Tag Archives: Tax

How to fix the debt. From my angle.

24 Sep

All you hear about is how Congress is in a stalemate. It’s gotten real bad the last 3 years. From the right all they want to do is make huge cuts or get rid of programs with small tax rates. Even if you get rid of programs the past debt is still sitting there. No thanks to Grover Norquist and the Tea Party, the taxes are very hard to raise to bring in revenue. The left wants to do some cuts , but maybe not enough and they want to raise taxes. Raising taxes is picking on the wealthy and punishing success if you are a republican.

The spending from both parties is so out of hand. It just sickens me to think how much they spend and borrow, and all they can do is blame the other person. All the while we as a nation are so financially weak, we could be punked by other nations. By then it will be too late and having all of those cars in your big garages will not matter.

If your house hold gets deep in debt for what ever reason, you trim costs and try to find more revenue ( either ask for more hours or get a second job). This is what Congress needs to do. Here is where my idea comes in.

To please the tea party and all of the Grover’s in this would, leave the Bush tax rates as they are. To please both parties just cut 3% of the spending on all programs but social security and maybe just 2% on military. Do not cut  more or get rid of any programs. Heck even cut 5% on government subsidies. Stop paying other countries money all together. Most of them hate us in the first place.

Now this is where we get more revenue to pay down the debt. Use a regressive consumer tax rate. Have a 3% tax on all non perishable goods sold in the U.S.A. if that item is $1,000 or less. If it’s $1,000.01 up to $10,000 make it 2% and anything over $10,000 charge 1%. Now the whole world will help this great country pay down our debt. If someone in Europe comes over here to visit and buys anything other than food, they helped pay down the debt. If something is ordered on the internet and they live outside America, they helped pay down the debt. If someone here works for cash, they to will help pay down the debt. If someone is unemployed , they will help pay down the debt when they go buy a nice outfit for their interview. Illegal immigrants will help pay down the debt when they spend cash on clothes or cars.

Try this on a 3 year trial to see if it works. If it does keep it going and if not, it’s better than what we have now ( which is nothing but arguing). Plus using a consumer tax also keeps the income tax down that so many folks on the right complain about. It also puts the whole world in play to help our problem.

If you want something to work, you will find a way no matter what it takes. If you want it to fail, you will find every excuse in the book and do nothing but blame others.

Advertisements

The 47 percent.

20 Sep

I probably am not the only person doing a blog about Mitt Romneys comments on the 47%. I am doing this blog for a few reasons. One I am one of the 47% and I am kind of upset that people think that because I make so little money that I am a lazy leach and I feel ” entitled” to get help ( I am not on food stamps or any government program and I qualify for a lot of them). Second I am going to try to articulate the hypocrisy of this 47% theory. I may not have the facts 100% correct, but I will try to be as accurate as I can ( the internet can have some silly numbers out there).

This is not the first time Mitt has said comments about the poor. He said something similar in an interview before.

Who are the 47% Mitt was talking about? Well they are not all democrats, some are even republicans who watch the news and believe they are the 1% because of who they vote for and stick up for the uber rich. They are independents who have been in the military and are on food stamps. They are the unemployed who are looking for a job ( some people think that their paycheck pays for someones unemployment, it’s the last company someone worked for that pays it). They are your grandparents on social security who have to decide between eating or getting their medicine. They are the working poor trying to better their lives ( that’s me). Heck Mitts dad back in the day was the 47% ( funny how Mitt has forgotten where his own dad came from). Anyone who is in the 47% no matter who you vote for should be offended for being put in a group that someone like Mitt feels it’s okay to degrade you for trying to EAT, get MEDICAL CARE, or LIVE IN A HOUSE.

So what if the 47% does not pay taxes ( I would love to be in a tax bracket that has me paying taxes, that means I’m making nice money). Is that what they republicans want? Then why is it a bad thing to not pay just because we fall in the lower-income bracket? Are we a nuisance? A throne in their side? A distraction to them while we walk down the street and they drive in their Bentley’s?

Why is it when poor need some help until they get on their feet, it’s called being lazy? Why is it called entitlements? Why are the 47% told to suck it up and sacrifice for AMERICA?

Do you know who else didn’t pay federal income taxes? Depending on where you get your information from anywhere from 4,000-7,000 millionaires didn’t pay. 24,000 people who made $500,000 didn’t pay. 14,000 people who made $100,000-$150,000 didn’t pay? Are they the 47% ? Are they the freeloaders Mitt was talking about? Is their 0% tax rate called an entitlement? When people defend these income brackets they call them “job creators”. Look at the employment, what jobs are they creating?

Also what about the over 200 companies that get government subsidies? Is that an entitlement? Or is it setting up a culture for hiring people? Look at the economy, It’s not working. A subsidy is for three reason only. Reason one ; to prevent the decline of that industry. Second ; to prevent the increase of the price of the product. Third; to have the companies hire workers. Question 1 ; are industries declining? Answer NO, most corporations are making record profits. Question 2; are the price of goods going down? Answer, NO look at your grocery bill, gas prices, clothes ect… Question 3; are corporations hiring? Answer, NO.

So why are these companies still getting government help? Are they the 47%? Why would anyone be outraged at the 47% and make excuses for the rich individuals who play the system to not pay taxes. Why would anyone not be outraged at these corporations taking advantage of the subsidies?

If anyone is on the government dole its the corporations addicted to subsidies and the folks in the income brackets I talked about before. If you are one of the wealthy who pays federal income taxes, then you are either honest or have an accountant who does not know how to cheat the system.

I praise people who play by the rules and have a comfortable lifestyle. I am not mad or upset at wealth per say. I am upset at the hypocrites who think poor are cheats and lazy, and the rich people and corporations play by the rules and make up excuses for them to cheat the system ( not all do that, but enough do).

All of this also proves to me that trickle down economics is an epic fail.

47% shirt on zazzle. http://www.zazzle.com/47_truther_tshirt-235778809036375668

PLEASE STOP AND THINK BEFORE YOU CONDEMN FOLKS WHO ARE NOT IN YOUR INCOME BRACKET.

INTEGRITY IS DOING THE RIGHT THING WHEN NO ONE IS LOOKING. Mitt I see your integrity, and it’s not good.

%d bloggers like this: