REALLY! AN INNOVATIVE PARADIGM SHIFT ENDING OREGON TAXES

In my book, America the Beautiful, I built a functional business model for success, ending ALL taxes known to Americans.

To wit:

Income taxes 

Property taxes 

Capital Gains taxes

Inheritance taxes

Estate taxes

Self-Employment taxes

Business taxes

Excise taxes

(Tires, Liquor, Tobacco, Utility, Cell Phones, etc.)

ALL GONE!

National Transactional Surcharge (NTS)

Oregon Transactional Surcharge (OTS)

THE ROLLOUT WAS AT THE NATIONAL LEVEL "PROOF OF CONCEPT."

Basically, a consumption surcharge.

No one escapes. Day traders to Yacht buyers. Aristocrats and Wall Street will take the lead in funding the US TREASURY.

Income taxes didn't even exist until 1913 (16th Amendment) 

I scaled down the federal government

re-purposing its areas of responsibility. 

I designed retirement at 59, fully funded.

Every dollar you spend using your NTS card throughout your lifetime is matched by a percentage that compounds. I even suggest if you lose your NTS CREDIT CARD, or it gets stolen, not to worry, every fraudulent purchase is funding your retirement. "-)

My vision is to empower a hard-working Middle-Class MAJORITY Agenda (MMA).

This is a "pocketbook" argument that speaks directly to the kitchen table.

Most Oregonians don't realize that between income tax and "forever" property taxes, they are essentially working 3 to 4 months out of every year just to pay the state for the right to live and work here.

Here is my "Taxpayer Freedom" one-pager, using a typical Oregon family as the baseline.

The Scenario: A typical Oregon family (The Millers)

• Household Income: $75,000/year
• Home Value: $450,000 (Median Oregon Home)
• Annual Spending: $30,000 (Taxable goods & services)

In the current system, the state takes a cut before the Miller's even see their paycheck, and then invoices them annually for the home they are buying to "own."

Tax Type Annual Cost The "Forever" Factor State Income 

Tax (~8.75%) $5,200 

Every year you work. 

Property Tax (~0.83% effective) $3,735 Every year you live in your home.

TOTAL ANNUAL TAKING $8,935

$89,350 over 10 years.

The Reality: After 30 years of paying off their mortgage, the Millers will have paid over $112,000 in property taxes alone—and the bills will keep coming until the day they die.

Under the National Transactional Surcharge (NTS) formula, the Millers keep 100% of their paycheck. 

They only contribute when they choose to spend.

Tax Type Annual Cost The "Ownership" Factor State Income Tax $0 You keep your whole paycheck (!!!)

Property Tax $0 No annual bill. 

Once you buy it, you own it.

7% Transactional Surcharge $2,100

Based on $30k annual spending.

TOTAL ANNUAL CONTRIBUTION $2,100 ($21,000) over 10 years.

NET Estimate HOUSEHOLD GAIN: $6,835 EXTRA per year in the Millers' pocket.

1. Immediate Raise: Every Oregon worker gets an automatic 9% raise the day we end the income tax.
2. True Home Ownership: When the mortgage is paid, the house is yours. No more fear of seniors being taxed out of their "forever homes." A real fear. A real tragedy.
3. Capturing the "Rich Cats": Wealthy individuals who shield their income currently pay very little. $0 taxes paid on $15M+ using tax lawyers, CPA, shelters, you can't afford.

Under this plan, when they buy a $5M vacation home in Bend or a $100K luxury SUV, they pay a one-time 7% surcharge ($350k on that home alone). They can't hide their lifestyle from a transactional surcharge.

1. The Economic Engine: That $6,835 in extra "disposable income" for the Millers doesn't sit in a vault. They spend it at local restaurants, hardware stores, furniture stores, appliances m, flooring, and downtown shops—which generates more surcharge revenue for the state, funding schools [and roads] without "taxing" people's labor.

NOTE: When I end property taxes for Seniors who own their homes, they gain $300+ $490+ a month in disposable income. Imagine their monthly windfall. 

"As your Governor, I will veto any attempt to add a sales tax to our current system. We are not adding taxes; we are replacing a broken, taxing 'taking' system with a voluntary 'stewardship' system. You earned it, you should keep it. You and you alone decide when and where to spend your dollars — 

Steve William Laible, MBA