Ron Paul Liberty Report - Weekly Update --- New Tax Plan Makes It Easier to 'Ed-exit'
Aired: 2018-09-24
Duration: 04:09


=== New Tax Plan for Homeschooling (04:03) ===

[00:00:06]  Hello everybody and thank you for tuning into the weekly report.
[00:00:11]  New tax plan makes it easier to add exit.
[00:00:16]  This week the House of Representatives will vote on a package of bills making the temporary tax cuts contained in last year's tax reform bill permanent and making additional tax law changes.
[00:00:30]  The bills will likely pass in the House but will almost certainly be filibustered in the Senate if the Senate leadership tries to bring them to the floor.
[00:00:40]  The GEOP tax plan does offset some of the damage caused by federal control of education by making it easier for parents to escape failing government schools or ED exit.
[00:00:53]  It accomplishes this by allowing money saved in a tax-free 529 education savings account to be used for homeschooling expenses.
[00:01:04]  This provision will help homeschooling families and inspire more families to consider homeschooling.
[00:01:11]  Homeschooling parents must not only pay for all their children's education expenses, they also must subsidize government schools via property taxes and other taxes.
[00:01:25]  A commitment to homeschooling may also require a parent to limit or even forego outside employment.
[00:01:33]  Despite the financial costs, more families are choosing to homeschool.
[00:01:38]  This is due to increasing dissatisfaction with government schools, greater public acceptance of homeschooling, and the availability of quality online schooling programs such as my Ron Paul curriculum.
[00:01:55]  My curriculum provides students with a well-rounded education, including rigorous programs in history, mathematics, and physical and natural sciences.
[00:02:08]  The curriculum also provides instruction in personal finance.
[00:02:12]  Students can develop superior oral and verbal communication skills via intensive writing and public speaking courses.
[00:02:21]  Students also get the opportunity to create and run their own internet businesses.
[00:02:28]  The government and history sections emphasize Austrian economics, libertarian political theory, and the history of liberty.
[00:02:36]  However, unlike government schools, my curriculum never puts ideology indoctrination ahead of education.
[00:02:45]  Unlike government schools and even many private schools, my curriculum addresses the crucial role religion played in the development of Western civilization.
[00:02:56]  However, the materials are drafted in such a way that parents of any or no religious beliefs can feel comfortable using this curriculum.
[00:03:08]  Interactive forums allow students to engage with and learn from each other.
[00:03:12]  The forums ensure students are actively engaged in their education as well as give them an opportunity to interact with their peers outside of a formal setting.
[00:03:25]  The latest Republican tax plan has laudable features such as allowing the use of tax-free education savings accounts for homeschooling.
[00:03:34]  However, as long as Congress refuses to offset tax cuts with spending cuts, the benefits of tax cuts will be limited and short-lived.
[00:03:44]  Therefore, while all lovers of liberty should support any and all tax cuts, we must work to pressure Congress to cut spending.
[00:03:53]  Bringing the troops home and shutting down the Department of Education are two good places to start.
[00:04:01]  Parents interested in my homeschooling curriculum can find out more about it at ronpaulcurriculum.com.