IWF Podcast: Economic Stimulus Package

Ron | January 24, 2008, 12:29pm | #

THE ULTIMATE FEDERAL STIMULUS PROGRAM
We the people pay all taxes, and we are the sole ultimate source of all tax revenue. Regardless where government initially collects the money, all tax money ultimately comes from us, the people.
Since we the people are the one and only source of all tax revenue:
There should be only one tax to collect all tax revenue.
It should be a single, simple, fair, direct, graduated, individual, full-income tax levied on living persons for each level of government: One Tax and Done.
The best thing that government can do to help the country, the people, and even government, is to repeal all of the many hundreds, or thousands of existing taxes, fees, and charges. These taxes are the federal deficit. These taxes are the high price of everything. These tax cuts are spending cuts. Every tax that is eliminated is a tax that we the people no longer have to pay. These taxes are the difference between the price we pay for health care and everything else, and the price we would pay if these taxes were repealed. Eliminating these taxes will remove them from the price paid for everything by everyone, including government.
There is no limit to the benefits One Tax and Done will provide:
One Tax and Done will reduce the price paid for everything by one-third.