NESARA implements the following changes:
1. Zeros out all credit card, mortgage, and other bank debt due to illegal banking and government activities. This is the Federal Reserve's worst nightmare, a "jubilee" or a forgiveness of debt.
2. Abolishes the income tax.
3. Abolishes the IRS. Employees of the IRS will be transferred into the US Treasury national sales tax area.
4. Creates a 14% flat rate non-essential new items only sales tax revenue for the government. In other words, food and medicine will not be taxed; nor will used items such as old homes.
5. Increases benefits to senior citizens.
6. Returns Constitutional Law to all courts and legal matters.
7. Reinstates the original Title of Nobility amendment.
8. Establishes new Presidential and Congressional elections within 120 days after NESARA's announcement. The interim government will cancel all National Emergencies and return us back to constitutional law.
9. Monitors elections and prevents illegal election activities of special interest groups.
10. Creates a new U.S. Treasury rainbow currency backed by gold, silver, and platinum precious metals, ending the bankruptcy of the United States initiated by Franklin Roosevelt in 1933.
11. Forbids the sale of American birth certificate records as chattel property bonds by the US Department of Transportation.
12. Initiates new U.S. Treasury Bank System in alignment with Constitutional Law
13. Eliminates the Federal Reserve System. During the transition period the Federal Reserve will be allowed to operate side by side of the U.S. treasury for one year in order to remove all Federal Reserve notes from the money supply.
14. Restores financial privacy.