Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ancient_geezer
If you want a real solution to our tax woes, take a look at the proposed bill NESARA. http://nesara.org/main/

Here are some proposed reforms...

- Amends the existing federal income tax system

- A national retail sales (excise) tax is imposed upon non-exempt retail activities of commerce (20 categories of exemptions covering most necessities of life)

- The Internal Revenue Service is reorganized as the National Tax Service to administer the collection of the new tax

- Establishes three types of United States currency: standard silver coin and gold coin (restores Constitutional currency), and treasury credit-notes

- The United States Treasury buys and cancels all outstanding capital stock of the former Federal Reserve Banks

-The privately owned Federal Reserve System is abolished, returning ownership of the national currency to the people through a newly created United States Treasury Reserve System
10 posted on 04/16/2005 4:33:49 AM PDT by Tempestuous
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Tempestuous

The monetary reforms of NESARA plus the Fair Tax Act HR25, would do the best job.


That way we straighten out the monetary system with one bill, while the tax collection is turned over to the states where it should be, with no large federal tax bureau required, and we repeal all federal income and payroll taxes under HR25 instead of keeping wage taxes in place with a sales tax that NESARA apparently proposes to do.


11 posted on 04/16/2005 4:45:51 AM PDT by ancient_geezer (Don't reform it, Replace it!!)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson