—To those who believe we all should pay our fair share of taxes, discovering the intricacies of the plans the uber-wealthy use (thus placing the burden on everyone else) will be infuriating—
The Non-fiction Feature
Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super-rich and Cheat Everyone Else
Author: David Cay Johnston
Publisher: Portfolio
Pages: 352 | 2005
Corporations are busy moving intellectual property such as patents, trademarks and the title to the company logo to entities organized in tax havens like Bermuda….allowing them to convert taxable profits in the United States into tax-deductible payments sent to Bermuda…You pay for this through higher taxes, reduced services, or your rising share of our growing national debt.
The Children’s Spot
The Short Cheap Tax Book for Students
by Kirk Taylor
“You should understand that what is taken out of your paycheck is literally a GUESS as to how much taxes you owe (and you file a tax RETURN to get a REFUND of excess taxes paid or to determine how much you still OWE).”
The Product Spot
ProPublica – The Secret IRS Files
ProPublica reveals the vast cache of IRS information they obtained, which showed how billionaires like Jeff Bezos, Elon Musk, and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.