posted on Feb, 6 2009 @ 02:43 AM
I like the idea but its being flung back and forth for decades, and the fact none of the elected conservate presidents have not implemented this only
tells me theres never a longterm will power. This idea had a chance to be implemented during Reagan, Bush snr, this Bush, Nixon, and on all fronts its
been put down. In addition inorder for this bill to be implemented a number of steps will have to be taken:
1)The state of the economy now, the debt we're in, we cannot implement something like this until we stablize the economy to the way it was during the
90s etc. Considering this crap to the economy happened under a republican administration, with their $200 million a day war, blindly supported by most
folks here on ATS a afew democrats at the time, something like this will not possible be put forward until this mess fixed.
2)There will need to be a time period to which the IRS will have to be abolished, 3 years atleast. This and the fact about 190,000 employees will have
to be re-employed somewhere else. With the economy in this state we will have to wait a decade or so to get it to 90s economic levels to implement
this system. It would take atleast a decade for this system to be implemented.
3)All those folks who are pushing for this bill, the vast majority of them supported the wild spending of the last government, so I find it
hypocritical and a slight but disturbed that these folks are happily parading this bill around, yet they made it less possible with years of support
for the mishandling of the economy and $200 million a day wars.
Iv read up on these idea afew times, I am skeptical to the fact that such neccessities as bread, milk, the no income tax will pay off for such
products folks are in need of. But luxuries will be a different story, it will take a much longer time to get that plasma you've always wanted or
that viechle because your too busy trying to balance the cost of the necessities. Even under a good economic state for this system to grow the retail
industry will loose out somewhat (not sure howmuch) by the time period in which such luxuries will be spent. Not to mention some cut backs on military
(which I support) and public projects such as roads will have to be taken.
Im reading more up on the idea, and im trying to keep an open mind to it, but as expressed above, there are obvious concerns about the idea thats not
getting me fully into it.