OnePercenter
Gold Member
- Apr 10, 2013
- 23,667
- 1,880
No one is claiming she can eliminate it. She can reduce it by cutting defense spending and closing corporate tax loopholes.The deficit isn't 20 trillion. The debt is.Hillary Clinton on the issues
All tried and failed.
No tariffs to diminish the profits gained by leaving America.
Job training but not forcing companies in any way whatever to hire Americans.
Raising taxes on the rich...so they'll leave the US even sooner.
Somebody please explain to me how all of a sudden Directors and CEOs are going to be MOVED by these programs to all of a sudden love Americans and make America prosper.
Facts. Doy!
I stand corrected.
It's been a LOOOOOOOOOONG day.
Now please explain how Hillary's plan will reduce or eliminate it.
Funny stuff ....
The DoD budget can't be cut any longer without further impacting the security of the nation. In fact, it needs to be increased.
Closing corporate tax loopholes? Seriously? You're talking about $180 billion annually - Corporate Tax Breaks Cost U.S. Government $180 Billion Per Year: GAO Report | Huffington Post
That isn't enough to buy toilet paper for the government. The national debt increases about $3 billion per day ---- that means, we can stop the bleeding for TWO WHOLE MONTHS! Then, we go right back to losing $3 billion a day.
You cannot - can NOT - decrease the debt by increasing the income. We passed that point about 6 years ago. Now, there is only ONE way to reduce the debt - decrease spending below income - use the extra money to pay against the debt.
It ain't rocket science -but you sure need to stop listening to those people who benefit from the deficit. Their empires are built on that debt.
We could use my plan and eliminate all 'Decit' in five years.
-Base Federal tax for corporations at 30% of revenue.
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2016 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.
-Companies with 600 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.
-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.
-Remove the FICA limit.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.
-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.
-Make inversion illegal.
My plan would reduce small business costs for employees and taxes to 30%. That's a 15%-30% drop.
My plan would put BILLIONS into the economy daily.
My plan would put the $100 trillion plus currently owned by corporate America back into the economy.
My plan would end all welfare.
My plan would significantly increase social security and pension payments.
My plan would hold prices for 10 years, thus eliminating inflation.