Commentary
Real Reform Is Needed To Solve U.S. Tax Mess
 

We received a copy of the following letter published Wednesday, January 30, 2002, in the Daily Sentinel, a newspaper in Grand Junction, Colorado. We thought you might like to read what the writer had to say. As you can see, a grass roots effort need not cost much money, only some time and commitment. We hope this example encourages you to write similar letters.

The viscous circle of argument continues on trickle down economic benefits for rich investors vs. benefits for poor working consumers who will then spend us into prosperity. For decades Congress has experimented with both remedies and, through compromise, walked the middle of that road, all without permanent success. Apparently it never occurs to either Democrats or Republicans that the real problem is not who makes up redistribution rules, but the spoils system itself that must be changed.

The root cause of America’s continuing problems can be found in misguided fiscal and monetary policies. Correcting these solves many of the nation’s problems.

Start by eliminating the detestable, anti-productive income tax on personal income, corporate income and capital gains. But not with the proposed bills, H.R. 2525 or H.R. 2717, which continue the existing spoils system under different names and provide no help for personal or public finance. Americans are chastised for not saving even while saving is discouraged through taxation. Personal and government overspending is encouraged. We need both saving and reasonable spending. The National Economic Stabilization and Recovery Act from the NESARA Institute (nesara.org) does just that. Replacing existing tax policy with fair tax legislation written in plain English that Forest Gump could understand eliminates more than 36,000 pages of spoils system tax rules that nobody understands.

Monetary reform begins with the realization that the monetary system belongs to society but is managed by a private banking institution whose interests do not necessarily match those of the public. NESARA’s proposed monetary reforms stabilize banks as fiduciary institutions and change banking system rules to reduce private mortgage debt. It also eliminates large amounts of public debt making it cheaper for local governments to finance infrastructure upkeep and expansion.

Only true reform will produce permanent success in eliminating the spoils system of government.

Jean Barnard
Grand Junction, Colorado