Document:National Platform 1984: Difference between revisions
Document:National Platform 1984 (view source)
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a, drastic reduction of both taxes and government spending; | a, drastic reduction of both taxes and government spending; | ||
b. an end to deficit budgets | b. an end to deficit budgets; | ||
c. a halt to inflationary monetary policies | c. a halt to inflationary monetary policies; | ||
d, the removal of all governmental impediments to free trade | d, the removal of all governmental impediments to free trade; and | ||
e. the repeal of all controls on wages, prices, rents, profits, production, and interest rates. | e. the repeal of all controls on wages, prices, rents, profits, production, and interest rates. | ||
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Since we believe that all persons are entitled to keep the fruits of their labor. we oppose all government activity that consists of the forcible collection of money or goods from individuals in violation of their individual rights. Specifically, we: | Since we believe that all persons are entitled to keep the fruits of their labor. we oppose all government activity that consists of the forcible collection of money or goods from individuals in violation of their individual rights. Specifically, we: | ||
a. recognize the right of any individual to challenge the payment of taxes on moral, religious, legal, or constitutional grounds; | |||
b. oppose all personal and corporate income taxation, including capital gains taxes; | |||
c. support repeal of the Sixteenth Amendment, and oppose any increase in existing tax rates and the imposition of any new taxes; | |||
d. support the eventual repeal of all taxation; and | |||
e. support a declaration of unconditional amnesty for all those who have been convicted of, or who now stand accused of, tax resistance. | |||
As an interim measure, all criminal and civil sanctions against tax evasion should be terminated immediately. | |||
We oppose as involuntary servitude any legal requirements forcing employers or business owners to serve as tax collectors for federal, state, or local tax agencies. | |||
In the current ï¬scal crisis of states and localities, default is preferable to raising taxes or perpetual reï¬nancing of growing public debt. | |||
==3. INFLATION AND DEPRESSION== | |||
We recognize that government control over money and banking is the primary cause of inflation and depression Individuals engaged in voluntary exchange should be free to use as money any mutually agreeable commodity or item, such as gold coins denominated by units of weight. We therefore call for the repeal of all legal tender laws and of all compulsory governmental units of account. We support the right to private ownership of and contracts for gold. We favor the elimination of all got-eminent fiat money and all government minted coins. All restrictions upon the private minting of coins should be abolished so that minting will be open to the competition of the free market. | |||
We favor free-market banking. We call for the abolition of the Federal Reserve System. Federal Deposit Insurance Corporation, the National Banking System, and all similar national and state interventions affecting banking and credit. Our opposition encompasses all controls on the rate of interest. We also call for the abolition of the Federal Home Loan Bank System, the Federal Savings and Loan Insurance Corporation, the National Credit Union Administration, the National Credit Union Central Liquidity Facility, and all similar national and state interventions affecting savings and loan associations, credit unions, and other depository institutions. There should be unrestricted competition among banks and depository institutions of all types. | |||
To complete the separation of bank and State, we favor the Jacksonian independent treasury system, in which all government funds are held by the government itself and not deposited in any private banks. The only further necessary check upon monetary inflation is the consistent application of the general protection against fraud to the minting and banking industries. | |||
Pending its abolition, the Federal Reserve System, in order to halt rampant inflation, must immediately cease its expansion of the quantity of money. As interim measures, we further support: | |||
a. the lifting of all restrictions on branch banking; | |||
b. the repeal of all state usury laws; | |||
c. the removal of all remaining restrictions on the interest paid for deposits; | |||
d. the elimination of margin requirement on stock purchases; | |||
e. the revocation of all other selective credit controls; | |||
f. the abolition of Federal Reserve control over the reserves of non-member banks and of other depository institutions; and | |||
g. the lifting of the prohibition on domestic deposits denominated in foreign currencies. | |||
==4. BALANCED BUDGETS== | |||
We support the drive for a constitutional amendment requiring the national government to balance its budget, and also support similar amendments to require balanced state budgets. To be effective, a balanced budget amendment should provide: | |||
a. that neither Congress nor the President is permitted to override this requirement; | |||
b. that all "off-budget funds“ are included in the budget; | |||
c. that the budget is balanced exclusively by cutting expenditures and not by raising taxes; and | |||
d. that no exception is made for periods of national emergency. | |||
==5. MONOPOLIES== | |||
We condemn all coercive monopolies. We recognize that government is the source of monopoly. through its grants of legal privilege to special interests in the economy. In order to abolish monopolies, we advocate a strict separation of business and State. | |||
moans—m | |||