Dear President Donald Trump
The barometer of how stuffed the USA Economy is, because of EXISTING TAXES, includes
1. America’s workforce of 168 million, demoralised and demobilised by TAX SLAVERY.
2. ‘Made in America’ uncompetitive against ‘Made in China and BRICS.’
3. Americans dependent upon imports.
4. American exports uncompetitive around the World.
5. America’s inability as a Brand Marketer.
6. The National DEBT of $US36+Trillion.
7. The grossly overvalued Stock Market, Bitcoin, Gold and Silver and all speculative investments.
8. America not telling the TRUTH and the WHOLE TRUTH. e.g. America and President Biden started the Wars in Ukraine, Gaza, Lebanon and Syria.
9. America’s loss of respect and influence around the World.
In a World class USA competitive economy, manufacturing and primary industries would be booming with no imports.
Capital would flow into these industries with a high rate of return on investment.
Stock Market values would be based on realistic valuation of asset backing and rate of return.
America could be a role model in Economic and Financial management, funding the Freedom of its People.
Please understand that EXISTING TAXES
1. in the PRICES of American goods and services, destroy their competitiveness and the purchasing power of net of tax incomes of all Americans. In Australia EXISTING TAXES and Government Charges are 50% of the PRICE to build a house, a loaf of bread, an Aussie pie, a litre of fuel, a week’s childcare, a week’s agedcare, and most other goods and services. Do you know the % in the USA?
2. make the USA Globally uncompetitive so America has lost its critical manufacturing base.
3. on the worker’s wages have destroyed their incentive to work and productivity.
4. have the workforce and wider community look to passive income and capital gains in-particular those that escape EXISTING TAXES.
5. have made Americans lazy passive speculators including in products such as Bitcoin that have no asset backing.
So long as there are more buyers than sellers in these highly speculative markets, including gold and silver, all is hunky-dory, but the minute there are more sellers than buyers all hell breaks loose and speculators lose the shirt/blouse off their back.
My Dad was a member of the London Stock Exchange as a broker/dealer whose job it was to carry out the ‘buy’ and ‘sell’ instructions of the clients. He refused to take on general public investors because they wanted easy profits but never knew when to sell in a market downturn. When they lost their money they blamed the Broker/Dealer.
All the market indicators are that the USA Economy and Financial position is on the edge of a ‘black hole’ into which the USA will be sucked and never escape.
The game changer for the USA is 2% LIBERTY TAX which takes EXISTING TAXES off the PRICES of ‘Made in America’ and only adds a single simple 2 cents in the dollar LIBERTY TAX to costs and PRICES so that ‘Made in America’ can replace ‘Made in China and BRICS.’
2% LIBERTY TAX liberates the USA workforce of 168 million from EXISTING TAX SLAVERY and gives them the incentive with all EXISTING MONEY buying more goods and services (in Australia it’s 40% more) for personal and National wealth creation to SAVE America from the ‘black hole.’ YOU MUST ALL STOP TAXING INCOME, PROFITS AND GOODS AND SERVICES AND INSTEAD TAX AT 2% ALL CHANGES OF OWNERSHIP INTO, WITHIN, AND OUT OF THE USA.
Kind regards
Derek Smith CA
