Abolition of Income Tax and Usury Party | |
---|---|
![]() | |
Leader | Stephen Goodson |
Founded | 1994 |
Headquarters | Pringle Bay |
Ideology | Anti-Tax |
Slogan | Progress and Prosperity |
Website | |
www | |
The Abolition of Income Tax and Usury Party was a South African political party founded in 1994.
Objectives
[edit]Its principal objective was monetary reform, which it wished to achieve by the establishment of a state bank, which would issue all South Africans credit free of interest. This would, the party believed, enable the abolition of personal income tax, a reduction in value added tax (15%) and a substantial expansion of social upliftment programmes.
Commercial banks and private banks, which currently provide the nation's money supply at interest by means of fractional reserves, would become full reserve banks.[1] The party has, unsuccessfully, contested one national and three local government elections.
Election results
[edit]National elections
[edit]Election | Votes | % | Seats |
---|---|---|---|
1999 | 10,611 | 0.07 | 0 |
Stephen Goodson
[edit]The party's former leader, Stephen Goodson, who has since co-founded the Ubuntu Party, is a former director of the South African Reserve Bank (2003–12).[2] Goodson has stated that the Holocaust was “a huge lie” as "the principle is to extract enormous sums of money from the Germans as compensation", blaming international bankers. Goodson authored a book titled Bonaparte & Hitler Versus the International Bankers where he maintained World War II was provoked by the economic success of Germany, and he has also criticised the political actions of Jewish bankers which were posted on anti-Semitic websites.[3] As a result, the South African Israel Public Affairs Committee called for the Reserve Bank to fire him for his pro-Nazi statements.[4]
References
[edit]- ^ "Abolition of Income Tax and Usury Party". Archived from the original on 17 January 2012. Retrieved 13 April 2012.
- ^ "Welcome to the South African Reserve Bank - South African Reserve Bank". www.resbank.co.za.
- ^ "Calls to Oust Nazi Supporter from S. African Reserve Bank". Israel National News. 23 April 2012.
- ^ "HOME - Jewish Voice". Jewish Voice. Archived from the original on 28 March 2016. Retrieved 1 January 2013.
Well, that’s interesting to know that Psilotum nudum are known as whisk ferns. Psilotum nudum is the commoner species of the two. While the P. flaccidum is a rare species and is found in the tropical islands. Both the species are usually epiphytic in habit and grow upon tree ferns. These species may also be terrestrial and grow in humus or in the crevices of the rocks.
View the detailed Guide of Psilotum nudum: Detailed Study Of Psilotum Nudum (Whisk Fern), Classification, Anatomy, Reproduction