The President's Advisory Panel on Federal Tax Reform

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Comments Submitted for:
The President's Advisory Panel on Federal Tax Reform
From: The business owners as stated below
Patrick Paine
Cynthia Kennedy
Video Velocity, Ltd
28 February, 2005
Contact:
Patrick Paine
PO Box K
Virginia City, NV 89440
trikpony22@aol.com
The President's Advisory Panel on Federal Tax Reform 1440 New York Avenue NW Suite
2100 Washington, DC 20220
27 February, 2005
Dear Panel Members:
We welcome this opportunity to voice our opinion about this most important issue. Any
person who has studied our system of taxation cannot help but be aware of the obvious fraud
being perpetrated upon the American public. This must not continue. In accordance with your
guidelines, we will remark on the topics as requested:
1.
Headaches, unnecessary complexity, and burdens that taxpayers - both individuals
and businesses - face because of the existing system.
Citizens spend many hours of their free time, in order to submit to IRS demands, keeping
records, submitting this information to tax preparers, or filling out forms, for what is called a
“voluntary” tax system. Of course we all know that if you don’t “volunteer” to pay taxes, you’ll
find your self in a lot of trouble. The average person works for up to five months of the year, just
to pay their tax burden. The convoluted, confusing 40,000 page Internal Revenue Code itself is a
major headache contributor!
2.
Aspects of the tax system that are unfair:
Some of the worst examples of the existing system include the imposition of a double tax
on Social Security (how is it possible that Congress has allowed this to exist, much less
continue?), and the “Death Tax,” which creates hardships for many, both monetarily and jobwise. We don’t know of any financial entity that can get away with charging exorbitant penalties
in addition to unrealistic interest rates for such “transgressions” as being late with a payment –
but also for so many unrealistic issues. The IRS regularly hurts or even bankrupts citizens with
these unfair charges. What other entity is able to charge huge sums of money in advance,
reaping the rewards of interest on our money, well in advance of a purported tax debt? (We refer
to the infamous “quarterly tax payments” required of those who own their own business).
3.
Specific examples of how the tax code distorts important business or personal
decisions.
It is common knowledge that many functions of business are motivated by tax breaks or
deductions. We who run a business are always looking for the tax advantage. This forces us, for
example, to make business purchases off-schedule in order to gain these advantages.
Page Two - Video Velocity, Ltd
4.
Goals that the Panel should try to achieve as it evaluates the existing tax system and
recommends options for reform:
It is well known that the leaders of this country and officials of the IRS and DOJ have
been asked repeatedly to answer questions which we believe will clarify, once and for all, the
truth about taxation in this country. A First Amendment Right to Petition for Redress issued on
November 4th, 2002, has been ignored, and until this Petition is answered, the current
unconstitutional and unlawful method of taxation will continue to place a great burden upon the
majority of our population. It is our hope that the Panel, first and foremost, will seek
clarification of the issues brought forth in the Petition. Only then will the Panel be able to enter
into this research with a “clean slate.”
It is our hope that the Panel will bring the truth to light for the benefit of all who are
subject to this unjust tax, bringing about true reform. Please help get the Petition heard, and
restore a badly-needed element of Constitutionality to our Republic!
Respectfully submitted,
Patrick Paine
Cynthia Kennedy
Video Velocity, Ltd
PO Box K
Virginia City, Nevada 89440
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