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Ron Paul on Debt and Taxes

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From: Vicki
Sent on: Tuesday, April 15 at 11:09 PM
Today is April 15. I thought you'd appreciate what Dr. Ron Paul has to say about Debt and Taxes.
 
His video on the page linked below addresses the income tax. He says the income tax is "the worst way to collect revenue to run the government." He says we need to get rid of the income tax and repeal the 16th Amendment. He wants to cut government spending and start living within our means.
 
Dr. Paul also addresses the "inflation tax," the invisible tax of inflation. He correctly identifies the reason why prices are going up: the value of the dollar is falling because money is being printed out of thin air. For more on inflation, see his article here. You might also be interested in articles he has written that deal with the Federal Reserve.
 
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Debt and Taxes

Working Americans like lower taxes. So do I. Lower taxes benefit all of us, creating jobs and allowing us to make more decisions for ourselves about our lives.

Whether a tax cut reduces a single mother?s payroll taxes by $40 a month or allows a business owner to save thousands in capital gains taxes and hire more employees, that tax cut is a good thing. Lower taxes allow more spending, saving, and investing which helps the economy ? that means all of us.

Real conservatives have always supported low taxes and low spending.

But today, too many politicians and lobbyists are spending America into ruin. We are nine trillion dollars in debt as a nation. Our mounting government debt endangers the financial future of our children and grandchildren. If we don?t cut spending now, higher taxes and economic disaster will be in their future ? and yours.

In addition, the Federal Reserve, our central bank, fosters runaway debt by increasing the money supply ? making each dollar in your pocket worth less. The Fed is a private bank run by unelected officials who are not required to be open or accountable to ?we the people.?

Worse, our economy and our very independence as a nation is increasingly in the hands of foreign governments such as China and Saudi Arabia, because their central banks also finance our runaway spending.

We cannot continue to allow private banks, wasteful agencies, lobbyists, corporations on welfare, and governments collecting foreign aid to dictate the size of our ballooning budget. We need a new method to prioritize our spending. It?s called the Constitution of the United States.

 

More Videos Related to this Issue

Dr. Paul?s Writings On This Issue

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