• 27:05 - 31:50
THC 33: Judge Jim Gray | Libertarian Nominee for Vice President 2012
Sixteenth Amendment, Retail Consumption Tax and H&R Block
Judge Jim Gray proposes repealing the 16th Amendment and replacing the federal income tax with a retail consumption tax. He argues this would eliminate the competitive disadvantage for American exports and encourage companies like Nike to bring manufacturing back to the U.S. To protect the poor, the plan includes a monthly "pre-date" or rebate check to cover taxes on basic necessities.