Old Rocks
Diamond Member
It now seems that the GOP, having egg all over their face in regard to the government shutdown over the ACA, want to change the subject.
So, let's address the debt. When in debt, you have two choices to get the money to pay the debt, increase your pay, or decrease your spending. Those who are wise do both.
Increase income. An additional 5% on all income over 1 million dollars. An additional 5% on dividend income. Any money that leaves the country for the 'tax havens' must have the full tax rate deducted, same as your income tax is deducted from your check, before it leaves the nation.
Decrease spending. Cut defense to the amount of the next 3 nations combined. Cut subsidies to the energy sector. Cut farm subsidies to corperate farms. Charge energy companies for what the nation spends to clean up their messes.
I am sure that there are many other programs that benefit those that are already wealthy that can be cut. Suggestions welcome.
So, let's address the debt. When in debt, you have two choices to get the money to pay the debt, increase your pay, or decrease your spending. Those who are wise do both.
Increase income. An additional 5% on all income over 1 million dollars. An additional 5% on dividend income. Any money that leaves the country for the 'tax havens' must have the full tax rate deducted, same as your income tax is deducted from your check, before it leaves the nation.
Decrease spending. Cut defense to the amount of the next 3 nations combined. Cut subsidies to the energy sector. Cut farm subsidies to corperate farms. Charge energy companies for what the nation spends to clean up their messes.
I am sure that there are many other programs that benefit those that are already wealthy that can be cut. Suggestions welcome.