Dear President Donald Trump.
The following are irrefutable facts.
1. The standard of living of Americans and the People of other Western World Nations are dependent on cheap imports from China because the American and Western World economies and financial positions are not competitive against China.
2. Over the past 50 years (1) has created crippling DEBT for America and the European Nations including Britain.
3. The standard of living of Western Nations such as Australia are dependent upon export to China of unprocessed natural resources i.e. minerals, energy and primary produce.
4. China and the BRICS Nations now have a population of more than 50% of the World Population. Of the BRICS population of 4.32 Billion something like 70% have a standard of living below the rest.
5. The BRICS Nations do NOT have the resources to raise the living standard of this 70% of their Populations which is of concern for their Leadership, in-particular of China and India.
6. Historic Wars and the current Wars in Ukraine, Gaza, Lebanon, West Bank, Syria and Africa are over access to resources. If the status quo continues, access to resources will inevitably cause future Wars.
7. You and your advisers and the Leadership and their advisers of other Western Nations cannot see a circuit breaker to reverse the status quo. This reminds me of the words ’There are none so blind as those who will NOT see.’
8. What you will NOT see is that above is an outcome of America and Western World Nations TAXING income, profits and goods and services of the past 50 years. These TAXES and Government Charges find their way into the PRICES of all of your goods and services. Existing Taxes and Government Charges are up-to 50% of the PRICES of most goods and services from a loaf of bread to a new house. Also, your 168 million workers pay their TAXES TWICE – ONCE when deducted from their gross wages and TWICE when their TAX is included in the PRICES of goods and services they pay for with their Net of Tax take-home-pay. This is TAX SLAVERY which you must abolish.
9. The circuit breaker to the above is 2% LIBERTY TAX which I first published in 1985 and I have explained in my previous 91 letters to you.
To help you and your advisers see, understand, research and implement 2% LIBERTY TAX I will provide in my following letters –
A. An Australian Federal Government 2% LIBERTY TAX Budget showing a budget surplus to pay off debt.
B. An estimate of the Open Market Value of All Changes Of Ownership (ACOO) into, within and out of Australia to fully fund government and pay off debt.
C. A 2% LIBERTY TAX pre-implementation PLAN for the research, legislation, resourcing, accounting/reporting/
D. A 2% LIBERTY TAX post-implementation PLAN to END the TAX on income, profits and goods and services and from day one the application of the reduced 2% LIBERTY TAX PRICES of goods and services so that all money of individuals, businesses, other entities and government can buy more goods and services at the reduced prices which are competitive with imports.
E. How 2% LIBERTY TAX can have Made in America replace Made in China and the BRICS Nations, to create the wealth in America to pay off the crippling DEBT and secure the Freedom and Democracy of Americans in their own Country.
The changeover to 2% LIBERTY TAX can benefit all Americans from the bottom to the top end of town and the Nation.
I hope and trust that the above has the interest and the attention of you and your advisers.
Kind regards
Derek Smith CA
