Thursday, March 13, 2008

Final Post of Subject Platform #25, Sec. E

Finally, we can maintain consumer spending and keep the economy robust by simply changing the tax code to favor the U.S. worker-consumer. The best way to get cash in the hands of the American people is to dump the income tax and IRS immediately...no tax rebate checks, just let them keep the money they have earned, to wit: Replace the income tax with a national value-added tax or sales tax. No more hiding ten million dollar purchases or write-offs as some kind of deductible expense. If we want to be frugal, our taxes won't amount to much and we will save more than we ever have for a comfortable retirement.

Our tax plan will exempt all small business owners from a Federal corporate income tax if their gross receipts are less than $100,000,000 per year. A nation's economic growth is dependent upon the strength of its small business industries and entrepreneurs. If we cut them loose from government taxation and bureaucratic harassment, the small business community will show us how to rebuild America.

We should forever eliminate double taxation laws, e.g. (a) Capital Gains Taxes and (b) The Death Tax. Retired Americans have not worked their entire lives to lose much of their savings and investments to double taxation. Why should the government inherit the money intended for family endowment? Taxes have already been payed on that earned income. Terminate capital gains taxes and watch business investment grow at unprecedented rates. If we want to compete with China and India, we'd better stop punishing investors.

In conclusion, I'd like to remind you that the energy business is financially the largest on earth and our conversion to a renewable-energy economy could create new jobs and clean air virtually forever. If we continue on our current self-destructive path by pandering to Big Oil and their two-party-system partners in crime, we will destroy the world economy and mother earth and her people in the not too distant future. If we take the path of our RenewE plan, we can knock Big Oil and Republican and Democratic politicians who aid and abet them solidly on their collective derrieres and stop the energy stranglehold they have on the American people. We can't do it with Congress' business-as-usual behavior. The politicians will always screw things up, to wit: I recently saw a news flash on TV where George Bush, while promising to spend billions of dollars on alternative energy sources and promising as usual, that you'll be paying less for gas at the pump, apparently was unaware that his U.S. Transportation Department has simultaneously proposed to raise the Federal gasoline tax significantly. The Political God Giveth and the Political God Taketh Away...I rest my case.

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