Time: Sun Apr 20 07:15:02 1997
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Date: Sun, 20 Apr 1997 07:04:10 -0700
To: JAdam2594@aol.com
From: Paul Andrew Mitchell [address in tool bar]
Subject: SLS: National Sales Tax (fwd)
What if income tax revenues are NOT paying
for any government services, but instead
are being laundered straight into foreign
banks, like Rothschilds, Warburg and Sons,
and Kuehn-Loeb?
What if?
Do you think a National Sales Tax is going
to make any difference, if that is the case?
I seriously doubt it.
/s/ Paul Mitchell
At 08:54 AM 4/20/97 -0400, you wrote:
>
>---------------------
>Forwarded message:
>From: bachert@mindspring.com (Richard Bachert)
>Date: 97-04-19 13:43:12 EDT
>
>Gee, gang, I'm not for hammering "da rich", "da poor" or anybody, but here's
>yet ANOTHER good reason for the National Retail Sales Tax: EVERYBODY WILL
>PAY AT THE SAME RATE. With the PC required circuit breaker rebate for "da
>poor" everybody will pay what they should to support the relatively stable
>and secure "system" (albeit has some problems which need to be addressed --
>and soon) based on their lifestyles, spending and the level of success they
>have realized under that system: The poor (who have had little or no success
>will pay little, the rich, who have achieved a high level of success will
>pay the most (because they SPEND the most) and the middle-class who have
>reached some middle level of success will pay at varying levels between
>those two extremes.
>Why should replacing the income tax with the NRST be such a hard thing to
>make happen?
>How about because it makes so much sense. And "sense" -- especially the
>"common" variety -- is a rare commodity in America today.
>
>
>>IRS: 2,500 high earners paid no federal income tax in 1993
>> April 18, 1997 7.03 a.m. EDT (1103 GMT)
>>
>> NEW YORK (AP) -- The number of wealthy Americans who didn't pay federal
>> income taxes grew from 85 a generation ago to nearly 2,400 in 1993, the
>> Internal Revenue Service reported.
>>
>> The increase among those who paid no taxes from 1977 to 1993 came as the
>> number of residents earning at least $200,000 jumped 15-fold, The New York
>> Times reported today, citing IRS quarterly statistics.
>>
>> In addition, 18,000 wealthy Americans -- those making at least $200,000 --
>> paid less than 5 percent of their incomes in 1993.
>>
>> The report did not say how the high-earning Americans were able to avoid
>> paying federal taxes. The Times reported that three-fourths of them
>received
>> tax-exempt interest from municipal bonds.
>>
>> About one-fourth used interest deductions and taxes paid to states and
>local
>> governments to eliminate federal income tax liability. And taxes paid to
> foreign government offset the federal bite for one-fifth of the cases.
>>
>> The IRS also has been conducting fewer audits of people with the highest
>> incomes, the agency revealed this week.
>>
>> "With diminishing audits, people are realizing it is possible to save
>money on their taxes and they are becoming more aggressive about
>reducing their
>> taxes,'' said Mary Hevener, a tax lawyer at Weil Gotshal & Manges in
>Washington and an authority on taxation of employee benefits.
>
>Dick Bachert
>Norcross, GA
>bachert@mindspring.com
>Editor, CATTALES/Member, National Board, Citizens for an Alternative Tax
>System
>
>
>"Yes, we did produce a near-perfect republic. But will they keep it? Or
>will they, in the enjoyment of plenty, lose the memory of freedom? Material
>abundance without character is the path to destruction." Noted 18th century
>trouble-maker, T.Jefferson.
>
>"A nation of well informed men who have been taught to know and to prize the
>rights God has given them cannot be enslaved. It is in the region of
>ignorance that tyranny begins." Infamous writer, printer and renegade
>compatriot of T.Jefferson, B. Franklin
>
>For the latest information on the Congressional proposal to replace the IRS
>and Income Tax with National Retail Sales Tax see http://www.nrst.org
>
>
>
>
========================================================================
Paul Andrew, Mitchell, B.A., M.S. : Counselor at Law, federal witness
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