Ideas to help our nation's debt problem

[silverpig]

FYI: the McDonald's coffee lady was right to sue. Read the court case.

 

[Queasy]

Originally posted by: jagec

Originally posted by: JDub02
Step 1 - Take the tax code, individual and corporate, and burn it. Create a simple 1 page tax code --- 10% national sales tax. Now all income/savings are tax free. This encourages people to save, which is good. There are also no more loopholes.
Step 2 - Cut government spending completely to everything except for defense and infrastructure. Really big missiles and really smooth roads .. that's it. No more welfare, social security, medicare, medicaid, health care, etc. You don't want to work? There's the door to Canada.

I know that you're joking, but what's really depressing is that there are people out there who actually think that these are reasonable ideas which might actually work.

You can argue about whether or not a 10% national sales tax is workable or not but the fact is is that our tax code as currently formed is a horrible byzantine mess that only gets worse year after year. It is also uncompetitive in the global marketplace as the corporate rate is the second highest and we are the only country to tax income made overseas.

We need a new tax code that is fairer, more competitive in the global marketplace, that doesn't cater to special interests, is easier for taxpayers to understand and is easier to enforce.

 

[SunnyD]

Hookers & Blow.

 

[jagec]

Originally posted by: silverpig
FYI: the McDonald's coffee lady was right to sue. Read the court case.

I've heard all of the explanations and I still think that spilling coffee on yourself does NOT warrant millions of dollars. Maybe if it was delivered as superheated steam, but below boiling = no care.

 

[Aberforth]

Invest in stock market *



*-at your own risk.

 

[TechBoyJK]

it looks like california is in a position that if they don't legalize pot, they are going to collapse. It's the number1 cash crop and they aren't getting a dime/quarter from it (no pun intended) and it's clear that since it's the number1 cash crop, that cash is going somewhere, mostly to the local california black market AND/OR mexican drug cartels.

They have a war on their southern border that is partly funded by weed money. Take that away and it helps curb the war, then tax it, let non violent tax paying drug offenders out of jail, quit pushing offenders through the courts (money, time), quit having cops waste their time chasing pot, and BAM, california is back on track.

Only thing is though, it would still be illegal federally, so even if they did legalize it, DEA could still come confiscate that tax money. So Governator would need to tell Obama to back off, and let it be a state choice.