A Fine Mess: A Global Quest for a Simpler, Fairer, and

A Fine Mess: A Global Quest for a Simpler, Fairer, and More Efficient Tax System eBook ð A Fine MOBI :º Mess: A PDF/EPUB Ä Mess: A Global Quest ePUB É Fine Mess: A Global Quest MOBI :º Fine Mess: A PDF Å New York Times bestelling author T R Reid travels around the world to solve the urgent problem of America s failing tax code, unravelling a complex topic in p. New York Times bestelling author T R Reid travels around the world to solve the urgent problem of America s failing tax code, unravelling a complex topic in plain English and telling a rollicking story along the way The US tax code is a total write off Crammed with loopholes and special interest provisions, it works for no one except tax lawyers, accountants, and huge corporations Not for the first time, we have reached a breaking point That happened in , and again in , and again inIn other words, every thirty two years Which means that the next complete overhaul is due inBut what should be in this new tax code Can we make the US tax system simpler, fairer, and efficient Yes, yes, and yes Can we cut tax rates and still bring in revenue YesOther rich countries, from Estonia to New Zealand to the UK advanced, high tech, free market democracies have all devised tax regimes that are equitable, effective, and easy on the taxpayer But the United States has languished So byzantine are the current statutes that, by our government s own estimates, Americans spend six billion hours andbillion every year preparing and filing their taxes In the Netherlands that task takes a mere fifteen minutes Successful American companies like Apple, Caterpillar, and Google effectively pay no tax at all in some instances because of loopholes that allow them to move profits offshore Indeed, the dysfunctional tax system has become a major cause of economic inequalityIn A Fine Mess,T R Reid crisscrosses the globe in search of the exact solutions to these urgent problems With an uncanny knack for making a complex subject not just accessible but gripping, he investigates what makes good taxation no, that s not an oxymoron and brings that knowledge home where it is needed most Never talking down or reflexively siding with either wing of politics, T R Reid presses the case for sensible root and branch reforms with a companionable ebullience This affects everyone Doing our taxes will never be America s favorite pastime, but it can and should be so much easier and fairer New York Times bestelling author T R Reid travels around the world to solve the urgent problem of America s failing tax code, unravelling a complex topic in plain English and telling a rollicking story along the way The US tax code is a total write off Crammed with loopholes and special interest provisions, it works for no one except tax lawyers, accountants, and huge corporations Not for the first time, we have reached a breaking point That happened in , and again in , and again in In other words, every thirty two years Which means that the next complete overhaul is due in But what should be in this new tax code Can we make the US tax system simpler, fairer, and efficient Yes, yes, and yes Can we cut tax rates and still bring in revenue YesOther rich countries, from Estonia to New Zealand to the UK advanced, high tech, free market democracies have all devised tax regimes that are equitable, effective, and easy on the taxpayer But the United States has languished So byzantine are the current statutes that, by our government s own estimates, Americans spend six billion hours and billion every year preparing and filing their taxes In the Netherlands that task takes a mere fifteen minutes Successful American companies like Apple, Caterpillar, and Google effectively pay no tax at all in some instances because of loopholes that allow them to move profits offshore Indeed, the dysfunctional tax system has become a major cause of economic inequalityIn A Fine Mess,T R Reid crisscrosses the globe in search of the exact solutions to these urgent problems With an uncanny knack for making a complex subject not just accessible but gripping, he investigates what makes good taxation no, that s not an oxymoron and brings that knowledge home where it is needed most Never talking down or reflexively siding with either wing of politics, T R Reid presses the case for sensible root and branch reforms with a companionable ebullience This affects everyone Doing our taxes will never be America s favorite pastime, but it can and should be so much easier and fairer