The Tax Reform Alternative
 The Tax Reform
Alternative


Taxation, Inflation and Expatriation


by Vernon K. Jacobs, CPA


Higher Taxes Plus the Inflation Tax Are a Near Certainty in the Near Future

We all have three basic choices about coping with the huge debt, annual deficits and unfunded liabilities that will have to paid with much higher taxes plus a lot more inflation in the coming decade -- regardless of the make-up of the U.S. Congress and the White House.

1. We can do nothing and be victims

2. We can get politically involved and fight back

3. We can leave the USA and expatriate

Many people have been trying to reform the U.S. tax laws for many decades, but without much success. With each attempt, the politicians add more complex provisions to the tax code and in a few years, they introduce higher tax rates and new tax breaks for various supporters and interest groups. 

Meanwhile, even if the income tax were eliminated, the government could generate unlimited money through the inflation tax. This is done by issuing treasury notes to the Federal Reserve in exchange for new money. Combined with the fractional reserve banking rules whereby banks are allowed to loan out as much as 90% of their net deposits, the new money causes an increase in the money supply and inflation.

For those who despair of being able to repeal the income tax and the inflation tax, there is the alternative of expatriation -- of giving up citizenship after acquiring dual citizenship in another country. New laws passed in June of 2008 impose a complex "exit tax" on the unrealized gains and deferred income of expatriates. But for those who have modest assets and are seriously concerned about the increasing degree of government control over the economy, there are other countries that offer lower taxes and less government intrusion.

A new book called "The Tax Reform Alternative" ties together these three issues.

  • Can we reform the income tax?
  • Can we limit the ability of the Fed to create new money?
  • And if we can't do that, how can we escape from an America that is turning into a socialist state? 
In addition, the author examines the advantages and disadvantages of most of the varied concepts of income tax reform, including but not limited to (1) a flat income tax, (2) tax simplification, (3) the Fair Tax, (4) the Value Added Tax, (5) withholding taxes, (6) a wealth tax and more. 

The Tax Reform Alternative is available as an e-book (in a PDF Format) and is designed to be easy to read on a digital device like a computer, ipad or smart phone. The price is a modest $15 and can be ordered online at http://www.offshorepress.us/rismanforami.html   A PDF file will be sent to your computer within a few minutes after placing your order at our secure Yahoo e-store. (Printed copies arenot available at this time.)

Copies are available at no extra cost to paid subscribers of our online library of e-books and our bi-monthly newsletter.     

The Tax Reform Alternative is the first book ever to deal with
income tax reform, the inflation tax and the expatriation alternative.

Written by Vernon Jacobs, an international tax accountant, author and lecturer, this unique guide will give you a totally new perspective on the problem of our huge federal debt and deficits.

This book is likely to be described as radical, extreme and as nonsense by the establishment, by most economists and by many tax professionals. But it is based on rigorous research and many years of working with our insane income tax law and with real people who are choosing to leave the USA for more hospitable places to live.


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Sponsored by Offshore Press, Inc. Copyright, 2010, All rights reserved. Offshore Press, Inc., Box 8137, Prairie Village, KS 66208. (913) 362-9667. Email to Offshore Press Vernon K. Jacobs, Webauthor.