Consumption Tax 
Consumption Tax

February 12, 2005


Unless The People Rise Up, Here's What's Coming:
Federal Consumption Taxes PLUS The Income Tax

Conflicts of Interest Apparent In President's Tax Panel

Panel Focused on Economic "Modeling"
NO Voice For The Constitution

Presidents Bush's Advisory Panel on Federal Tax Reform held their first public
meeting in Washington on Wednesday.

At that meeting, the first witnesses appearing before the panel put forth facts and professional opinions to establish the framework the panel will build upon as it moves toward its recommendations this coming July.

The panel's discussion focused extensively on econometric "modeling," the rapidly growing federal revenue requirements and technical factors affecting the efficiency of tax administration and enforcement.

Despite the full-page ads placed by this Foundation this week in the Washington Times, and
information packages sent by the Foundation to each individual panel member, NO discussion took place regarding the impacts of the panel's recommendations on the protection of the rights of People or the Constitutional limitations that explicitly bind the taxing authority of Congress.

If the projections arising out of the financial "Perfect Storm" depicted by the panel regarding the need for greatly increased federal revenues are accurate, and if the President and Congress adopt the reforms apparently already emerging from the panel, the People will soon experience a new, and never-before-seen condition of economic slavery, openly achieved through the tax "laws" of this nation.






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