Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity

Steve Forbes is Chairman and Editor-in-Chief of Forbes Media. The company encompasses ForbesLife, Forbes Europe, Forbes Asia and Forbes licensee editions published in over 37 countries. The company also publishes a number of investment newsletters. Forbes.com reaches nearly 70 million users each month. The company’s flagship publication, Forbes, is the nation’s leading business magazine, with a circulation of more than 900,000. A widely respected economic prognosticator, Mr. Forbes is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate. In both 1996 and 2000, Mr. Forbes campaigned vigorously for the Republican nomination for the presidency. Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense. Mr. Forbes continues to energetically promote this agenda. Mr. Forbes’ book, Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It, co-authored by Elizabeth Ames (McGraw-Hill Professional), was published in June 2014 and received the coveted Leonard E. Read Book Award. His other books include Freedom Manifesto: Why Free Markets are Moral and Big Government Isn’t, co-authored by Elizabeth Ames (Crown Business, August 2012); How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today’s Economy, co-authored by Elizabeth Ames (Crown Business, November 2009); and Power Ambition Glory: The Stunning Parallels between Great Leaders of the Ancient World and Today…and the Lessons You Can Learn, co-authored by John Prevas (Crown Business, June 2009). He also wrote: Flat Tax Revolution: Using a Postcard to Abolish the IRS (Regnery, 2005); and A New Birth of Freedom (Regnery, 1999), a book of bold ideas for the new millennium. In 1985, President Reagan names Mr. Forbes Chairman of the bi-partisan Board for International Broadcasting (BIB). In this position, he oversaw the operations of Radio Free Europe and Radio Liberty. Broadcasting behind the Iron Curtain, Radio Free Europe and Radio Liberty were praised by Poland’s Lech Walesa as being critical to the struggle against communism. Mr. Forbes was reappointed to his post by President George H. W. Bush and served until 1993. Steve Forbes was born on July 18, 1947, in Morristown, New Jersey. He received a B.A. in history from Princeton in 1970. Elizabeth Ames has co-authored three previous books with Steve Forbes: Money: How The Destruction of the Dollar Threatens The Global Economy—And What We Can Do About It; Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t; and the Wall Street Journal bestseller, How Capitalism Will Save Us: Why Free People and Free Markets Are The Best Answer In Today’s Economy.

Acknowledgments ix
Introduction 1

PART ONE
Repeal Obamacare: Lower Costs and Improve Care by Putting Patients and Their Doctors in Charge
Chapter 1 Why Healthcare Today Is Such a Mess 11
Chapter 2 How Obamacare Made the Situation Worse and Not Better 23
Chapter 3 What to Do Now: Steve’s Plan for Revolutionizing Healthcare 37

Part Two
Enact a Flat Tax: Revive Americaby Slaying the Tax Beast
Chapter 4 Why We Need Radical Tax Reform Now 51
Chapter 5 What Is a Flat Tax? 61
Chapter 6 Thriving Under the Flat Tax 71
Chapter 7 Why the Flat Tax Is a Better Alternative than a Consumption Tax 81
Chapter 8 Why Flat Tax Critics Are Flat Out Wrong 93

Part Three
Reform the Fed: No More Soviet-Style Controls over Money and Credit
Chapter 9 Why Our Current System of Unstable Money Has Been Part of the Problem 107
Chapter 10 What’s Wrong with the Federal Reserve and Why It Can’t Guide the Economy 119
Chapter 11 The Best Way to Stable Money Is the Gold Standard 133
Chapter 12 How a Gold Standard Would Work 141
Chapter 13 Debunking the Gold Myths 151
Chapter 14 Bringing Back America 161

Notes 167
Recommended Reading 201
Index 203