Dear President Donald Trump
Motivating your workforce of 168 million.
You have 165 million in your Private Sector workforce, whose efficiency, effectiveness and productivity is negatively impacted, because your Existing Taxes destroy their incentive to work to their full capabilities.
The same applies to your 3 million in your Public Sector.
Elon Musk sacking a large number of Public Sector workers, may temporarily add incentive to work, but this will not last because of the lack of accountability in the Public Sector.
I was the CFO of a Bank that administered a Farmers’ Drought Relief Fund for a State Government. Before the end of the Financial Year we had a meeting with State Treasury Officials to balance the books of the Fund. TheTreasury figures never agreed with our figures, which were supported by our Auditors, so Treasury made a one sided entry to agree with our figures.
Your 168 million workers are the most valuable resource, capable of creating more wealth than any other resource. This can only happen with 2% LIBERTY TAX.
Please understand that measuring the American Economy and Financial Strength with GDP is a nonsense because it leaves out many more times activity than it includes.
Measuring TAXATION as a % of GDP is a nonsense for the same reason.
The true and fair measure of all Economic and Financial activity is the Open Market Value of All Changes Of Ownership (ACOO) into, within and out of America.
When you understand this, you will understand the simplicity, cost efficiency and compliance effectiveness of 2% LIBERTY TAX.
Kind regards
Derek Smith CA