TAX FREE AT LAST - Crone, John
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Tax Free at Last" is a true story about income tax law, tracing its roots over 100 years ago from a simple tax collection method to an uncontrollable force that impacts all citizens' lives. The book sheds light on unexplored corners of the income tax world and advocates for a complete overhaul of the tax system. It aims to achieve fair taxation by proposing no income taxes for most tax returns reporting less than $100,000 of adjusted gross income under current law, along with refunds for those reporting less. Beyond this, the book presents a plan to address the national debt exceeding $33…mehr

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Tax Free at Last" is a true story about income tax law, tracing its roots over 100 years ago from a simple tax collection method to an uncontrollable force that impacts all citizens' lives. The book sheds light on unexplored corners of the income tax world and advocates for a complete overhaul of the tax system. It aims to achieve fair taxation by proposing no income taxes for most tax returns reporting less than $100,000 of adjusted gross income under current law, along with refunds for those reporting less. Beyond this, the book presents a plan to address the national debt exceeding $33 trillion and to pay down the $78 trillion in unfunded Social Security and Medicare liabilities. This plan includes simplifying the tax code significantly and eliminating special deductions and income exemptions. While higher-income taxpayers may face higher taxes, these changes promise a solvent federal government and a stable tax environment. Streamlined taxes would also enhance IRS efficiency. The book offers comprehensive solutions to tax law issues and economic concerns, concluding with a formula to maintain control over tax laws and economic health. As Congress grapples with the expirations of provisions in the 2017 Tax Cut and Jobs Act, this book urges readers to get informed and support these critical reforms. By lobbying elected representatives, readers can help eliminate the habit of Congress "kicking the can down the road." Written in clear and accessible language, this book aims to empower readers with a deeper understanding of these vital issues.
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