flat income tax (1)


 

 
Repairing the American Republic
in Ten** Years
 
          Barack Obama is purportedly the “leader of the free world,” but all his political manipulations in the last two years have borne an ultra-socialist flavor and made America a much less free country; threatened the role of the American dollar as the “world’s reserve currency”; and done everything possible to kill the free markets’ abilities to return us to our natural position as the world’s leading economy. Here’s how we change all that and return the country to its former excellence:
 
 
  1. Immediately cut all federal salaries 15% and keep them frozen at this level until the budget is balanced and all UNfunded liabilities are funded.
  2. Otherwise cut all federal spending by 10% and similarly freeze it at those levels until the budget is balanced and all UNfunded liabilities are funded.
  3. Amend the Constitution to include a balanced budget amendment except in times of invasion of our country budget must balance and no future liabilities may go UNfunded.
  4. Amend the Constitution so that Unfunded liabilities are unconstitutional.
  5. Amend the Constitution so that the Federal Government has no power to demand state spending on Federal Programs.
  6. Initiate a flat very low income tax beginning at $30,000 earnings per person with no deductions allowed to anyone.  Every dollar earned above $30,000 by an individual is taxed at 16% by the federal government. For married couples every dollar earned above $70,000 is taxed at $16%.
  7. The corporate income tax for America is now the highest in the world. Drop it for ten years to a flat 5% on all earnings above $150,000 and jobs and businesses will flood back into this country.
  8. Put the country back on a hard money standard: one ounce of silver = $100 or (but NOT and) gold = $5,000 per ounce.
  9. Eliminate Federal Reserve banking and all the inflationary power that goes with it.
  10. Make unemployment insurance a purely federal program; cut unemployment insurance duration to 13 weeks.
  11. Set up a commission to eliminate duplicate or unnecessary programs or unconstitutional programs; and to eliminate fraud, waste and abuse of federal programs and require this commission to report to congress and the president every year two weeks before the State of the Union report by the president.
Eliminate Obamacare and
a.     Allow all citizens and businesses and states to shop across state borders for health care insurance
b.   Provide tort reform to eliminate nuisance malpractice suits and cap tort awards at $1,200,000
c.    Put the CDC (Center for Disease Control) in charge of improving Americans’ health and lowering medical costs.
d.   Reduce Medicare and Medicaid coverage to levels existing in 2000. There will be zero state Medicare or Medicaid coverage . . . only federal coverage at these new levels will exist.
 e.    Re-establish HSA’s as programs which people can use to responsibly plan their own health care funding protection
 
Ya’all live long, strong and ornery,
Rajjpuut
 
**It's too big a job for any "instant fix," so not all will be repaired in ten years but the government will be 100% on the right track within three years
By the way, you may recall President Obama telling us that too much information was a bad, even dangerous, thing and recommending that we just read the Huffington Post to avoid confusion . . . .    Well, get this the owner of the HP website Arianna Huffington has declared that the  leftwing progressives “are responsible for all that’s good in America, 100%”. Does she mean the shrinking dollar? $112 TRillion in UNfunded liabilities just courtesy of Social Security; Medicare; and the federal side of Medicaid (not to mention that the new Obamacare legislation will, via the state side of Medicaid bankrupt every state but Utah and Texas by 2022; and all fifty by 2024)? Government and unionized government pensions bankrupting 43 of our states right now?
 
“(By her description of the left), every single breakthrough in American politics from the Emancipation Proclamation onward was a left-wing initiative and espoused by the left,” Huffington declared this week on her website.
 
 
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