The other day The Pink Flamingo and a certain person who shall remain nameless (to protect the guilty) had a conversation about how we would solve things. We were able to amend the tax code, solve the deficit, and reduce the debt – in less than 2 minutes.
It is so simple it just won’t work.
Establish a national jury for cutting the budget. Use a jury pool, take twelve people at random, from around the country. Put them in a locked room with a secretary and a computer, and some beer. I will guarantee that, within less than 24 hours they will create financial plan that makes a heck of a lot more sense than what is being done in Washington. I will bet my toy poodle it will be done much more logically, efficiently, and easier than what the House, Senate, and White House could do.
We know how to get along. I know what it is like to go to the store and not have enough to buy what I need. I put things back. So would have everyone else at that table. Contrary to popular opinion, we know what is real and what is crap.
There would be no lobbyists.
There would be no special interests.
There would be unions.
There would be no tea parties.
Just people, voters, taxpayers.
I think we could do a great job at it. One thing we would do is cut duplication of services. We’re dealing with at least $500 billion in duplications alone. That’s a heck of a lot of money. I don’t think with ‘normal’ Americans there would be any sacred cows.
I volunteer to be one of the 12. I have my scissors already packed.
Now, when it comes to taxes, it is so simple, but then again, we can’t do simple. Have a straight across the board 10% national income tax, for anyone making over $25,000 and any couple making over $50,000. That’s it. No more deductions.
Ten percent tax for all businesses and corporations.
Ten percent for all capital gains.
Ten percent for all death taxes.
Then add a 3% national sales tax on everything, including medical.
Want to see a boom?