My plan for a new America

Discussion in 'Economy' started by Smash_Hits, Apr 27, 2011.

  1. Smash_Hits
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    Smash_Hits STEELY DAN !

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    The other day, a thought occurred to me while I was working out. I was thinking about the dire situation our country is in, and how we could possibly fix it.

    Here is my solution to our money problems:


    1. Tax 50% of all income.
    2. For those below the poverty line, tax 10%.
    3. Have the government provide essentials, such as food, medicine, and educational expenses.

    This would only go on until we solved our deficit problem. Give me feedback on what I think is a viable idea for America currently.
     
  2. Mr. H.
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    Mr. H. Diamond Member

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    You're a goddamn genius.
     
  3. Smash_Hits
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    Smash_Hits STEELY DAN !

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    I totally know that.
     
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  4. Flopper
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    Flopper Gold Member

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    Just shit can the Bush tax cuts. Shut down the war in Iraq and Afghanistan. Up the retirement age for S.S. and Medicare benefits by 2 years and do a 1% across the board cut in all government spending and we can turn a deficit into a surplus by 2010.
     
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    Last edited: Apr 27, 2011
  5. Mr Liberty
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    Mr Liberty Hater of Socialism

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    Wow, The value of the dollar is being cut in half before our eyes and you want to reduce our buying power to 25% of what it is now?
    This is what happen today:
    US Dollar Index Future - Spot Price, DXY Index Quote - (NASDAQ) DXY, US Dollar Index Future - Spot Price Index Price
    This is what happen in the last year:
    DXY Index Charts - (NASDAQ) US Dollar Index Future - Spot Price Index Charts
    What caused this? It wasn't the rich nor the super rich. it was the federal reserve printing dollars. It was the Federal Government spending too much money. It was and still is the Marxist, like you trying to mix Socialism with Capitalism. It is like mixing oil and water, it does not work.
    Government spending has increased at an alarming rate. This spending is responsible for the wage gap. The middle class is about to disappear. We finance the government. We are the only ones who can. For almost twenty years its been straining our backs and they are about to break it.
    We need our businesses and factories back. Get rid of all the foolish regulations that discourage the creation of new businesses. These regulation cost a lot of money. Then it won't cost a billion dollars more to build a factory in America.
     
  6. matty
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    matty SUMbodyweedemOUT

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    Funny, silly, so that's a kind of reverse regressive tax, I see it all coming together; that's fucking brilliant.lol
     
  7. sparky
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    sparky VIP Member

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    It was and still is the Marxist, like you trying to mix Socialism with Capitalism

    Spot on Mr Liberty

    let wall street bail itself out then....
     
  8. editec
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    editec Mr. Forgot-it-All

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    INSTANT economic depression.


    Complete abandonment of all market forces that encourage productivity and keeping waste in check, too

    Ergo I'll be eating steak every night and probably throwing half it away. I'll feed my dog pate fois gras and my cat will sup on the finest fish provided to us by the government

    I think this would definitely NOT work.

    I think two weeks into this plan the USA would be in a state of anarchy or total fascism

    (In this case fascism would be the preferable outcome!)
     
  9. Flopper
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    Flopper Gold Member

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    I agree.

    We need to make changes, but they need to be prudent, smart, and balance. The Right seems so set on not returning to the tax structure of the 1990's, but were the 1990's really that bad? Our GDP grew 150%. unemployment averaged about 5.5%, and we finished the decade with a surplus. Taxes alone are not answer. We need cuts in spending but if we bring back sensible taxes, the cuts need not be that deep.
     
  10. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    How about we just stop spending so much money?
     

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