| Summary

The Great American Tax Dodge: How Spiraling Fraud and Avoidance are Killing Fairness, Destroying the Income Tax, And Costing You

Tax cheating has become so common, so widespread, running through all of society, from the very poor to the very rich, that the United States could not build enough prisons to hold everyone who is doing it. Think Prohibition magnified many times over. Call it the tax cheaters' lottery — the world's only lottery in which the overwhelming majority of players are winners.

In this book, you will meet people who brag that they have not paid any income tax in years. You will meet multimillionaires who don't even bother to file tax returns. You will explore the money trails that course through the Internet and into the world's tax havens. You will discover how the federal government applies a double standard when it comes to enforcing the tax laws — one for the rich and well connected, another for everyone else. You will see how the new economy enables the largest companies in America to hire workers who pay no income tax. You will see how members of Congress have undermined tax fairness. You will find out what lawmakers, and the powerful interests who support them, have in store for you.