool to benefit certain industries or individuals over others. Instead, it will treat everyone equally and ensure that everyone contributes t...
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