Dear President Donald Trump.
The USA and the Western World has been at Economic and Financial WAR against China
and since the early 1970s and now BRICS.
As an act of Economic stupidity goods ‘Made in China’ were allowed duty free and with no
quotas into these Democratic markets.
As ‘Made in China’ replaced ‘Made in America/Australia/etc’. EXISTING TAXES were
increased and NEW TAXES introduced.
By 1985 in Australia, TAXES and Government Charges were 50% of the PRICE of bread.
After the introduction of the 10% GST on 1 July 2000, TAXES and Government Charges
were 50% of the PRICE to build a new house and almost everything else.
The first income tax in Australia was imposed in 1884 by South Australia with a general tax
on income. Federal income tax was first introduced in 1915, as a wartime measure to help
fund Australia’s war effort in the First World War. This WAR effort was in Europe to protect
the British.
As ALL TAXES get included in the PRICES of goods and services TAX SLAVERY started in
1884 before Australia was a Nation.
TAX SLAVERY has a debilitating impact on the human body and mind.
1. On the body when workers compulsorily work for part of the year paying TAXES TWICE
to fund government.
2. On the mind when workers compulsorily pay out of every pay packet TAXES and from
their NET of TAX take-home-pay buy goods and services loaded with their TAXES PAID
TWICE.
Anyone who has been in Business Management knows that TAX affects the economic
demand for labour, influences the quantity and quality offered, or act on both. Like any other
obstacle to production, high rates of TAX cause economic stagnation and breed unemployment.
Taxation has such consequences whenever it renders human labour uneconomic.
America, Australia and the Western World are losing the Economic and Financial WAR
against China and BRICS because the cost of their workforces are loaded with TAXES which
make them uneconomic to employ Nationally and Internationally. I understood this reality in
the late 1970s which led me to create 2% TAX in the early 1980s and publish it in 1985 for
the TAX SUMMIT of PM Bob Hawke. Now it would be reasonable to expect that this
THINKING would have penetrated the minds of Politicians and Bureaucrats over the past 50
years, but NO this THINKING has still yet to happen.
These direct compulsory TAXES on wages, benefits, incomes, profits, capital gains and
goods and services have created an Industry of TAX NONCOMPLIANCE. This involves
avoidance and evasion by understating declared income i.e. cash payments, counter trades,
barter, etc and overstating claimed expenses. Also, income splitting with Trusts and
nondisclosure with charitable Foundations. In business it involves Transfer Pricing,
Overstating Management Charges, Interest charged on trading terms, etc. to shift profits to
low tax Countries. So, these TAXES have created a National Culture of cheating and fraud.
The transparency of LIBERTY TAX and the low single rate of TAX create market
enforcement of compliance (if a business does not fully reduce its prices shoppers will go
elsewhere, and the business will fail). Shoppers can have an App on their smartphones to
check the reduced prices. This will create a National Culture of compulsive compliance from
which all benefit.
LIBERTY TAX benefits ALL as shown by the website https://2percent-liberty-tax.com/
You can change the National Culture from cheating and fraud to compulsive compliance by
announcing that Elon Musk or one of your Sons will visit me to PLAN the research and
implementation of LIBERTY TAX to MAGA and bring PEACE to the World.
It’s your FREEDOM of Choice and Legacy. The END of TAX SLAVERY or ownership and
control by Communist China and BRICS.
Derek Smith CA
Your Freedom Loving Aussie Mate.