Quote:
Originally Posted by peterk
maybe the poor should work a little more?
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Agree 100%. Stop big businesses outsourcing to the third world, 10% import tax on non essential goods like food and oil. Take more from the rich, put it into projects with jobs suitable for the poor and problem solved.
Your cost of living goes up, but you solved the problem and in time it will bring down the deficit.
Quote:
Originally Posted by Minte
No. That is not acceptable. The deficit will only be brought down when the government stops spending like a drunken sailor on shore leave. The wealthy could pay 1/2 of what they earn and it won't even make a down payment on a $16 Trillion dollar debt.
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And do what with the money?
Quote:
Originally Posted by tony286
a big big part of gov spending is military you want them to pull out of everywhere,stop all that spending? I was curious does your factory have gov contracts?
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A big part of Government spending is employing people, 97% of cuts will result in lost jobs.
Quote:
Originally Posted by Minte
I didn't say pull out of everywhere. I said cut the waste. Reduce every government expense to the point where it's income at least equals the payables.
We have done some direct contracts with the US government. However, our largest government contract in 2011 was with the federal government of Vietnam.
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And here you see where some of it went. Minte can you tell us where the waste is exactly. What do you produce?
Quote:
Originally Posted by Relentless
Implement a small flat income tax and a national sales tax. Exclude basic staples like diapers, milk and heating oil from sales tax. Give everyone the same 'cost of living exemption' from income tax. No other loopholes or deductions. Revenue side of the equation solved.
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Good thinking. Exempt basic goods, foods and add it to sales tax like how VAT works in Europe. Slap 10% on top of gas guzzling cars, yachts, exec jets, designer clothes. etc.
The problem with you guys is you see all the Government does as free without realising it has to be paid for. So what if a few less of you can fly down to Cancoun and spend your money or buy a Merc. And a few people lose their jobs.
I'll bet some of you still think the "Trickle Down" effects works.
