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News Link • CAFRs - Your Government's Wealth Shown

CP Candidate Using CAFR's to End Taxation as Nevada Governor in 2014

• nevadagovernor2014.com via Rense,com
Nevada Will End All Taxation Governor 2014 David Lory VanDerBeek   March 23, 2013 By
 
The sixth issue on my platform now states:
 
Replace and Phase Out All Taxation. Nevada will operate under the fiduciary trust management princple. Taxes are simply one revenue source for government. Governments have investment and enterprise income that now surpasses their tax revenues. Governments therefore are fully capable of being self-sustaining with taxation. Mining, gaming, and all businesses will no longer face the constant harassment by legislators to pick their pockets. Comprehensive Annual Financial Reports (CAFR) are our local governments’ statements of net worth built up over decades. Governments use CAFRs to list their assets as “advanced liability funds” to dupe the public into believing those investments should be maintained for a good purpose, but which actually serve as power-based holding funds for the government. In turn, the governments then claim that they are always operating at budget “shortfalls” in their operating funds so they claim they must raise your taxes. This is a convenient conspiracy of silence.
 
 

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