Imagine Legislation That
Eliminates Federal Income Taxes
 

The proposed National Economic Stabilization and Recovery Act, known as NESARA, amends the Internal Revenue Code of 1939 (as amended), to eliminate all federal taxes based on income: personal, corporate, gift and capital gains.

Under this new plan, volumes of complex tax code are replaced with a few pages of simple rules creating a national sales and use tax on specified retail sales and changing the Internal Revenue Service, IRS, into the National Tax Service, NTS, to administer the new revenue system.

Exemptions from the federal sales tax for the necessities of life make the tax a progressive tax, a characteristic often claimed for the federal income tax, but which, in reality, never existed.

NESARA’s major goals are stated simply:

1. To increase the efficiency of the federal revenue collection system through the elimination of billions of hours of nonproductive labor.
2. To shift the largely hidden (regressive) tax burden on production to very visible taxes on consumption, revealing to the people the true cost of government.

To eliminate constant Congressional temptation to tinker with income tax legislation for social manipulation and to maintain and enhance federal political power.

More information about, and a copy of the bill, are located on this web site.