TAXES FOR REVENUE ARE OBSOLETE
01/01/1946Check out an article written in 1946 by Beardsley Ruml, Chairman of the Federal Reserve Bank of New York, in the American Affairs Journal (see page 35). There are several other interesting articles illustrating some of the movers and shakers of 1946.
His thesis is that given (1) control of a central banking system and (2) an inconvertible currency, sovereign national government is finally free of money worries and need no longer levy taxes for the purpose of providing itself with revenue. The latter end of his paper is devoted to an argument against taxing corporation profits.
- FairTax News
- The Alabama Economic Freedom Act, Alabama's FairTax
07/22/2019 - Tax Reform or Tax Scam: You be the Judge!
05/24/2018 - Sens. Moran, Perdue Introduce FairTax Legislation
01/13/2015 - It’s Baaaack! Congressman Woodall Re-Introduces the FairTax
01/07/2015 - 'Staggering': Government making $100B in improper payments every year
07/09/2014 - IRS In ‘Bunker Mentality’ As Interest Groups, Media Join Congress In Seeking Information
07/09/2014 - New Info Suggests Lois Lerner Knew Of; Feared Congress’ Subpoena Power Over IRS Communications
07/09/2014 - The Foreign Account Tax Compliance Act (FATCA) Articles
07/01/2014 - Is FATCA the Worst Part of the Internal Revenue Code?
07/06/2014 - Under the Good Jobs-Report Hood
07/05/2014 - News Archive
