75,000 Pages
This is NOT healthy . . .
Single-Rate Tax System & New 'Gold' Standard
A Genuine Single-Rate Tax System:
If you truly want Freedom and to dramatically reduce Poverty; America must have a Single-Rate Tax system
I will NEVER back down from that Statement. It is an Economic Imperative.
There is a huge number of people that believe the 'wealthy' need to pay a much higher rate of taxes.
That group of people are ignorant, as to how revenue from taxes is generated. Usually this group of people is just angry, or they are not willing to admit they don't understand the tax code and economics.
So it is easier for them to latch onto media-dribble and proclaim it as their own gospel. Most people are scared to admit they don't understand complex and sophisticated parts of society. They don't want to admit that they haven't taken the time to educate themselves on such issues. It is easier as you get older, to just yell at someone, and repeat the media-dribble as truth. This doesn't make them bad people, it is very normal human behavior, for people to be embarrassed about their level of ignorance, and to try and hide it. We all do it, to one degree or another.
Anyways . . .
The current 80,000 page federal tax code is not about raising proper or even sufficient revenue. A flat tax system is what you need for that to happen.
Our tax code is an endless system of punishments and rewards, used by the two major parties for political control and revenge.
Everyone should hop online and get a copy of the 1986 Tax Reform Act.
You should be able to download a PDF version from the federal government or a think tank.
Interesting observation on the human condition here: Most people aspire to some level of wealth and comfort; yet most people have been conditioned to believe we need to punish the wealthy.
But this is not an economics class, it is a reality check on what our federal tax code must become.
Take a moment and absorb that because it is the daily reality and truth.
We must abolish the endless system of tax-loopholes, tax shelters for a small percentage of corporations and globally wealthy, who can afford to get specific tax-language place into federal laws.
That is a small number by percentage, and there is only one solution. You need a flat tax system.
Please read the very simple recommendations below and remember, anything beyond 5 pages means a lobbyist was involved.
I estimate that under the most ideal circumstances, the following proposal will take 3 years to build support.
The leftist media will be fighting me(and you) every step of the way.
Some basic economic statistics to keep in mind for this proposal:
Stat 01: 2018 total personal income, $18.6 Trillion.
Stat 02: 2020 GDP, $20.93 Trillion
Stat 03: 2020 quarterly corporate net income(profit), $2.1 Trillion
Stat 04: 2019 S&P 500 up 28.3%, corporate value up $13 Trillion(EST)
NOTE: 05/13/2021
Considering everything happening in DC; we will need Silver & Gold certificates issued, to help stabilize the U.S. Dollar.
This is no joke America. Our Dollar is in horrible shape.
My Strategy for getting this Legislative proposal into law:
The basic outline: so you and I can make this happen.
1. Lets be clear: this is Me, fighting against at least 500 other members of Congress, to make this happen. I'll need 200 million Citizens contacting your own Congressional delegation, at least once a week.I'm very serious. The current committee/sub-committee structure, is how money and influence are directly peddled daily, in DC.
Congressional switchboard: 202.224.3121You will be calling this number a lot, I suggest you add it to your cellphone right now.
Contact the House of representatives: Find Your Representative | house.gov
Contact the U.S. Senate: U.S. Senate: Contacting U.S. Senators
2. A total communications blitz: Media interviews, FB, Twitter, etc. Rallies.
3. I'm thinking of launching a National Petition and submitting it to Congressional Leadership.
4. I'll round up economists and tax experts for sure. It may be more important to have these experts join me on a national speaking tour.
5. This still applies from the Poverty issue. It applies to all issues, if I win the office.
6. A flat-tax system, combined with some kind of new gold standard and the CH Act; may be the only legitimate plan for getting people out of poverty. It is more than just creating jobs, it is about creating opportunity for access to ownership.
All adult Americans need to take the time and educate themselves on these economic realities. Or else the main-stream media will keep selling their lies, that "rich people steal wealth from poor people."
No thinking person, with the slightest understanding of true economics, thinks this is true.
The federal government revenue honesty and justice act
Section 01:
All individuals, Corporations, LLCs, Sole Proprietorships earning $39,000 a year or less, shall not file any federal income tax forms, and there shall be no federal income tax on their wages, salary and/or earnings.
Note: Almost anyone making $35K/under , whether part of a household income or living alone; are spending all their wages on basic living.
You automatically increase their purchasing & savings power.
