A Taxing Problem written by Dr Mitchell Roth addresses the unfairness of our current income tax system which has always been a ‘hot button” for me.
In this well written, interesting and informative book, Dr Mitch introduces his concept of a Fair Tax System in which all income taxes would be eliminated and replaced with a simple 2% tax on net worth. If effectively implemented, such a system in my view , would not only create an even palying field where everyone would pay their FAIR share, but would also result in numerous social and economic benefits to society. The “2% Solution Revolution” might just be the prescription needed for a more FAIR society.