Ron Paul: Income Tax = Involuntary Servitude





In his latest column, Ron Paul talks about Tax Freedom Day, a hypothetical holiday which is “celebrated” today, April 13, and symbolizes the fact that Americans are slaving away 3.5 months, or 28.2% of this year to fulfill the government’s voracious appetite for confiscatory taxes, corrupt bailouts and wasteful stimulus efforts. Ron Paul wants to abolish the income tax and replace it with nothing, and until that dream becomes a political reality, he fights for every tax cut and tax credit possible.

Fewer Taxes for Real Economic Stimulus

by Ron Paul

Taxes are the issue this week as Americans struggle to make the April 15th deadline to file their returns. It is a good time to contemplate the effects of big government and what it does to our country. The income tax is one of the most egregious encroachments on our liberties today. It is a form of involuntary servitude, which was supposed to have been outlawed by the 13th Amendment.

Tax Freedom Day is defined as the day when the nation as a whole has theoretically earned enough income to fund its annual federal tax burden. For all of the days of the year before this day, you are a slave to government. For 2009, Tax Freedom Day will come on April 13th. Almost a century ago in 1910, before the mistakes of 1913-namely the inception of the Federal Reserve and our current income tax, Tax Freedom Day was January 19th, signifying a mere 5% tax burden. Somehow, our country functioned just fine.

If calculated to include government spending and the deficit, rather than just collections, Tax Freedom Day would actually fall on May 29. The annual deficit adds to the growing debt of future generations and adds insult to injury to those that struggle to make this economy work. It is a slap in the face that this is not enough to prevent this crushing governmental burden from falling on the next generation.

For months now, Washington has been desperately throwing taxpayers’ money at various programs to stimulate us out of the recession, to no avail. Seeing hard-earned money confiscated from the people and spent in such wasteful ways, such as the recent bailouts, is almost too much to bear. Getting rid of the income tax altogether, while very beneficial, may be a while in coming. In the meantime, I am fighting for every tax cut or tax credit possible.

I can think of no better economic stimulus than letting people keep their money and spend it how they see fit. For this reason, I am an original cosponsor on a bill that would give Americans a two month employment and income tax holiday, while taking unused TARP money back from the Secretary of the Treasury and putting it in the Social Security trust fund instead.

In addition, I have recently introduced the Child Health Care Affordability Act. If passed this legislation would provide parents with a tax credit of up to $500 for health care expenses of dependent children. I have also re-introduced the Tax Free Tips Act, which would make tips exempt from federal income and payroll taxes. I am also an original cosponsor of a bill that would make permanent the deduction of state and local sales taxes. My bill HR 162 exempts Social Security benefits from income tax.

These are just a few of the many tax related bills I am fighting for in Congress, but without a corresponding cut in the size of government, which I am also fighting for, we are simply adding to the future tax burden of our children.



style="display:inline-block;width:728px;height:90px"
data-ad-client="ca-pub-3666212842414688"
data-ad-slot="9478233584">

»crosslinked«

Likes(0)Dislikes(0)

323 Comments:

  1. Thankyou for all your efforts that you have put in this. very interesting information. best reseller hosting | cpanel reseller |

    Likes(0)Dislikes(0)

    Like or Dislike: Thumb up 0 Thumb down 0

  2. I truly enjoy studying on this website , it has superb posts . "The secret of eternal youth is arrested development." by Alice Roosevelt Longworth.

    Likes(0)Dislikes(0)

    Like or Dislike: Thumb up 0 Thumb down 0

  3. You...are...my...hero!!! I cant believe something like this exists on the internet! Its so true, so honest, and more than that you dont sound like an idiot! Finally, someone who knows how to talk about a subject without sounding like a kid who didnt get that bike he wanted for Christmas.

    Likes(0)Dislikes(0)

    Like or Dislike: Thumb up 0 Thumb down 0

  4. Hello my friend! I wish to say that this post is awesome, nice written and come with approximately all vital infos. I'd like to peer extra posts like this.

    Likes(0)Dislikes(0)

    Like or Dislike: Thumb up 0 Thumb down 0

  5. Thank you for the auspicious writeup. It in fact was once a amusement account it. Glance advanced to far introduced agreeable from you! However, how can we keep up a correspondence?

    Likes(0)Dislikes(0)

    Like or Dislike: Thumb up 0 Thumb down 0

  6. Spot on with this write-up, I truly think this website needs a lot more attention. I’ll probably be back again to read through more, thanks for the advice!

    Likes(0)Dislikes(0)

    Like or Dislike: Thumb up 0 Thumb down 0

  7. Fantastic beat ! I wish to apprentice while you amend your web site, how can i subscribe for a blog web site? The account helped me a acceptable deal. I had been a little bit acquainted of this your broadcast provided bright clear concept

    Likes(0)Dislikes(0)

    Like or Dislike: Thumb up 0 Thumb down 0

  8. Pingback: help paying rent 111

  9. @ElSuperHosen I guess he did say it was unconstitutional. At least his argument is different from the normal argument that has been refuted.

    Likes(0)Dislikes(0)

    Like or Dislike: Thumb up 0 Thumb down 0

  10. Pingback: 10 Reasons I Am Voting For Ron Paul in 2012 - The Wild North

  11. Pingback: Takeouts Bra Inserts

  12. Pingback: DA-ZMP08G-CA-RED

  13. Pingback: how can i get medical marijuana in michigan

  14. Pingback: doc 420 los angeles ca

  15. Pingback: medical marijuana evaluations oakland ca

  16. Pingback: Affiliate Cash Snipers

  17. Pingback: droid 3 accessories

  18. Pingback: survival in the wilderness

  19. Pingback: wholesale power balance bracelets

  20. Pingback: dolla will

Leave a Reply

Your email address will not be published. Required fields are marked *


9 − = eight

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>