We in the Republican Party of Texas believe in the principles of constitutionally limited government based on Federalist principles. To this end we encourage our elected officials at all levels of government to work to reverse the current trend of expanding government and the growing tax and debt burdens this places on we the people. We believe the most equitable system of taxation is one based on consumption and wish to see reforms towards that end at all levels of government Furthermore, we believe that the borrower truly is a slave to the lender, and so long as we continue to increase our tax and debt burdens we will never be a truly free people. Towards these ends, we support the reformation of the current systems of taxation at all levels of government: federal, state, and local. Examples of these reforms include the following:
- Eliminating the Internal Revenue Service (IRS)
- The “Fair Tax†system
- A Flat Tax
- The 1-2-3 No Federal Tax
- Abolishing property taxes, but in the interim, property taxes should be paid on the price of the property when it was initially purchased.
- Electing appraisal boards
- Exempting inventories from property taxes
- Abolishing estate taxes or the “Death Tax†as it’s more commonly known
- Abolishing capital gains taxes
- Abolishing franchise and business income taxes
- Abolishing the gift tax.
- Discontinuing revenue generating licensing fee