Originally posted by jsobecky
Well, you say "get the federal government out of everything". The you speak of nationalization of energy. Nationalization is a 4 letter word to me.
Then you speak of excise and corporate taxes - what's that all about?
It really sounds like Hugo Chavez-style socialism to me.
The fact is for this strong national defense that you want oh so bad that money has to come from somewhere plain and simple as that. I dont think the
individual should have to pay for it I think they should get to choose where that money is going that is why there would be NO income taxes. Boom
they are gone. So the question of the day is where do we get money then. Excise & other taxes bring in around $160 billion a year or so. Corporate
taxes bring in around $400 to $600 billion a year with income taxes bringing in the brunt of the money at around 1.1 trillion dollars. Social
Security and Medicare around 800 billion.
So when you cut out income taxes that leaves around $560 to $660 billion dollars. Now with the people keeping all that money they will spend that
money so in actuality the corporate tax receipts would be higher so lets say total income of $800 billion. The other 200 Billion would come from
income of nationalizing energy which like water should be nationalized. That would bring the total income to around 1 trillion dollars.(This of
course is leaving out medicare and social security in which I would push to the states to let them decide if they want those programs or not) Now
without that money going to wars we shouldnt be in and in countries that we shouldnt be in all that money would go to the best weapons and best
training. The F-22 would be crap with the money I would be putting into weaponry. We would have the best roads, dams, bridges, and mass transit.
People would get to choose where that money is spent because they keep it all. That is going to make business BOOM.
The fact is government HAS to play some role in our lives thats how it is even me the small government guy knows this. So we have to get income from
somewhere and I dont like that flat tax because that does not encourage people to spend to keep the economy booming it encourages saving which is not
a bad thing but I want a steady economic growth and if people are going to get taxed for buying things they wont buy things like fancy TVs and what
not.
So to sum it up individuals no taxes you get paid $600 a week you bring home $600 a week and you choose where to spend it. Government income comes
from corporations for the priveledge of doing business in a tax free well funded society and excises & tariffs & the nationalization of energy. So
what if a few oil execs arent going to get their hundreds of millions in pay Ill sacrifice them for the majority 300 million people to not have to pay
taxes at all. If you call this socialism them whew I guess I am a socialist then.
[edit on 6-7-2008 by mybigunit]