jc456
Diamond Member
- Dec 18, 2013
- 139,259
- 29,160
the budget comes from the House, tell em. they alt to.Social Security is in the black for the next 15 years and I wouldn't further steal any more dough from it but rather either fix or eliminate the program. The more time we have to do, the less impact it will have on people.
Reduce spending by 5% a year. In 9 years we'd eliminate a third of what we're spending today.
Eliminate all categories of income and call a spade a spade by defining it as money received minus the dough directly spent by the receiver to earn it. Have 5 tax brackets ranging from 5%. Eliminate all deductions and credits.
To help keep spending under control eliminate federal tax withholding. Raise all tax rates in accordance with any spending increase (especially in cases where another GW Bush wants to start a war).
Have debt amortization schedule of 100 years. In good times pay off debt faster, in bad (when tax income is less) slow up re-payment to put it back on schedule.
A 2¢ tax per each word a person rambles on in social media (including message boards) with special loophole eliminating the tax for those having the characters "2¢" anywhere within their personal id as of 8/13/2019.