Section 02:
All individuals which have the option with each employer throughout their working careers, to option out of the Social Security System,
Section 03:
For all individuals, Corporations, LLCs, Sole Proprietorships making $39,001 or more per year, the rate of of federal income tax shall be 15%.
This shall apply to income from all sources. This includes, but not limited to Wages, Corporate earnings, corporate sales, businesses, profit organizations dealing strictly in cash, stocks & Bond sales.
Section 04:
There shall be a 5% rate of federal tax, on gains of Capital investments of any kind and/or any source.
Note: For the most part, the money used for a capital investment, has already been taxed once.
Section 05:
I'm leaving this section open, because someone will want to make this language more complex.
This is my federal government revenue code proposal. Anything more is just pandering. Please note this proposal is one page long.
New 'Gold' Standard Proposal
Based on The Chevron Doctrine reversal
Draft 01:
Title: New 'Gold' Standard policy & strategy
Background:
The Chevron Doctrine over turned by SCOTUS.
The secret federal government trust fund. Current market value, $150 Trillion.
Assets, Minerals, Land, carbon-fuel, Commodities Standard proposal
In accordance with Article One, Section 8, Clause 5:
Item 1: Retirement of U.S. Government Debt, aprox. $37 Trillion.
Sec. A
The United States Congress shall instruct the United States Mint to: strike 37 coins of Gold, assign the following weight, measure and value.
Sec. A1: .999 purity, 32 Troy ounces
Sec. A2: The United States Congress shall instruct the United States Treasury to issue a note as follows:
Sec. A2a: In co-ordination the Bureau of Land Management.
Sec. A2b: In coordination with the Federal Open Market Committee of the Federal Reserve System.
Sec. A2a1: Under the following section of Public Law 63 – 43, also known as the Federal Reserve Act:
sec 13.2:
Discount of commercial, agricultural, and industrial paper
Upon the indorsement of any of its member banks, which shall be deemed a waiver of demand, notice and protest by such bank as to its own indorsement exclusively, any Federal Reserve Bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes, the Board of Governors of the Federal Reserve System to have the right to determine or define the character of the paper thus eligible for discount, within the meaning of this Act. Nothing in this Act contained shall be construed to prohibit such notes, drafts, and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being eligible for such discount, and the notes, drafts, and bills of exchange of factors issued as such making advances exclusively to producers of staple agricultural products in their raw state shall be eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities, except bonds and notes of the government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than 90 days, exclusive of grace.
[12 USC 343. As amended by act of Sept. 7, 1916 (39 Stat. 752), which completely revised this section; and by act of March 4, 1923 (42 Stat. 1478). As used in this paragraph the phrase "bonds and notes of Government of the United States" includes Treasury bills or certificates of indebtedness. (See act of June 17, 1929, amending section 5 of Second Liberty Bond Act of Sept. 24, 1917). As to eligibility for discount under this paragraph of notes representing loans to finance building construction, see this act, section 24).
There shall be a system of bonds and notes issued, to cover the amount of assets within the Federal Trust and Fort Knox,
to use as: 'U.S. Currency Certificates' and coincsfor all:
Transactions, public and private.
Debts, public and private.
“Payable to Bearer on Demand” in the form of:
Gold coin or bar: .999 purity.
Silver coin or bar: .999 Purity
Platinum coin or bar: .999 purity
Palladium coin or bar: .995 purity
Mineral contract certificate
Semi-precious metal contract certicate
Rare-Earth mineral contract certificate
Agricultural land contract certificate
Item 2: The Economic Democracy Act(EDA), as proposed by the Center for Economic and Socvial Justice. The structure is based on “Binary Economics” by Dr. Luis Kelso.
The EDA shall be funded by Commercial and Industrial paper, as provided for in Sec. A2a1 of this proposal.
Item 3: All residential and commercial mortgages will be re-valued, using U.S. Currency Certificates.
NOTE: A mortgage is a contract. It is the single largest contract that most Americans will enter in to. It is a long-term contract, so the proper re-value must take place for contract integrity.
Item 4: The United States shall establish an Economic Labor Unit(ELU), for purposes of daily exchange with foreign currencies.
Suggested measure: Kilowatt(kWh) hour of energy
Weight:
Item 5:
Strategy proposal:
Treasury Secretary
Interior Secretary
FOMC/Federal reserve System
U.S. Congress
The President