Robert Steele on Tax Reform

Eliminate all income taxes & corporate taxes

Implement the Automated Payment Transaction (APT) Tax on Inauguration Day 2013
Eliminate all personal income taxes from Inauguration Day 2013.
Eliminate all business and corporate taxes (and subsidies) on Inauguration Day 2013
Eliminate the Internal Revenue Service by the 4th of July 2014

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: Feb 23, 2012