Saturday, April 09, 2011

Donald Trump and his possible run for the presidency, taxes and trade.

I personally am warming up to Donald Trump’s run for the presidency and for good reason … it’s time for our elected public trustees to promote America’s best interest as our founding fathers did, and which I believe Trump would do while telling our traitorous one world crowd to but-out!

SEE: Norquist critical of Trump’s tariff proposal


” Norquist, the founder of Americans for Tax Reform, told The Daily Caller. “Tariffs are not paid by Chinese people, they are paid by American people who buy Chinese products. It would raise the costs of everything you buy in the store. Most of those things you by from China and because you raised the price of one competitor, everybody else gets to raise their prices too.”


Stop making crap up Mr. Norquist! The fact is, taxes at our water’s edge, which our founding fathers used to promote America’s best interests, are to be paid at our federal government’s custom houses prior to the imports reaching our market place, and once paid, the imports are then allowed to advance to our market place.


In fact our founding fathers use of taxes at our water’s edge was very much responsible for America becoming the economic marvel of the world, until our modern day Congress became infested with disloyal money hungry members who were, and are at this very moment, willing to sell out America’s best interests to the highest international bidders and personally profit in the process! When these members of Congress talk about “free trade”, they are talking about allowing foreign manufactures to freely flood our market with untaxed cheap inferior goods, while Congress then freely taxes America’s manufactures, its industries and the property which working people have in their labor to fill its national treasury. I say “its treasury” because our scum on Capitol Hill believe our national treasury is their personal ATM, and the above is what they mean when they talk about “free trade”.

By contrast, instead of taxing our domestic manufactures, industries and labor to fill our national treasury, our founding fathers taxed at our water’s edge and had foreigners paying for the privilege of doing business on America soil! What a novel idea … an America first policy!

Madison sums up our founding father’s trade policy as follows during the creation of our Nation‘s first revenue raising Act

“…a national revenue must be obtained; but the system must be such a one, that, while it secures the object of revenue it shall not be oppressive to our constituents.”

The Act went on to tax specifically chosen imported articles and not one dime was raised by taxing American domestic manufacturers, the working man’s wage, or the returns on invested capital ___ all of which contributed enormously to America becoming the economic marvel of the world! It should also be noted the Act was signed by George Washington on July 4th, 1789, as if to give England a second notice of America’s independence while exercising her power to tax foreign imports in order to fill our national treasury.

In addition to imposing a specific amount of tax on specifically chosen articles imported, our founding fathers imposed an across-the-board tax on imports which was higher for imports arriving in foreign owned foreign built vessels, and discounted the tax for imports arriving in American owned American built ships:

"...a discount of ten percent on all duties imposed by this Act shall be allowed on such goods, wares, and merchandise as shall be imported in vessels built in the United States, and wholly the property of a citizen or citizens thereof." SEE: An Act imposing duties on Tonnage July 20, 1789


This patriotic use of taxing at our water’s edge not only filled our national treasury, but gave American ship builders a hometown advantage and predictably resulted in America's ship building industry to flourish and America’s merchant marine to become the most powerful on the face of the planet. Unfortunately, last time I visited the docks in New York's Hell's Kitchen area, I was very saddened that I could no longer read the names on the docked ships as they all seemed to be foreign owned foreign built vessels...an irrefutable sign of America's decline traceable to the ravages of our international “free trade crowd” and a traitorous sellout of America’s sovereignty to the highest international bidders by members of Congress and our presidents, past and present!


Bottom line is, Donald Trump is correct on taxing at our water’s edge, just as our Founding Fathers were correct on taxing at our water’s edge, and the proof is, by the year1835 America was manufacturing everything from steam powered ships, to clothing spun and woven by powered machinery and the national debt [which included part of the revolutionary war debt] was completely extinguished and Congress enjoyed a surplus in the federal treasury from tariffs, duties, and customs. And so, by an Act of Congress in June of 1836 all surplus revenue in excess of $ 5,000,000 was decided to be distributed among the states, and eventually a total of $28,000,000 was distributed among the states by the rule of apportionment in the nature of interest free loans to the states to be recalled if and when Congress decided to make such a recall.

Norquist needs to stop making crap up!


