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Robert Steele on Tax Reform

 

 


Eliminate all income taxes & corporate taxes

Source: Email interview on presidential race with OnTheIssues.org , Jan 2, 2012

Automated Payment Transaction: tax all financial transfers

I favor the abolishment of personal income taxes, business incomes taxes, and all other forms of tax such that we can eliminate the IRS. The Automated Payment Transaction (APT) Tax vastly expands the range of taxed transactions to include currency trading and stock trading as well as inter-bank transfers, and drops the effective tax rate down to under 1% for all transactions, split between the buyer and the seller. This encourages savings as well, and ends all loopholes.
Source: Email interview on presidential race with OnTheIssues.org , Jan 2, 2012

Make taxes progressive by taxing currency & stock trades

Q: Do you support or oppose the statement, "Make taxes more progressive"?

A: Strongly Support. HOWEVER, I favor the abolishment of personal income taxes, business incomes taxes, and all other forms of tax such that we can eliminate the Internal Revenue Service (IRS). The Automated Payment Transaction (APT) Tax vastly expands the range of taxed transactions to include currency trading and stock trading as well as inter-bank transfers.

Source: Email interview on presidential race with OnTheIssues.org , Jan 2, 2012

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Page last updated: Jan 09, 2016