Posted: May 17, 2005 By: Jerry Waller

Subject: The APT Tax Proposal

Comment: I wish to comment on the proposed APT Tax Plan.

This plan is outlined at the following link: www.apttax.com

I feel this plan has the best potential to simplify, increase or match present revenues, and to solve the Social Security Problem.

And the compliance problem solved, saves billions on the amount spent each year by the IRS and Tax payers to simply comply with the complicated Income Tax Laws.

The APT TAX I believe would free up the economy, where our current income tax drags on us like a HUGE BOAT ANCHOR.

I support the end of the Income Tax and replacing the Income Tax with the .003 APT TAX.

Best regards,

Jerry Waller

This plan works like an SEC fee attached to electronic transactions in our monetary system.