The National Debt (USA)

[Californian Mod Haters]

Now for my opinion:

I'd first cut almost all spending to the military. After that I'd set up a simplified tax code summed up by the following:

There'd be a base income tax of 5% with 5% more per every $100,000 you've got until you reached $900,000. You'd also be taxed 1% more for every $1,000,000,000 you have until you reach $5,000,000,000. Corporate taxes would work under the same system as well since corporations are legal persons. Sales taxes would be raised to 40%. The saving tax would be eliminated. Business taxes would be 5%. All taxes would be handled by the IRS.

How do you like my idea?

I wouldnt put a cap on how high it goes, and I think that Sales tax goes a bit high...I probably wouldnt bother with eliminating, or lowering any current taxes, personally...

I like there to be a high savings rate and the cap needs to be there because we don't want to tax unreasonably.

[Maurepas]

Bomb whoever mentions it.

Thatd leave some people alive that may question it...napalm any area that thinks it,

[Maurepas]

Now for my opinion:

I'd first cut almost all spending to the military. After that I'd set up a simplified tax code summed up by the following:

There'd be a base income tax of 5% with 5% more per every $100,000 you've got until you reached $900,000. You'd also be taxed 1% more for every $1,000,000,000 you have until you reach $5,000,000,000. Corporate taxes would work under the same system as well since corporations are legal persons. Sales taxes would be raised to 40%. The saving tax would be eliminated. Business taxes would be 5%. All taxes would be handled by the IRS.

How do you like my idea?

I wouldnt put a cap on how high it goes, and I think that Sales tax goes a bit high...I probably wouldnt bother with eliminating, or lowering any current taxes, personally...

I like there to be a high savings rate and the cap needs to be there because we don't want to tax unreasonably.

Meh, you get that high up and anything short of 60% isnt exactly unreasonable I think...Crazy to try, but not unreasonable...

[Californian Mod Haters]

Now for my opinion:

I'd first cut almost all spending to the military. After that I'd set up a simplified tax code summed up by the following:

There'd be a base income tax of 5% with 5% more per every $100,000 you've got until you reached $900,000. You'd also be taxed 1% more for every $1,000,000,000 you have until you reach $5,000,000,000. Corporate taxes would work under the same system as well since corporations are legal persons. Sales taxes would be raised to 40%. The saving tax would be eliminated. Business taxes would be 5%. All taxes would be handled by the IRS.

How do you like my idea?

I wouldnt put a cap on how high it goes, and I think that Sales tax goes a bit high...I probably wouldnt bother with eliminating, or lowering any current taxes, personally...

I like there to be a high savings rate and the cap needs to be there because we don't want to tax unreasonably.

Meh, you get that high up and anything short of 60% isnt exactly unreasonable I think...Crazy to try, but not unreasonable...

If we didn't cap it then some corporations would pay more then 60%.

[Lackadaisical2]

Now for my opinion:

I'd first cut almost all spending to the military. After that I'd set up a simplified tax code summed up by the following:

There'd be a base income tax of 5% with 5% more per every $100,000 you've got until you reached $900,000. You'd also be taxed 1% more for every $1,000,000,000 you have until you reach $5,000,000,000. Corporate taxes would work under the same system as well since corporations are legal persons. Sales taxes would be raised to 40%. The saving tax would be eliminated. Business taxes would be 5%. All taxes would be handled by the IRS.

How do you like my idea?

I wouldnt put a cap on how high it goes, and I think that Sales tax goes a bit high...I probably wouldnt bother with eliminating, or lowering any current taxes, personally...

I like there to be a high savings rate and the cap needs to be there because we don't want to tax unreasonably.

Meh, you get that high up and anything short of 60% isnt exactly unreasonable I think...Crazy to try, but not unreasonable...

If we didn't cap it then some corporations would pay more then 60%.

The sales tax thing is ridiculous. Seriously? 40% huh? You realize thats extremely regressive.

[Maurepas]

If we didn't cap it then some corporations would pay more then 60%.

I really meant it in terms of Personal Income, I could see exceptions being made for businesses, however, Id think few businesses should really get that big, tbqh, cause then you end up with the "too big to fail" problem...

