(02-01-2010 12:43 PM)Fo Shizzle Wrote:  

(02-01-2010 11:44 AM)NIU007 Wrote:  

(01-29-2010 05:29 PM)Fo Shizzle Wrote:  I am not a smart person...but...I would only make ONE policy change...then...let it play out. Eliminate ALL corporate income taxes.

I believe it would set in motion a series of things that would transform America BACK to its former greatness...The HUB of industry,business and technology on this planet.

If you want to reduce debt and deficits....You MUST either reduce spending(which we KNOW is not going to happen)..or..create more wealth though additional taxpayers and higher incomes. A booming economy results in LOTS of stolen revenue for the governmental apparatus.

Let the marketplace solve the problems government created...It is fully capable of doing so if left alone to do its job.

I think that would lead to another boom period, at best, with an even larger deficit, since you would have lost lots of tax revenue. And then the balloon would burst and it would be even worse than usual. Spending cuts need to happen first. The fact is that people got used to a certain standard of living and it isn't sustainable. We're just regressing to the mean.

I fully agree that spending must decrease....I just know it is NOT going to happen. Neither gang is willing to give up their agendas and the VOTES that they buy in supporting them. When the Red gang cuts military spending...and...the Blue gang cuts entitlements...then I will know that the thieves in Washington are serious about saving America from demise.

Yeah, I know, stop bursting my bubble. There was about 1.5 nanoseconds where I thought, "they should cut spending".

Oh well. This is why I think everything should be cut (including defense, and everthing else) by a small percentage. Then nobody can complain they're getting the short end of the stick.

(02-01-2010 01:49 PM)NIU007 Wrote:  Oh well. This is why I think everything should be cut (including defense, and everthing else) by a small percentage. Then nobody can complain they're getting the short end of the stick.

Oh they'll still complain.


New York Times, June 1st, 2010
"Historic Spending Decreases Signed Into Law. Women, Minorities Hardest Hit."

(02-01-2010 04:14 PM)Lord Stanley Wrote:  

(02-01-2010 01:49 PM)NIU007 Wrote:  Oh well. This is why I think everything should be cut (including defense, and everthing else) by a small percentage. Then nobody can complain they're getting the short end of the stick.

Oh they'll still complain.


New York Times, June 1st, 2010
"Historic Spending Decreases Signed Into Law. Women, Minorities Hardest Hit."

They'll still complain. But they won't have a very good argument.

(02-01-2010 01:49 PM)NIU007 Wrote:  

(02-01-2010 12:43 PM)Fo Shizzle Wrote:  

(02-01-2010 11:44 AM)NIU007 Wrote:  

(01-29-2010 05:29 PM)Fo Shizzle Wrote:  I am not a smart person...but...I would only make ONE policy change...then...let it play out. Eliminate ALL corporate income taxes.

I believe it would set in motion a series of things that would transform America BACK to its former greatness...The HUB of industry,business and technology on this planet.

If you want to reduce debt and deficits....You MUST either reduce spending(which we KNOW is not going to happen)..or..create more wealth though additional taxpayers and higher incomes. A booming economy results in LOTS of stolen revenue for the governmental apparatus.

Let the marketplace solve the problems government created...It is fully capable of doing so if left alone to do its job.

I think that would lead to another boom period, at best, with an even larger deficit, since you would have lost lots of tax revenue. And then the balloon would burst and it would be even worse than usual. Spending cuts need to happen first. The fact is that people got used to a certain standard of living and it isn't sustainable. We're just regressing to the mean.

I fully agree that spending must decrease....I just know it is NOT going to happen. Neither gang is willing to give up their agendas and the VOTES that they buy in supporting them. When the Red gang cuts military spending...and...the Blue gang cuts entitlements...then I will know that the thieves in Washington are serious about saving America from demise.

Yeah, I know, stop bursting my bubble. There was about 1.5 nanoseconds where I thought, "they should cut spending".

Oh well. This is why I think everything should be cut (including defense, and everthing else) by a small percentage. Then nobody can complain they're getting the short end of the stick.

There is of course.... a way to MAKE them cut spending. Stop letting them steal from us. Refuse to pay the gangs. Yes...It would require many of us to face a cold cell...but...MASS refusal would END their power. They simply could not lock up all of us.

Not even I am ready at this point to take that step...but...I fear it will be the ONLY way to eventually STOP them. They have us by the throat and are NOT going to let go without a fight.

The implementation of "withholding" from our paychecks (that Americans supported under Truman) was the DEATHBLOW to EVER being able to stage a tax rebellion again. It was the beginning of the END of our financial freedoms. We are truly F'd.