Proud of america, now the Johnsons won't have to sell there house because of complications in there pregnancy. Some things are worth a little national debt. Cut back on F-22 raptors, hold back the Mars plan and cut back on shit you don't need in the next few decades and US may be in the Black by about 2030.
Originally posted by Juk3nProud of america, now the Johnsons won't have to sell there house because of complications in there pregnancy. Some things are worth a little national debt. Cut back on F-22 raptors, hold back the Mars plan and cut back on shit you don't need in the next few decades and US may be in the Black by about 2030.
You have got to stop believing everything politicians and media outlets purport. Fact of the matter is, our national debt exceeds 12 trillion dollars. We have a trade deficit and zero savings (to make matters worse). Entitlement programs like Medicare, Medicaid and Social Security has a 50+ trillion dollar price tag! 50 trillion! And now... we've seemingly adopted another entitlement program: Universal Health Care. This is completely insane, and it only adds to our national debt. Since tax payer money can not account for all government spending (including entitlement programs), our government is forced to borrow money from foreign nations like China and Japan (amongst others) or print fiat money via the FED to cover expenses. This of course, inflates the US currency, since it's based on nothing (other than debt). Government spending is completely out of control, and Health Care reform ensures the demise of our country. And just to be clear, let me say this: not every American will be cover under the Obama plan. I you think different: read HR 3200. Again, stop believing everything politicians and media outlets purport. Be critical of your government. It depends on your stupidity and time watching "American Idol." Meanwhile, China - the true power house of the world - is calling for a new reserve currency beneath the surface, not to mention other nations with sound money. I say "beneath the surface," because... the media almost never reports such truth. Instead, it focuses on the false hope of a utopian environment promised by Health Care reform, coverage of President Obama shooting hoops at the White House or the first pitch. People... wake up! Please! The bill can still be re-pealed, but you need to educate yourself and start thinking logically, not emotionally. For a glimpse of what I'm talking about, please consider the videos below. God bless us all.
tm_slbLGwkU&feature=channel
Fn3X7-3YpkE&feature=related
Originally posted by ushomefree
[B]You have got to stop believing everything politicians and media outlets purport. Fact of the matter is, our national debt exceeds 12 trillion dollars. We have a trade deficit and zero savings (to make matters worse). Entitlement programs like Medicare, Medicaid and Social Security has a 50+ trillion dollar price tag! 50 trillion! And now... we've seemingly adopted another entitlement program: Universal Health Care. This is completely insane, and it only adds to our national debt. Since tax payer money can not account for all government spending (including entitlement programs), our government is forced to borrow money from foreign nations like China and Japan (amongst others) or print fiat money via the FED to cover expenses. This of course, inflates the US currency, since it's based on nothing (other than debt). Government spending is completely out of control, and Health Care reform ensures the demise of our country. And just to be clear, let me say this: not every American will be cover under the Obama plan. I you think different: read HR 3200. Again, stop believing everything politicians and media outlets purport. Be critical of your government. It depends on your stupidity and time watching "American Idol." Meanwhile, China - the true power house of the world - is calling for a new reserve currency beneath the surface, not to mention other nations with sound money. I say "beneath the surface," because... the media almost never reports such truth. Instead, it focuses on the false hope of a utopian environment promised by Health Care reform, coverage of President Obama shooting hoops at the White House or the first pitch. People... wake up! Please! The bill can still be re-pealed, but you need to educate yourself and start thinking logically, not emotionally. For a glimpse of what I'm talking about, please consider the videos below. God bless us all.
Simple fix. REAL, ENFORCED, PROGRESSIVE TAXATION. Tax the rich at a 70% income and 85% capital gains tax rate. Also, go after all the fortune 500 companies that haven't been paying taxes and take em for everything they owe...retroactively.
Originally posted by Darth Jello
Simple fix. REAL, ENFORCED, PROGRESSIVE TAXATION. Tax the rich at a 70% income and 85% capital gains tax rate. Also, go after all the fortune 500 companies that haven't been paying taxes and take em for everything they owe...retroactively.
Not that I necessarily disagree, but wouldn't that kill the Economy?
As well as scare off human capital?
Originally posted by AutokratNope, once again, EVERY case in a market economy has shown that taxes are directly related to wages so the economy would not "be killed". "Human capital" wouldn't suffer because higher wages mean more consumers, especially when inflation is driven by wages, not prices (classic, demand side, anti-reagan economics). As for enforcement, how about if you're an executive for a debtor corporation, you surrender your passport and any and all air and sea craft you own till the debt is repaid, and if you step within 500 feet of the ocean, Canada, Mexico, or an international airport, the nearest armed guard takes aim at your head and opens fire?
Not that I necessarily disagree, but wouldn't that kill the Economy?As well as scare off human capital?
Originally posted by Darth JelloSimple fix. REAL, ENFORCED, PROGRESSIVE TAXATION. Tax the rich at a 70% income and 85% capital gains tax rate. Also, go after all the fortune 500 companies that haven't been paying taxes and take em for everything they owe... retroactively.
The tax hikes that you recommend, would put (nearly) every American out of a job! An 85% capital gains tax? That makes zero sense. Sorry. What needs to happen is this: a flat tax, to include a reduction in government spending. This would reduce the government's need to leach off of Americans in the form of taxation, not to mention dependance on foreign nations and the FED for reserves. With reduced spending, our government can better balance our national debt, and Americans will have more of their hard earned money! Of course, our government is doing the complete opposite.
For the US government to provide Health Care for every American in our country, it is only possible through taxation, and/or borrowing funds via foreign countries and the FED - mostly printed money, since foreign banks are beginning to see our currency as a toxic asset and tax payer money does not fit the bill. Tax revenue equates to approximately 2 trillion dollars, and that money is already spent! Do the math. How can you not talk about taxes?! Nothing is free in this world, dude. If my calculator works as well as yours, this means we - as a nation - are flat broke! And this does not equate to savings - only more debt. We've got a 12+ trillion dollar national debt, 50+ trillion in entitlement programs and a trade deficit. Health Care reform is guaranteed to raise taxes (since our government lacks a balanced budget). Duh! If also guarantees lesser quality of life. If you think things are bad now, wait until 2014! What then? More government regulation? More entitlement programs, ha ha?! Who's going to lend us the money when we having zero means to pay it back or have next to zero collateral? Answer: no one. And so... we'll just print more money via the FED to cover our debt (further devaluating our currency in the process). It blows my mind how people think the US is somehow impervious to international market principles, not to mention history. Good job!
Originally posted by ushomefree
The tax hikes that you recommend, would put (nearly) every American out of a job! An 85% capital gains tax? That makes zero sense. Sorry. What needs to happen is this: a flat tax, to include a reduction in government spending. This would reduce the government's need to leach off of Americans in the form of taxation, not to mention dependance on foreign nations and the FED for reserves. With reduced spending, our government can better balance our national debt, and Americans will have more of their hard earned money! Of course, our government is doing the complete opposite.
No, that is called a corporate tax. A capital gains tax is a tax on gains from unused assets purchased at lower prices. It hurts people who do nothing but trade stocks/real estate/ etc... It does not apply to income from business. I wonder why you're arguing this when you clearly do not understand how the present system works nor what DJ was proposing.