Time: Tue Oct 14 09:03:37 1997
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Date: Tue, 14 Oct 1997 08:50:33 -0700
To: heritage-l@gate.net
From: Paul Andrew Mitchell [address in tool bar]
Subject: CSA - Taxes and the "Silver Bond Proposal"
I have been involved in this particular debate
for more than 7 years now. I strongly recommend
that we all do some essential "discovery," before
putting the cart before the horse. If the Grace
Commission report is correct, then none of the income
tax revenues go to pay for ANY government services.
NONE. ZERO. NADA.
Recent evidence indicates that the IRS is actually
laundering tax receipts through an illegal trust in
Puerto Rico. I admit, the probability of a proper,
official audit of all these stolen funds is politically
near zero. But, I counter by saying that we need to
decide, as a nation, whether or not it is best
to experiment with a one-year moratorium on
federal income taxes, WITHOUT ANY OTHER CHANGES.
The Secretary of the Treasury would be authorized
to stop withholding immediately on all federal
government employees, for example, by publishing
a lawful Notice in the Federal Register. If I were
in the House or Senate right now, my website would
have a letter, on Congressional stationery, providing
all constituents with all the authority they would
ever need to stop withholding, immediately. Americans
seem to be impressed with statements which originate
on Congressional letterhead.
If my hypothesis is correct, then keeping all of that
money in the country, instead of allowing it to
bleed off (hemorrhage?), to line the pockets of
already super-rich foreign bankers, will cause
an economic Renaissance here, the likes of which
this nation has never ever seen.
The major problem with this "experiment" is that
an immediate stop to withholding, will force up
prices, invariably. That was my main reason
for floating the "Silver Bond Proposal." Briefly,
the extra purchasing power resulting from a stop
to all withholding, could be routed into savings,
with an attractive Silver Bond offering by the
United States Department of the Treasury, on
1-, 2-, and 3-year maturities. Perhaps another
"Fire Side Chat," by a respected President, could
encourage Americans to approve this temporary measure.
Upon reaching maturity, these bonds would be payable
in hard silver coin. The 1-to-3 year "interim" would
give the Mint plenty of time to crank up coin production,
as the federal government went on a genuine nationwide
hunt for minable silver deposits. I know there are plenty
of details to be worked out, but I do believe this
approach will prevent the extra disposable earnings
from being destroyed by a concomitant inflation in prices.
So far, the responses I have received to this Silver Bond
Proposal have been unanimously positive, I am happy to say.
Bring on the critics! For an excellent historical
background, readers are advised to read and study
"Return to Constitutional Money," in the Supreme
Law Library, at the URL just below my name here:
/s/ Paul Mitchell
http://supremelaw.com
copy: Supreme Law School
At 11:08 PM 10/13/97 -0400, you wrote:
>People today are hot on an "alternative to the income tax". A flat tax
>has been suggested, also a consumption (sales or vat) tax. My question
>is, would a consumption tax be constitutional? We had to pass an
>ammendment in order to start the income tax. Would a consumption tax
>also require this?
>
>Dan Meredith
>
>
===========================================================================
Paul Andrew Mitchell, Sui Juris : Counselor at Law, federal witness 01
B.A.: Political Science, UCLA; M.S.: Public Administration, U.C.Irvine 02
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ship to: c/o 2509 N. Campbell, #1776 : this is free speech, at its best 06
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_____________________________________: Law is authority in written words 09
As agents of the Most High, we came here to establish justice. We shall 10
not leave, until our mission is accomplished and justice reigns eternal. 11
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