Increase Taxes to 100% untill the debt problem is solved.
It should only take 1 year.
You'd get an awful lot of angry creditors.
Not only that, but you'd get an awful lot of dead people.
Increase Taxes to 100% untill the debt problem is solved.
It should only take 1 year.
You'd get an awful lot of angry creditors.
Well, the cost could be offset by even partially privatizing the school system. I mean, if the private schools are spending more money on a student, that would mean that any property tax increase would not be as high as if more schools were state-run.
Of course, that plan is political suicide, given the stranglehold of teachers unions who keep incompetent teachers in sinecures (and believe me, they do exsist... one of my old teachers was the most incompetent employee of any government organization I have ever seen)
Catholic Schools also can't be considered to function economically, as they get funds from the Catholic Church.Private schools don't always spend more anyways. Their income comes from tution (often waived) and donations, instead of a tax base. Catholic schools are the ones who are most often on budget crunch.
Catholic Schools also can't be considered to function economically, as they get funds from the Catholic Church.
If you have a war, you are going to have military spending. If you don't want to spend money on military, don't go to war.
Way to support the troops in a time of war.As for the military reenlistment bonuses, freeze the increases and work to scale them back to eventually eliminate them.
Make boomers pick up their social security checks in Fallujah. Several problems solved at once.Now, time is running out. Whichever party has power, Congress must begin acting to meet the demands of the retiring baby boomers and fill the budget gap.
Do you have anything constructive to say or is this just your nature?Make boomers pick up their social security checks in Fallujah. Several problems solved at once.
Lockbox - which will never happen.Do you have anything constructive to say or is this just your nature?
I am a budget hawk. I can just look at that and cry. Interest on the national debt! If we could just get that damn thing lower we could slash taxes by 10%
Thank you and I agree.Lockbox - which will never happen.
The AMT is a big problem. I think enough people are getting hit by it to understand the issue and that the Dems, if the were willing to reform the AMT, could get away with not making the Bush tax policies permanent.Thank you and I agree.
What we may have to do, as much as it pains me, is consider scaling the Medicare and Social Security tax because I don't think Congress can adjust AMT quick enough without being a major disruption to the economy.
We need a complete overhaul of Medicare soon because that problem becomes exponential.
Congressional Budget Office said the tax in 2006 affected more than one-third of all taxpayers with annual incomes in the $50,000–100,000 range. That is up from less than 3 percent of such taxpayers in the 2000 tax year.The AMT is a big problem. I think enough people are getting hit by it to understand the issue and that the Dems, if the were willing to reform the AMT, could get away with not making the Bush tax policies permanent.
Lockbox - which will never happen.
I think this ought to cover it, 6% of the current budget to provide enough military, courts, and law enforcement to maintain order, and let the free market work on everything else. That would knock the current average income tax of 35% down to about 2.1%.
Ya, and what would be the incentive for a private company to maintain roads, build new ones, build & maintain libraries, schools, hospitals, fire stations, subways, canals, tunnels, harbours, sewage treatment plants, etc?
Their good will?