But, for personal income, that still leaves you with well over a Billion dollars, honestly, that alone is too much for one person...

[Californian Mod Haters]

If we didn't cap it then some corporations would pay more then 60%.

I really meant it in terms of Personal Income, I could see exceptions being made for businesses, however, Id think few businesses should really get that big, tbqh, cause then you end up with the "too big to fail" problem...

Wal-Mart
BP
Exxon Mobil
Royal Dutch Shell
Chevron
Conoco Phillips
General Motors
Ford
Chrysler
Toyota
Honda

This is just a fraction of companies that are "that big".

[Chrobalta]

-Military would be cut by 30%
-Both Iraq and Afghanistan wars would be ended immediately
-All aid to foreign military would be ended immediately
-All overseas bases would be closed immediately
-Bush tax cuts repealed
-Taxes on wealthy increased to 43%
-Simplified progressive tax code
-Higher SS taxes on rich
-Reform welfare
-Foreign aid to every country would be ended immediately, too much of it ends up in a dictators Swiss bank account rather than in the hands of the people
-Raise payroll tax on wealthy
-Raise estate and gift taxes

You can thank me later for saving the US, I am going to be busy for the next few hours fighting off a Martian invasion of the Jovian moons.

[Maurepas]

If we didn't cap it then some corporations would pay more then 60%.

I really meant it in terms of Personal Income, I could see exceptions being made for businesses, however, Id think few businesses should really get that big, tbqh, cause then you end up with the "too big to fail" problem...

Wal-Mart
BP
Exxon Mobil
Royal Dutch Shell
Chevron
Conoco Phillips
General Motors
Ford
Chrysler
Toyota
Honda

This is just a fraction of companies that are "that big".

Well, a few of those arent US companies, the rest, Im not seeing the problem here...

[Californian Mod Haters]

If we didn't cap it then some corporations would pay more then 60%.

I really meant it in terms of Personal Income, I could see exceptions being made for businesses, however, Id think few businesses should really get that big, tbqh, cause then you end up with the "too big to fail" problem...

Wal-Mart
BP
Exxon Mobil
Royal Dutch Shell
Chevron
Conoco Phillips
General Motors
Ford
Chrysler
Toyota
Honda

This is just a fraction of companies that are "that big".

Well, a few of those arent US companies, the rest, Im not seeing the problem here...

You said that "few businesses really should get that big".

[Maurepas]

If we didn't cap it then some corporations would pay more then 60%.

I really meant it in terms of Personal Income, I could see exceptions being made for businesses, however, Id think few businesses should really get that big, tbqh, cause then you end up with the "too big to fail" problem...

Wal-Mart
BP
Exxon Mobil
Royal Dutch Shell
Chevron
Conoco Phillips
General Motors
Ford
Chrysler
Toyota
Honda

This is just a fraction of companies that are "that big".

Well, a few of those arent US companies, the rest, Im not seeing the problem here...

You said that "few businesses really should get that big".

And I meant it, I said that few should, not that many dont, there's a difference...

I think the majority of businesses that large should be broken up into smaller entities like AT&T and Standard Oil were...

[Californian Mod Haters]

If we didn't cap it then some corporations would pay more then 60%.

I really meant it in terms of Personal Income, I could see exceptions being made for businesses, however, Id think few businesses should really get that big, tbqh, cause then you end up with the "too big to fail" problem...

Wal-Mart
BP
Exxon Mobil
Royal Dutch Shell
Chevron
Conoco Phillips
General Motors
Ford
Chrysler
Toyota
Honda

This is just a fraction of companies that are "that big".

Well, a few of those arent US companies, the rest, Im not seeing the problem here...

You said that "few businesses really should get that big".

And I meant it, I said that few should, not that many dont, there's a difference...

I think the majority of businesses that large should be broken up into smaller entities like AT&T and Standard Oil were...

That isn't going to happen with all the corruption. Big corporations also supply more taxes than a bunch of little ones.

[Maurepas]

That isn't going to happen with all the corruption. Big corporations also supply more taxes than a bunch of little ones.

