A review of Part IV of the "Ron Paul Pillars of Prosperity"

Dr. Ron Paul has a new book called "pillars of the prosperity of Publication: FreeMarkets, fair price, private property, which contains a comprehensive collection of his thoughts on the economy, and provides an excellent opportunity for a special book. Check This piece is the first in a long review of the whole book, the full report, verified by every part of the book and a summary of the positions and arguments that have been sadlyare underrepresented to most Americans. "Part 4 – return to the taxpayer's money 'is treated here.

This section of the book, similar to discussions on social security is primarily through the various laws, Ron Paul has the support. All these projects focus on the provision of tax credits, the abolition of certain taxes or attack against the income tax as a whole. It is no secret that Paul is the belief that 16 change should allow the tax allegedcompletely abolished and replaced by nothing.

Instead of abolishing the income tax and its replacement by VAT or a flat fee, his solution is to downsize the federal government so that their costs can be paid by other means. The income tax is not before 1913, and repealing the income tax is now a government the size of what was in the United States a decade, not indifferent. The size of government must be cutBack to Paul, because of the many evils of big government (the socialist planned economy, the economic cycle, the lobbying by special interests, perpetual war, attacks on civil liberties, the destruction of the value of money and so on).

It is not surprising that many of the bills that have already supported or introduced by Paul to ensure that people retain more of their money. Some of them are Family Health tax cut bill that would have provided a tax credit availableFamilies with children with serious health problems to health services, and tax law teachers, the loans for teachers, counselors, librarians have provided and all staff who work in public, K-12 program 'public education . If all the tax can not be revoked at once, then it should certainly be helpful to reduce the tax burden for people.

Some of these changes, said attempts to address some aspects of how –Taxation IT) (and the logical point of view, most as a person disloyal. For example, there is a tax on the sale of livestock of the children who were sold on a farm for training. With so many laws passed in Washington is sold to public is that "children", which certainly does not make sense to expose the complexities and absurdities of the tax code, even before they are able to vote for candidates who legislate and 'administered through the system, right? ButCongress, the ultimate protector of the "child" is only too happy to use their share of income of a child against the sale of animals in educational programs.

Paul tries to prevent another thinly veiled attempt of theft by the IRS, if you put public safety Tax Act Some local authorities must make a habit of using the voluntary civil service for firefighters, may for example, and these volunteers are invited to encourage theirParticipation. These incentives typically include the payment of fees for water, sewer, trash, or a service. The IRS has ruled, however, the value of these tax incentives as volunteers, although they can not receive money directly from them, and can provide an important tool for recruiting volunteers. Paul tries to reverse this decision, unless the incentives for tax on income of individuals, and goes a step further: he would also offer a tax creditthese volunteers for their time and effort.

Another concern is education. Acting with the teacher tax cut, tried to offer tax credits for workers in the public school system, and with the Liberty Family Education Act, he turned to the other side of the coin: those who send their children to school. The purpose of this law is to give a tax credit of $ 3,000, so that parents would their children in private schools, public or religious school, or send them home withoutPlease feel too financially chained to the local public school offered. Paul makes a reference to the notion of consumer sovereignty, another term borrowed from Austrian Economics, said the market decide what forms of education, success or failure should be.

Paul but also aim directly at its target to completely eliminate the income tax and the IRS. Presents the Liberty Amendment, which comes only with the repeal of the 16th of ChangeConstitution. But this amendment would go even further, through selective regulation of the federal government to enact laws that the Constitution is not allowed. As Paul said: "The income tax opened the door at the time (and errors) of Big Government." So, was the introduction of taxes on income, which led to the development of significantly increasing the weight of the administration ..

Of course, this section would not be without at least one attack to another entity, or even completemore responsibility to the government near you: the Federal Reserve System. The federal income tax transfer more money from people in Washington, so that more potential for growth in the size of government. But the government always breeds more growth, not revenue or borrowing, which contain essentially a law on the press, the press that the Fed may be. One of the many consequences of this is that all restrictions are activated in the expenditure of the window when they are invited to join other comrades asCycle, the devaluation of the currency and the increase in the deficit.

That the philosophy of spending, which Paul finally back on, tax cuts, and discussion. His thoughts are very active on this issue, that Congress is now considering 150 billion of tax relief in question. But, according to Paul, the politicians do not even know what will happen with a tax cut promoted if the economy and for how long. And the idea that some bureaucrat who has a tax cutcost "the government" is even more misplaced. Spending is the first problem, and people spend money is not just the Congress.

Although the government does not know what will happen with the tax cut, "said Paul professed to know what happens if a charge is levied, or if it raises taxes. The fact that most of the money taken from economics to same time, it will certainly stimulate growth. The process of taxation by the result of human resourcesmarket creates the power to decide the value of goods and services and puts the power in the hands of central planners.

For example, the work of Paul is an indication of the people back their money or allow them to maintain first place, and in his philosophy of free markets and that markets work more efficiently than government planners at all in the management situation. His faith in the sovereignty of individuals is also representedin its efforts to abolish some taxes, reversing unfair, unproductive and decisions to end the IRS 16 Change in full. Reducing the size of government and increase individual freedom can be combined with other work, such as income tax and the Federal Reserve, the growth of Big Government, and the loss of civil liberties in order to 'bring the country's current instability .

Recommend : Safe and Natural Way to Have Clear and Beautiful appellate lawyer

Leave a Reply

You must be logged in to post a comment.