Judicial review
Gold Member
- Banned
- #21
If you want to pay off debt and balance the budget;
-Base Federal tax for corporations at 30% of revenue.
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.
-Companies with 400 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
-Remove the FICA limit.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.
-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.
-Make inversion illegal.
sounds too complicated. 1st rule of budgeting - Keep things simple and not cluttered. Another words abolish the IRS. That eliminates 90% of the above.