Probably not, that doesnt mean it shouldnt...Also, I think the majority of taxes should come from personal income anyway...

[Californian Mod Haters]

That isn't going to happen with all the corruption. Big corporations also supply more taxes than a bunch of little ones.

Probably not, that doesnt mean it shouldnt...Also, I think the majority of taxes should come from personal income anyway...

Why? After all, money is money no matter where you get it from.

[Maurepas]

That isn't going to happen with all the corruption. Big corporations also supply more taxes than a bunch of little ones.

Probably not, that doesnt mean it shouldnt...Also, I think the majority of taxes should come from personal income anyway...

Why? After all, money is money no matter where you get it from.

Im not objecting to the taxes on corporations, just on them getting that large, the taxes on personal incomes in the Upper Class should make up for the decrease...

[Californian Mod Haters]

That isn't going to happen with all the corruption. Big corporations also supply more taxes than a bunch of little ones.

Probably not, that doesnt mean it shouldnt...Also, I think the majority of taxes should come from personal income anyway...

Why? After all, money is money no matter where you get it from.

Im not objecting to the taxes on corporations, just on them getting that large, the taxes on personal incomes in the Upper Class should make up for the decrease...

That won't happen either.

[Maurepas]

That isn't going to happen with all the corruption. Big corporations also supply more taxes than a bunch of little ones.

Probably not, that doesnt mean it shouldnt...Also, I think the majority of taxes should come from personal income anyway...

Why? After all, money is money no matter where you get it from.

Im not objecting to the taxes on corporations, just on them getting that large, the taxes on personal incomes in the Upper Class should make up for the decrease...

That won't happen either.

I never said it would, the question was, how would I do it?

[Californian Mod Haters]

That isn't going to happen with all the corruption. Big corporations also supply more taxes than a bunch of little ones.

Probably not, that doesnt mean it shouldnt...Also, I think the majority of taxes should come from personal income anyway...

Why? After all, money is money no matter where you get it from.

Im not objecting to the taxes on corporations, just on them getting that large, the taxes on personal incomes in the Upper Class should make up for the decrease...

That won't happen either.

I never said it would, the question was, how would I do it?

Oh.

[Mad hatters in jeans]

I never said it would, the question was, how would I do it?

would you say that just before you have sex with a pretty lady? no you damn well get on with it. hurry up and be president already, i've already made enough copies of the book of your life to fill several libraries.

[Maurepas]

I never said it would, the question was, how would I do it?

would you say that just before you have sex with a pretty lady? no you damn well get on with it. hurry up and be president already, i've already made enough copies of the book of your life to fill several libraries.

*contemplates how his life rendered so much material*

[Californian Mod Haters]

I never said it would, the question was, how would I do it?

would you say that just before you have sex with a pretty lady? no you damn well get on with it. hurry up and be president already, i've already made enough copies of the book of your life to fill several libraries.

*contemplates how his life rendered so much material*

You do have many posts.

[Miclania]

You can solve it easily. You start a small group of people who like to fight at random...

[Mad hatters in jeans]

I never said it would, the question was, how would I do it?

would you say that just before you have sex with a pretty lady? no you damn well get on with it. hurry up and be president already, i've already made enough copies of the book of your life to fill several libraries.

*contemplates how his life rendered so much material*

oh that's easy, i requested several writers help me document your life findings. If it worked for Obama it will work for you. Just don't say anything about fighting the dragons and slapping Putins wife when she called you a prole okay?
i edited them out for political reasons, no mess no dirt.
we want a nice clean Maurepas as president.

[Bergnovinaia]

How would you solve the national debt?

Shove cotton in my ears like Bush and shout "LALALALALALA!" while in reality in got bigger. In reality, the only true way one could balance the national debt would be to raise taxes (more for the rich and less for the poor) and keep the legislation active thorugh their entire term. The nation's budget isn't going to balance itself overnite...

[Gelgisith]

How would you solve the national debt?

Sell off a couple of states. Perhaps Mexico would be interested in Arizona, New Mexico, and/or Texas, and perhaps Canada would like Washington, Montana, North Dakota, Minnesota, Wisconsin, Michigan, and/or Maine...