have no country. The mere spot they
stand on does not constitute so strong an attachment
as that from which they draw their gains."
- Thomas Jefferson, 1814
Reasoning: If the U.S. producer, receiver, or distributor of the item wants to recover any of their cost relating
to foreign operating, or obtaining expenses, they must include those values in the value of the item and may not write them
off separately on their Taxes as allowable business operating expense - except as outlined.
States’ Federal Tax System is allowing Hundreds of Billions of Dollars annually in business write-offs to Corporation,
and others, for their foreign activities as if they were operating in America.
It has been said,
“Any man can count the number of seeds in an apple – but only God can count the number of apples in a seed”;
those Hundreds of Billions over time are most likely our reason for our Trillions in debt and high under-employment.
This proposal is only a restructuring of U.S. Federal Tax Laws and does not impose any kind of restrictions, or fees,
on the importing of any foreign made products.
What it is doing, is applying the cost
of foreign business expenses to the product or service itself – where it belongs; also this Law it is an internal United
States Law effecting U.S. Companies and Businesses only - and not subject to International debate.
there will be some cost increases on some items for the consumer, but with the Business Community having to reflect the true
cost of the foreign made items on the items, the U.S. economy will find many American Made items more competitive and many
will cost less - with millions more Americans making them.
If you support this change in Tax Law - contact your
elected officials and let them know that it is your will.
While this is a Copy-Righted © proposal it may be freely copied and displayed in any media
for its intended purpose “Petitioning the Government”, however, it may never be separately sold, altered, or attached to other efforts.
“We have always known that heedless self interest was bad morals,
we now know that it is bad economics.” ― Franklin D. Roosevelt
Application Example and Allowances:
A U.S. Company is having a number of items made overseas – they have a person
from the U.S. that flies over there to over-see its production - the items are (figuratively) A – B- C – D:
A – Is costing them $1 each to
have it made – now they must calculate what percentage (%) of their employee’s time is spent involved with the
production of A and what percentages (%) of the expenses of having their employee there – travel, lodging, food, wages,
etc... are part of the cost of making A.
The time involved with B – C – or D - if from the
same provider and location of manufacturing, would divide the amounts added for tax consideration between them based upon
time involvement of each item.
Note: These calculations are not something
out of the ordinary as any major manufacturing has to know, and knows’ how much each part cost them and how much time
it takes to make it in terms of material and wages paid to someone to make it – all has to be calculated in it’s
end cost and reflect its final value.
If B – C – or D – are from a different provider
and different items, and that same representative was to cover them, any calculation would be the same as before; with the
total cost to the Company that the representative is from divided by the percentage (%) of value of the time spent with the
involvement of each item. All amounts would be divided from the total of the whole of cost of activities in the foreign country.
All amounts would be applied according to this new Amended Internal Revenue Service Tax Laws. Note: The amounts affected
are only those relating to activities outside of the United States - activates relating within the United States, are treated
as normal, e.g., transportation, distributions, etc....
Note: I am sure some may think this is a
non-workable process; if it is for anyone - they can always try Made in the U.S.A. - if they want old-fashion U.S.A. - I.R.S.
“The royalist of the economic order have conceded that political freedom was the business of the Government, but
they have maintained that economic slavery was nobody’s business.” President
- Franklin D. Roosevelt
Something Old - Nothing New
“We have lived to witness one of
the most extraordinary paradoxes that have ever puzzled the world: General poverty produced by universal plenty!
The earth has been sick of a plethora, and her bowels have burst with their abundance, and yet distress and want were,
never so universal.”
Hannah More – Village Politics - 1793
“More die in the United States of too much food than of too little”
― John Kenneth Galbraith
“Don’t write so that you can
be understood, write so you can’t be misunderstood.”
-William Howard Taft
To all Foreign Friends and Allies of other Democratic countries - I am sure that this proposal will
appear as a negative to your own economies, but – once this has become Law, another proposal will mushroom your economies
as well as that of the United States to a more sustainable and positive future .
There has to be a starting point to eliminate the negative reality
that exist today and has existed for hundreds of year as was noted by Hannah More in 1793.
While not meaning to diminish any other’s counties value
to the world, but for what ever reason the Heavens have put the U. S. in a position to be the starting point of a better world
for us all.
But, the future goal we must all agree upon is NEED and
not greed. My Prayer is - I pray that the Citizens of the United States have the courage to take the lead.