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Tax Policy
The traditional solution to IRS tyranny is a four point program.
First : Return the country to a foreign policy of non interventionism. If
you are new to this argument it is relatively simple. No more undeclared
wars. No more being the world policeman. Quit financing (bribing)
dictatorial allies. Dismantle the 700+ overseas bases we have, bring our
troops home and spend that money here in the US on 700 new bases. Put
those bases along the southern border and stop the immigration problem.
Military adventurism never returns the cost of investment, and always eats
up more taxes. Stop the adventurism and one gaping hole that we try to
fill with tax dollars heals itself.
Second : Establish a true freed trade program, and inter react with
foreign cultures as business partners not occupiers. When I was young we
called this coca cola colonization.
Generally this is a faster road to peace than military adventurism because
only fools fight with their business partners. But there are fools out
there, so we keep up and improve our rapid response capability.
Third : currency stability. The founders wanted a hard asset currency
system because they had lived through robbing hyper inflation. The history
of our money shows that when we tie our currency to hard assets, the cost
of living stabilizes.
We need to get away from the instability of Bank managed inflation. In a
world without bank created inflation, people can save. Savings need a
place to go earn more money. This means that moneys for business
investment and development would expand greatly.
Fourth : Limit ed Government. If money is seeking a place to invest,
politicians will offer to borrow those funds for public development, and
in some cases this is a good thing., ie. moneys spent on infrastructure
improvement. However, politicians have little restraint and what will
happen when the funds are available is that government will grow until all
the funds are consumed, and it will promise the stability of the
taxpayer's wallet to back up its borrowing. This is the very reason we
must limit the government to its constitutional duties.
In such a society the government is kept frugal, and the economic
development is massive. The result is that income taxes are unneeded and
the Internal aspects of the IRS unneeded. Unfortunately there is a bit of
the "somewhere over the rainbow wearing rose colored glasses" aspect to
this goal.
I think we should consider something that is both simpler and more daring.
There appears to be a good legal argument that wage earners should only
pay taxes on that portion of their earnings that exceed the cost of living
for their family. Most families never reach that point and taxes would not
be due if they were allowed to deduct the cost of living as determined by
the commerce department for a family of their size from their wages.
Income taxes started out a a tax on the wealthy, not the working man, it
could be that again. Simply making the average costs of living exempt from
taxation would create a huge relief.
I have attached a legal brief on the subject. My tax attorney read it and
went Hum? Download it and discuss it with your tax professional. I think
it is something we should consider putting in effect.
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