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Letter 14 April 2025 to President Donald Trump

Dear President Donald Trump
TAXATION is like a cancer. It spreads like wildfire killing the Cost of Living, America’s
International Balance of Trade and the Value of the $US as the World’s Reserve Currency .
EXISTING TAXES create excessive government. They have burdensome obligations and
conditions, potentially leading to undue hardship or financial disadvantage for individuals or
businesses. This can manifest in various ways, such as excessive compliance requirements,
high costs, or significant limitations on individual/business freedoms or actions.
EXISTING TAXES are most onerous committing your workforce of 164million to TAX SLAVERY
paying their TAXES TWICE.
LIBERTY TAX ENDS TAX SLAVERY benefiting individuals, businesses and all government.
LIBERTY TAX takes EXISTING TAXES OFF the COST of ALL government.
The much reduced, COST of government is fully funded by every individual, business, trust,
foundation, church, charity, government, visitor and other entities paying LIBERTY TAX on the
Open Market Value (NO transfer pricing to evade TAX) on All Change Of Ownership into, within
and out of the USA. All pay to enjoy and benefit from the FREEDOM and DEMOCRACY of the
USA. LIBERTY TAX is equitable and fair to all bringing ‘Equality, Liberty, Fraternity’ to all
Americans as symbolised by the Statue of LIBERTY.
The marketplace enforces compliance with LIBERTY TAX. A business that does not fully reduce
its PRICES will lose customers and go out of business. Shoppers can have an App on their Smart
Phone to check the reduced PRICES inclusive of LIBERTY TAX and with the push of a button
report noncompliance to the Industry Compliance Authority.
In the 1970s I was the MD of a Public Group manufacturing, marketing and selling paper
products made in Australia for the domestic market and export to Southeast Asia. PM Gough
Whitlam went on a crusade to Communist China and opened the Australia market to ‘Made in
China’ products. We paid more for the raw materials made in Australia than the retail sale price
of the ‘Made in China.’
This experience in Chinese economics and its Volume/Cost/Price MIX led me to do the research
of our Australian Costs, the TAX and government charges as cents in the sales dollar and the
Volume/Cost/Price MIX.
In the 1980s I was in the Coal mining and export industry and TAXES both State and Federal were
excessive for the employees and the business.
Manufacturing was closing around Australia, so I researched taking EXISTING TAXES off costs
and PRICES as a more inclusive basis of measuring the Economy than GDP.
In 1985 I sent my 2% Tax Presentation to PM Bob Hawke for his TAX Summit. I did not get a reply.

Over the past 40 years I have witnessed the Western World fund the Economic and Financial
development and expansion of Communist China to Superpower Status. Throughout this time
NO PM in Australia would consider 2% TAX. They blindly added more TAXES putting more nails
in coffin Australia.
In the Western World we are all having the same problems as America because of EXISTING
TAXES. Only you with LIBERTY TAX can lead the Western World to a new future of prosperity,
‘Liberty, Equality, Fraternity’.
Only 2% LIBERTY can rebalance the World, keep your PROMISE to MAGA and have Open and
Free Trade bring PEACE to the People of the World.
Please see https://2percent-liberty-tax.com/ and have Elon Musk visit me to PLAN the research
and implementation of LIBERTY TAX to END TAX SLAVERY and MAGA.
Americans and Australians are Mates. Mates SHARE and CARE for one another. That’s what
Mates do. We will care for Elon as a ‘True Blue’ Mate and return him safely to you.
Affectionately your Aussie Mate.
Derek Smith CA
PS: I just read on Facebook Elon Musk’s mother has cancer. My suggestion, liquidise beetroot
and sip it throughout the day and when awake at night. This can alkalise the body and kill the
cancer. We are what we eat and drink.

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