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Title: Tax Reform Info
Review: I'm reading Michael Reagan's book "Making Waves" now. The chapter that covers the various alternative tax systems needs to be updated. When Michael Reagan wrote this book (1996), the FairTax was just getting started. He talks about the "National Sales Tax" idea, and points out several (4 as I recall) flaws with the plan. Since his book was written, all of these "flaws" have been researched, considered, and taken care of. For example, the FairTax "prebate" plan totally untaxes the poor, by giving every legal person (but not illegals) in the US a check (or debit account deposit) each month. This ammount is negligible to the super rich, but again, completely untaxes the poor. I'd like to see Michael Reagan reconsider this chapter in his book and update it with new information since it's first edition.
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