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OverviewBestselling author T. R. Reid voyages 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. Overstuffed with loopholes and special interest provisions, it works for no one--except tax lawyers, accountants, and corporations, that is--certainly not me and you. Not for the first time, we have to tear it up and start over. That happened in 1922, and again in 1954, and again in 1986. aThere's a pattern here; we reach this point every 32 years. Which means the next complete re-write of the tax code is due in 2018.a Can we write a new atax code that ais fair and simple? Can we cut tax rates and still bring in the revenue required?a In fact, we can - by learning from the world's other democracies. aAround the world, wealthy democracies, from Estonia to New Zealand to the UK, have all reformed their tax codes, while the US has languished. aWith his penchant for making complex subjects accessible and even fun, T. R. Reid travels the world in order to find out what makes for good taxation (if that's not an oxymoron!) and brings that knowledge home. So byzantine are the current statutes that by the government's own estimates, Americans spend six billion hours and ten billion dollars every year preparing and filing their taxes. In The Netherlands it takes fifteen minutes! Brilliantly successful American companies like Apple, Caterpillar, and Google pay effectively no tax at all because of loopholes which allow them to move profits offshore. Indeed, the dysfunctional tax system has become so easy to dodge that it is a major cause of economic inequality, as Warren Buffet, Bernie Sanders, and Thomas Piketty have all pointed out. But it doesn't have to be this way, the ever-intrepid Reid proves, crisscrossing the globe, from the Czech Republic to Mexico. Doing our taxes may never be America's favorite pastime, but it can and should be so much easier. From the Hardcover edition. Full Product DetailsAuthor: T. R. REID , T R ReidPublisher: Random House USA Inc Imprint: Random House USA Inc Weight: 0.227kg ISBN: 9781524778736ISBN 10: 1524778737 Publication Date: 15 April 2017 Audience: General/trade , General Format: Audio Publisher's Status: Active Availability: Not yet available ![]() This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release. Table of ContentsReviewsAuthor InformationT. R. Reid is a longtime correspondent for The Washington Post and former chief of its Tokyo and London bureaus. He is a commentator for National Public Radio and has been a correspondent for several PBS documentaries. His bestselling books include The Healing of America, The United States of Europe, The Chip, and Confucius Lives Next Door. From the Hardcover edition. Tab Content 6Author Website:Countries AvailableAll regions |