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Letter No.13 of 10/12/2024

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Dear President Donald Trump
It is reported that you have appointed a number of $US Billionaires to your Team.
It is separately reported that in the USA $US Billionaires pay income tax at 1% compared to the top marginal rate of 37% paid by a million Americans.
You can bring equity and fairness in TAXING to all Americans with 2% LIBERTY TAX. The Open Market Value NET of EXISTING TAXES of ALL CHANGES of OWNERSHIP is TAXED at 2 cents in the dollar.
All trading, investing, speculation, gambling, borrowing, etc is taxed at 2 cents in the dollar.  Those trading, investing, speculating trade the margins. Tax is a cost of doing business so this 2 cent TAX gets included in the margins.
The USA population of 346 million are the beneficiaries of 2% LIBERTY TAX with all EXISTING MONEY buying more goods and service at the NET of EXISTING TAXES REDUCED PRICES.
With Made in America replacing Made in China etc ALL Americans can have the opportunity of a JOB or BETTER JOB with the 2% LIBERTY TAX paid by employers. Americans can create the WEALTH to BUY BACK America from Foreign Owners to Secure their Freedom and Democracy.
No doubt your Team of Billionaire will greatly contribute to “Making America Great Again” but this cannot compare with the contribution that 2% LIBERTY TAX can make in 2025 and beyond.
Kind regards
Derek Smith CA
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