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United States Budget Dilemma

Discussion in 'Political Issues' started by Ruble Noon, Apr 29, 2012.

  1. Ruble Noon

    Ruble Noon "Cracker"

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    [ame="http://www.youtube.com/watch?v=EW5IdwltaAc&feature=youtube_gdata_player"]United States Budget Dilemma.wmv - YouTube[/ame]
     
  2. aircarver

    aircarver Descent Terminated Silver Member

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    A message that will be completely lost on the half of the voters for 'gimmee' .....:frown:

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  3. Cavalry Doc

    Cavalry Doc MAJ (USA Ret.)

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    Hang on, it's gonna be a wild ride.
     
  4. Brucev

    Brucev

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    Simple answer. Remove the ceiling on S.S. Apply the tax to all money earned by whatever source. And... apply it to all persons. Now, given that multi-national corporations want to play "person," let them have the fun of paying into S.S. on every single dollar they make without exception. Oh... let them also receive a nice S.S. check when they "retire."
     
  5. Dexters

    Dexters

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    Corporations do not pay taxes - they collect taxes - they are included in the cost of their goods sold. So ultimately, the consumer pays it - a regressive tax.

    Also, on international sale, it puts US corporations at a price disadvantage to other mfg such as those in China/India that do not have SS taxes.
     
  6. walt cowan

    walt cowan

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    end the fed. problem fixed.
     
  7. Cavalry Doc

    Cavalry Doc MAJ (USA Ret.)

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    Maybe helped, but not fixed. Pass a constitutional amendment to cap spending at 80% of revenue, use the rest to pay off the debt, once paid off, cap spending to 95% of revenue, the remaining 5 % to go into a rainy day fund only spendable with 2/3 of congress, the president, and at least a majority of the supreme court signing the check.
     
  8. aircarver

    aircarver Descent Terminated Silver Member

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    [Sigh]

    Paying off the debt will just allow the commie-crats to do runamuck spending again, the next time they get their hands on the levers of power .... :frown:

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  9. Cavalry Doc

    Cavalry Doc MAJ (USA Ret.)

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    There are really only three choices. Pay off the debt, default, or continue with crippling debt. Unless we allow financial darwinism to take its natural course, and allow non-producers to land in povertyville, we will never be free of the debt. It's theft from future generations. It can be fixed, but it would require significant austerity measures, and national will. Right now, I don't see it getting any better in my lifetime. It should be very interesting to watch though.
     
  10. G17Jake

    G17Jake

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    The first cuts should be to congressional pensions and perks. They failed miserably. We need people who want to serve their country, not be part of a privileged class.

    Yes, that is a drop in the bucket, but it sends a message the party is over for all of us.