As for Donald Trump, my advice to him would be to offer to return to our Constitution’s original tax plan which would end all taxes calculated from profits and gains now levied on our domestic manufactures and investors, and also end the current and slavish tax on the bread which working people earn. In addition, Donald needs to advance a no-nonsense method to extinguish annual deficits which creates a very real moment of accountably for members of Congress should they spend more than is brought in from imposts, duties and miscellaneous excise taxes on judiciously selected articles of consumption. And how do we return to our Constitution’s ORIGINAL TAX PLAN as our founders intended it to operate? By adding the following to our Constitution:

Proposing a balanced budget amendment to the Constitution of the United States.


“SECTION 1. The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay ``any`` tax or burden calculated from profits, gains, interest, salaries, wages, tips, inheritances or any other lawfully realized money

NOTE: these words would return us to our founding father’s ORIGINAL TAX PLAN as they intended it to operate! These words would also remove the existing chains of taxation which Congress now uses to enslave America‘s businesses, its industrial and manufacturing base, and they would end the slavish tax which now confiscates the bread which working people have earned!

"SECTION 2. Congress ought not raise money by borrowing, but when the money arising from imposts duties and excise taxes are insufficient to meet the public exigencies, and Congress has raised money by borrowing during the course of a fiscal year, Congress shall then lay a direct tax at the beginning of the next fiscal year for an amount sufficient to extinguish the preceding fiscal year's deficit, and apply the revenue so raised to extinguishing said deficit."

NOTE: Congress is to raise its primary revenue from imposts and duties, [taxes at our water’s edge], and may also lay miscellaneous internal excise taxes on specifically chosen articles of consumption. But if Congress spends more than is brought in from imposts, duties and miscellaneous excise taxes during the course of a fiscal year, then, and only then, is the apportioned tax to be laid.

"SECTION 3. When Congress is required to lay a direct tax in accordance with Section 1 of this Article, the Secretary of the United States Treasury shall, in a timely manner, calculate each State's apportioned share of the total sum being raised by dividing its total population size by the total population of the united states and multiplying that figure by the total being raised by Congress, and then provide the various State Congressional Delegations with a Bill notifying their State’s Executive and Legislature of its share of the total tax being collected and a final date by which said tax shall be paid into the United States Treasury."

NOTE: our founder’s fair share formula to extinguish a deficit is:

States’ population

---------------------------- X SUM TO BE RAISED = STATE’S SHARE

Total U.S. Population


This fair share formula is to insure that the people of those states who contribute the lion’s share of the tax are guaranteed a representation in Congress proportionately equal to contribution, i.e., representation with proportional obligation an idea which our progressives hate with a passion!

"SECTION 4.Each State shall be free to assume and pay its quota of the direct tax into the United States Treasury by a final date set by Congress, but if any State shall refuse or neglect to pay its quota, then Congress shall send forth its officers to assess and levy such State's proportion against the real property within the State with interest thereon at the rate of ((?)) per cent per annum, and against the individual owners of the taxable property. Provision shall be made for a 15% discount for those States paying their share by ((?))of the fiscal year in which the tax is laid, and a 10% discount for States paying by the final date set by Congress, such discount being to defray the States' cost of collection."

NOTE: This section respects the Tenth Amendment and allows each state to raise its share in its own chosen way in a time period set by Congress, but also allows the federal government to enter a state and collect the tax if a state is delinquent in meeting its obligation.


If Donald decides to promote the above, he will be the only candidate promoting a return to our constitutionally limited ‘Republican Form of Government’ as our founding fathers intended it to operate, and all other candidates will be advancing ways to subjugate the miracle which our founding fathers handed to us a a silver platter.

Donald, please do not let us down!


Regards,

Your pal from the South Bronx

johnwk


America, we have a problem, we have been attacked from within! We are being destroyed from within by a group of DOMESTIC ENEMIES who have managed to seize political power and whose mission is in fact to bring “change” to America ___ the dismantling of our military defensive power; the allowance of our borders to be overrun by foreign invaders, the diluting of our election process by allowing ineligible persons to vote; the destruction of our domestic manufacturing capabilities and a sellout to a one-world international free-trade crowd; the strangulation of our agricultural industry and ability to produce food under the guise of environmental necessity; the destruction of our nation’s health care delivery system, the looting of both our federal treasury and a mandatory retirement pension fund; the brainwashing of our nation’s children in government operated schools; the trashing of our nation’s traditions and moral values; the creation of an iron fisted control unauthorized by our written Constitution over America’s businesses and industries; the devaluation of our nation’s currency, and, the future enslavement of our children and grand children via unbridled debt and inflation, not to mention an iron fisted government which intends to rule their very lives!