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

The Great American Tax Dodge How Spiraling Fraud and Avoidance Are Killing Fairness Destroying the Income Tax and Costing You
Author: James B. Steele, Donald L. Barlett

Tax cheating has become so common, so widespread, running through all of society, from the very poor to the very rich, that the United States could not build enough prisons to hold everyone who's doing it. Think Prohibition magnified many times over. Call it the tax cheaters' lottery -- the world's only lottery in which the overwhelming majori... more »ty of players are winners. In this story, you will meet people who brag that they have not paid any income tax in years. You will meet multimillionaires who don't even bother to file tax returns. You will explore the money trails that course through the Internet and into the world's tax havens. You will discover how the federal government applies a double standard when it comes to enforcing the tax laws -- one for the rich and well connected, another for everyone else. You will see how the new economy enables the largest companies in America to hire workers who pay no income tax. You will see how members of Congress have undermined tax fairness. You will find out what lawmakers, and the powerful interests who support them, have in store for you. And you will learn how they plan to turn back the clock. In The Great American Tax Dodge, a book that should infuriate and galvanize citizens everywhere, the bestselling authors of America: What Went Wrong? expose the millions of Americans who are dodging their income taxes at every honest taxpayer's expense. With the clarity, insight, and readability that earned them two Pulitzer Prizes, Barlett and Steele explain how Americans are cheating like never before, and why most are getting away with it. Meet the Manhattan fun couple who spent $1 million a month to maintain their lifestyle yet never paid income tax, the California couple who provided sport utility vehicles for their children at your expense, the entrepreneur in Costa Rica who shows Americans how to hide their money in clandestine accounts offshore that the U.S. government knows nothing about, and the computer technicians at America's largest corporations who live tax free. Learn how the Internet has democratized tax cheating as proliferating Web sites and their often mysterious operators offer every service imaginable to escape taxes: secret bank accounts, secret trusts, secret debit cards, and secret holding companies in tax havens around the world. See how the IRS employs a double standard in tax audits -- one for the rich and well-connected and another for everyone else -- and how the Justice Department tries to jail powerless citizens accused of tax-law violations, while allowing the wealthy and influential to go free. Learn how Congress is deliberately undermining the income tax in order to replace it with a system that will provide the largest windfall ever for the richest Americans -- and increase the burden on everyone else. Finally, learn what chance we have to reestablish what was once the fairest tax system in the world. The Great American Tax Dodge reads like a fast-paced mystery novel with details that no novelist could imagine -- but that are sadly and inescapably true.

ISBN-13: 9780316811354
ISBN-10: 0316811351
Publication Date: 8/1/2000
Pages: 304
Rating:

0 stars, based on 0 rating

Publisher: Little, Brown
Book Type: Hardcover
Other Versions: Paperback
Members Wishing: 0
Reviews: Amazon | Write a Review

Genres:

Business & Money >> Industries >> Accounting >> Taxes >> General
Business & Money >> Industries >> Accounting >> Taxes >> International
Literature & Fiction >> General >> Contemporary
Nonfiction >> Current Events >> General

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

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