NESARA
The National Economic Stabilization and Recovery Act

Monetary and fiscal policy reform that will double the standard of living for every American
within one generation and restore economic and social prosperity across the land.

 
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How Does NESARA Compare to Other Proposals?
Individual Tax Freedom Act of 2001 (H.R. 2717)
 

H.R. 2717 is similar in many respects to the FairTax Act. This bill also exempts no necessities of life and instead keeps Congress in the social welfare business by providing refund payments to qualified households.

Business/trade purchases are exempt from the tax.

H.R. 2717 taxes contracted labor/services, which is essentially an income tax under another name.

Like NESARA, H.R. 2717 does not repeal Social Security and Medicare payroll taxes.

H.R. 2717 provides a slightly different mechanism for a rebate process, by allowing the rebate to be realized in payroll deduction calculations. Notice that the administrative burden is placed upon employers.

All sellers must register, including contracted laborers.

Personal property and homes are subject to levy and liens, despite the tax being a business tax. The burden of proof is on the accused, not the taxing authorities.

Like FairTax, the H.R. 2717 is regressive in nature because not all households will qualify for rebates.

H.R. 2717 provides no relief from current banking laws.

H.R. 2717 fails to provide provisions to resolve the root problem, an unsound money system. Tax reform is a good start, but ultimately futile without monetary reform. NESARA solves both problems.

NESARA is built upon the foundations of life, liberty and property, does not unduly tax the necessities of life and does not support intrusions into private lives. NESARA was written from within the grass roots of America, not by special interests. That’s why NESARA will work. H.R. 2717 is not the answer.

Read H.R. 2717 on line.

Go to the comparison chart

Send a letter to your representatives Voicing Opposition to H.R. 2717.
 

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