What GOP leaders are calling for Med and SS cuts

[MisterVeritis]

We could save them by the right people making more babies. The right people are those that would raise future productive members of society.

To do that all taxes would have to be capped at around 15%. Right now most of us pay about half of what we earn. Between local, state, and federal taxes we are serfs. We decided on just two children because of the costs of raising a family.

[carolina73]

The average person spend $64,000. There are 125,000,000 households.
15% only gives the government about 1.2 trillion.

Personal Income from pay, Capital gains, interest =21 trillion.
21 trillion X 16% gives the government a 3.36 trillion dollar income

Raise that to 20% and you get 4.20 trillion. The USA should not spend more than 4.2 billion = 2019 Federal Spending

So start with lesser number on than 20% and add the necessary NST to make up the difference. Then over the years continue to roll it back in later years.

30% is just too much of a shock and feeding the overspending beast. People need to get used to what it means. You can tell the average worker that he is going to have 37.4% more in his paycheck and that items will also cost less but the average American is too stupid to understand that they end up winning. It is a plan to self destruct any changes by whomever is presenting this.

I would prefer a flat 16% tax rate, which is approximately equal to payroll taxes and then they notice no difference. The top 5% will. They no longer stop paying payroll taxes after $147,000.

[carolina73]

That was after the 2004 election and GWB didn't even campaign on that. Republicans had House and Senate majorities. GWB couldn't even get enough GOP Senate votes to pass it. That, among among a couple of other things, is why GOPs lost 6 Senate seats and 31 House seats in the 2006 election.

That is really not what happened.

GWB did not want a change in the tax bill, so he had a unannounced committee go spend a week at the beach in FL, who then magically wrote a conclusion that it would never work.

It was all a farce by the great RINO of the USA.

It never went to the Senate but they had to announce their findings to kill the push of the Tea Party.

[carolina73]

*The Boomers are Coming!*

Actually the Boomers are already here, more than half have already reached retirement age.

And that is what the previous adjustments were for. They saw this coming since Carter. 62 went to 65 to today's 70. I know 67 but you get more if you wait for 70. LOL It's 70.

[Tahuyaman]

One way to recuse these programs would be to enact a guest worker program which incentivizes people wanting to work to do so legally and broaden the tax base.

[carolina73]

The average person spend $64,000. There are 125,000,000 households.
15% only gives the government about 1.2 trillion.

Personal Income from pay, Capital gains, interest =21 trillion.
21 trillion X 16% gives the government a 3.36 trillion dollar income

Raise that to 20% and you get 4.20 trillion. The USA should not spend more than 4.2 billion = 2019 Federal Spending

So start with lesser number on than 20% and add the necessary NST to make up the difference. Then over the years continue to roll it back in later years.

30% is just too much of a shock and feeding the overspending beast. People need to get used to what it means. You can tell the average worker that he is going to have 37.4% more in his paycheck and that items will also cost less but the average American is too stupid to understand that they end up winning. It is a plan to self destruct any changes by whomever is presenting this.

I would prefer a flat 16% tax rate, which is approximately equal to payroll taxes and then they notice no difference. The top 5% will. They no longer stop paying payroll taxes after $147,000.

I should have said the avg household spends about $64,000 not person

[carolina73]

One way to recuse these programs would be to enact a guest worker program which incentivizes people wanting to work to do so legally and broaden the tax base.

Then charge them a payroll tax that includes health care.

[MisterVeritis]

One way to recuse these programs would be to enact a guest worker program which incentivizes people wanting to work to do so legally and broaden the tax base.

We have enough workers. I think all that would happen is wages would be suppressed for the bottom half of the American citizens.

[carolina73]

We have enough workers. I think all that would happen is wages would be suppressed for the bottom half of the American citizens.

Not really. We have 4 million bottom feeders. You pay them $20 an hour to be a pain in the but. I'm not. Until you starve them, then they are not worried about their job.

[Tahuyaman]

We have enough workers. I think all that would happen is wages would be suppressed for the bottom half of the American citizens.

No, we don’t have enough workers. That should be obvious. We don’t need to make them citizens, just tax paying and legal guest workers.