Issue Position: Money, IRS, Fed

Issue Position

Date: Jan. 1, 2012
Issues: Taxes

It's Your Money, You Keep It
No More IRS, End The Fed

A smaller federal government will decrease the tax burden of all Americans. Eliminating income taxes will mean a whole lot more in your paycheck. Eliminating business and corporate taxes will lower the price of goods and services by 27%. Currently the tax is built into the price, but without it an item that now cost a dollar, will cost 83 cents.
I am a supporter of the Fair Tax. www.fairtax.org This is a 23% consumption tax on new goods only. To ensure no American pays federal taxes on spending up to the poverty level, every American will receive a prebate of $200 per month. It is a transparent tax and will eliminate the IRS. It will give products "Made in the USA" an advantage in the world markets and put them on equal footing with imports. There will no longer be a need for tariffs and trade wars.
The Federal Reserve must be eliminated. It is not a federal agency anymore than Federal Express. It is a small group of mega banks that have been handed the keys to Fort Knox. TARP and the American Recovery Act were paid for by the US Treasury printing the money, giving it to the Fed and loaned back to us with interest. They are also the largest holder of US debt, surpassing China.


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