The most important book to be published in the last several years is not on sex, drugs, or rock 'n' roll, but on taxes.

That's right: taxes.

David Cay Johnston knows taxes: He's won one Pulitzer, and been nominated for several more, for writing about them for the New York Times. We all know, instinctively, that the system is screwing us, but Johnston tells us how exactly we're being screwed in clear, comprehensible, everyday language that anyone can understand.

Taxes, when you think about it, are inevitable—as explained by Oliver Wendell Holmes, they are the price we pay to live in a civilized society. This is a risky proposition to state in an Internet publication: The latest result of the American penchant for small government and don't-tread-on-me-ism is a breed of online libertarian who believes that the world will be perfect if the government would just go away and leave him alone.

Yet, the Internet itself could not have come about if not for government grants; it came out of ARPAnet, a product of the Cold War-era desire for a decentralized communication system. Modern people are no more capable of living independently of one another than my finger could if I sliced it off my hand. American individualism aside, we are no longer Kit Carsons, living on the edge of the wilderness, wearing the skins of the animals we shoot for food. No individual or corporation can afford to, or should be trusted with, the maintaince of roads, law enforcement, and other such necessary institutions. Like it or not, from Mesopotamian kings directing the storing of grain against famine years to our modern Social Security system, all human civilization is to some degree socialist—and so, taxes are a necessary evil.

More importantly, in Johnston's view, they are a way to examine our entire economy. Perfectly Legal makes it clear that our supposedly meritocratic, equal system is nothing of the sort. To read Johnston's book is to be outraged. It is immediately apparent that there are two castes in our country: Those of us who labor for wages, and those well-off individuals who live off a pool of assets. Moreover, from trust funds to offshore banks, corporations and the superrich have ways of hiding their income that are not open to us. Nor are they satisfied with what they have: The pressure to artificially inflate stock prices by doing more with less is what is driving the Wal-Martization of our economy. (It has also resulted in my being laid off two Christmases in a row.) The losers are employees, small stockholders, and taxpayers who are unwittingly bankrolling the personal use of company jets.

The Bush administration has compounded all this by granting its corporate allies policy advisor status. The supposed promises of "tax relief" and $300 checks are lies and propaganda of the rankest sort. Literally billions of dollars of tax breaks are given to the wealthy and the corporations. Thus, our mounting budget deficit and the burden of taxes being shifted onto the middle- and lower-class. Johnston's anger at this fact is palpable and, after reading this book, yours will be, too.

Interestingly, Johnston does not blame the faceless government bureaucracy for the mess, as most of us would be wont to do. Soviet Russia had a most clear and fair system of laws; it was the administration that was corrupt. The American bureaucracy, for all of our complaints of the IRS, is, for the most part, fairly administered (though incidents where laws are not equally applied to the rich and powerful do not escape Johnston's examination). It is our tax code, passed by our elected representatives, that is Byzantine. Reform must begin with the tax code, and continue until all Americans (and corporations doing business in America) are paying their fair share of the burden. With the billions that have escaped the system, we could easily afford the social benefits that other countries take for granted -- health care, a decent education, and retirement benefits.

Lest anyone forget, 2004 is an election year. I, for one, would like to see candidates asked some of the questions that David Cay Johnston raises in Perfectly Legal.

E-mailing editor@corporatemofo.com won't help you with your taxes, but you can click here to order Perfectly Legal off Amazon.com.