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TAX REFORM
If elected to the Senate, I would eliminate the Federal Income Tax &
Death Tax and force the Federal Government to balance its budget and pay
down the deficit. (While negotiating these details I would ensure that
the "Bush Tax Cuts" did not expire). I would institute a Presidential line-item veto and
ban pork-barrel projects. I would support a minimal Fair-Tax or Flat-Tax
option.
I would ensure that we do NOT undertake any form of internet tax or "VAT."
I will fight against upcoming increases in the Capital Gains & Dividends Taxes,
failure to index the AMT which will trap an additional 24 million families,
increased Marriage penalties, decreased Child tax credit, limits on HSAs & FSAs,
increased business taxes and decreased business deductions, limits on
educational tax credits and charitable deductions; and pending new taxes on
health insurance benefits! (This is ALL on the way folks, if we don't stop it.
Plus, the income tax rate is increasing by as much as 5% up to almost 40% of
income. Can you imagine what will happen if they add a VAT? Some of you will be
paying more than 60% of your income to the government before they are
finished with you!)
To combat the need for increased taxes, I would shrink the size of the Federal Government and drastically reduce all
their non-essential expenditures, THUS SEVERELY DECREASING THEIR TAX
REQUIREMENTS. Basically, they are responsible for National
Defense & declarations of War, the State Department, Space Exploration, the
Treasury & Taxation, regulation of commerce with foreign nations and among the
states, punishment of counterfeiting & piracies on the High Seas, the Post
Office, Federal Courts inferior to the Supreme Court, a Militia to prevent
insurrection or repel invasion, Copyright & Patents, the District of Columbia
... and Immigration.
Let's get them the heck out of everything else, re-affirm the Tenth
Amendment, block the abuse of the Commerce Clause and empower the states to
control their roads, health-care, education etc. Basically, any Federal function
that could be undertaken at a state level should be "offloaded" from the Federal
"Menu". Most of these functions should be farmed out to private enterprise, even
at a state level. In fact, government throughout the land should be encouraged
to operate at a profit just like private enterprise wherever possible; or sell
the franchise to provide the particular service at a profit to the citizens.
I would also take the USPS away from the feds; and in fact probably ban it
entirely. (Why do we need this monstrosity now that we have e-mail,
Satellite-Phones, T.V., BlackBerrys, Texting, Twitter, Facebook, YouTube, UPS &
FedEx?)
I would abolish the Federal Department of Education and so much of the
current federal function that the feds would be left with little more than
National Defense, Military matters & International Diplomatic functions, D.C.,
the Federal Judiciary and a Central Bank (God forbid).
(Send me an e-mail with any more ideas that I can reasonably support
here!)
Thanks,
Bill
THANK YOU FOR YOUR GRACIOUS
SUPPORT!
- CONTACT DATA
- Telephone
- (850) 225-7228
- Postal address
- 265 Country Club Rd., Shalimar, FL 32579
- Electronic mail
- E-Mail: dr.Escoffery@SenateBill.US
- WEB-SITE: http://www.senateBill.us/
- Webmaster: dr.Escoffery@SenateBill.US
WILLIAM ESCOFFERY III,
Candidate, U.S. SENATE, FL
2010
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