The World faces complex problems, almost half consist of economic issues; not currently being resolved by mainline economic thought. The Author presents a short, but detailed Work; studying the failings of current economic thought, with concentration on the actual points of failure. He presents concise study of American economic history, with specific expression the economic drives of each period. He shows how current economic theories developed, examines their basic premises, and comments on their failures to fully explain economic forces. He advance the basic theories of Tax Policy Economists, a revisionist view of Economics only recently developed. He uses the basic understanding derived from the above analysis, to examine the fallacies of present Government economic policy, with expression of alternatives to this policy which can be implemented in a fair and universal application setting. The Author goes on to present an alternative Tax program for the federal government, which actually furthers economic growth and expansion.