Do we need taxation? What would you say if the answer to that question was no?
Taxation simply is a revenue source for government.
Government currently manages massive pension funds designed to generate profits and from the return, pay out billions for retirement benefits. Just Google "State Retirement Funds" and every state in the union has one. Any City; County; School District; or State can be funded using the same principle of revenue generation. Instead of a fund set up as a pension fund, a fund can be established with the purpose of generating the revenue required to meet that local government's operating budget. A fund entitled: Tax Retirement Fund (TRF) designed with the purpose to meet all budgetary requirements can and will greatly reduce taxation and could eventually eliminate it. Is this possible? Yes! It's already happening. A working model to do it is already in place. The management teams to make the Tax Retirement Fund happen are in place today. Managers with proven track records who are already managing the combined multi trillion dollar State, Local, and Federal Retirement Pension Funds can now also do the same for the TRFs. It can be done. Since the burden of taxation will be greatly reduced and in some cases eliminated, the US economy will become much more competitive with the world wide economy. In the past, government pension funds drove the economy as they grew, now, TRF funds set up for the well overdue purpose of eliminating taxation, will create "an economic rising tide that will lift all boats". Since the performance of the TRFs will be directly tied to the economy, the incentive for frugal and effective management of the funds will replace the tax the rich and spend all of "their" money attitude currently being espoused by our current politicians. President John F. Kennedy said: “No American is ever made better off by pulling a fellow American down, and every American is made better off whenever any one of us is made better off. A rising tide raises all boats.” This will drive the creation of wealth for every person on the planet. Economic unrest will be reduced and so will the desire to go to war with your neighbors. The government through the management of their own trillion dollar collective pension funds have proven that the TRF will work. It is just a matter of administrative application to implement the model designed to "retire all taxation." The investment model of government pension funds has driven the economy for the last seventy years by investment as billions were generated in return. TRFs established with the applied purpose of generating revenue for meeting local government's operating budgets, can and will fulfill the purpose of greatly reducing and in some cases eliminating taxation, as the investment capital of the funds drive the economy. Taxation will no longer be needed as a revenue source or be greatly reduced. You can make it happen in your town, then county, and state? Everything is in place to make this happen. It can happen. So let's make it happen! It's time for a real change.. and a real candidate elected that will effect that change. We have built up the wealth within government. It is time to administratively modify government so that for our future generations taxation will become a word of the past and the wealth of the government will be derived from the strength of the economy. Pass the word! We can make this happen!
TRF - Tax Retirement Fund is in part a registered US Trademark of: Tax Retirement Fund Association