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Several of those aren't as easy as you make it sound, but the import tax is a big no-no. Legolas Send a noteboard - 16/04/2011 07:34:30 PM
Speaking of taxes, that whole system needs an overhaul too. I, like many others, support a federal sales tax. With such a system, we wouldn't see situations where companies can receive large refunds on taxes that they didn't have to pay. At the other end of the spectrum, illegal immigrants would no longer be exempt from paying taxes. It becomes a simple question for everyone. Did you buy stuff? OK, you paid your taxes. This would allow us to abolish the IRS, which would save a great deal of money. There would also need to be a corresponding import tax, and as long as it's higher than the federal sales tax, it might allow us to being cutting into our trade deficit as well.

The days that countries could create import taxes whenever they felt like it are long behind us. I mean, you could, but you'd be facing retaliatory taxes on your export, likely even WTO-sanctioned, and so your trade deficit would not necessarily grow smaller.
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Several basics facts about US Debt and Spending..... trzaska2000 - 16/04/2011 04:41:55 AM 1212 Views
Well ... at least we've been here before ... ? The_Muted_Grimaud - 16/04/2011 06:41:00 AM 733 Views
Guess we should have okay'd those death panels for old people then. Big money saver. *NM* TaskmasterJack - 16/04/2011 03:38:00 PM 368 Views
Yeah, those old people are draining the system..... trzaska2000 - 16/04/2011 06:57:59 PM 716 Views
You're already worse off than much of Europe, honestly. Legolas - 16/04/2011 04:08:37 PM 859 Views
Re: You're already worse off than much of Europe, honestly. Tihs Tnuc - 17/04/2011 01:33:31 AM 838 Views
Balancing our budget would be easy. ranagrande - 16/04/2011 06:46:32 PM 679 Views
Several of those aren't as easy as you make it sound, but the import tax is a big no-no. Legolas - 16/04/2011 07:34:30 PM 900 Views
Also on the buying drugs from Canada idea Isaac - 16/04/2011 08:17:26 PM 783 Views
Re: Also on the buying drugs from Canada idea Macharius - 18/04/2011 01:59:44 PM 824 Views
Re: Also on the buying drugs from Canada idea Isaac - 18/04/2011 05:16:14 PM 996 Views
Funny you mentioned WWII and 1968. Can you put tax rates at these times as well? Skeeve the Great - 16/04/2011 07:50:09 PM 1161 Views
Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. *NM* Legolas - 16/04/2011 08:25:26 PM 329 Views
Re: Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. Skeeve the Great - 16/04/2011 09:19:40 PM 823 Views
Have you ever looked at those projections for a decade or two hence? Legolas - 16/04/2011 10:13:12 PM 776 Views
Yes I have Skeeve the Great - 16/04/2011 10:44:50 PM 899 Views
Erm, and you think total health care spending is not getting out of control? I'm a little confused. Legolas - 16/04/2011 11:02:52 PM 829 Views
Yes it's going out of control Skeeve the Great - 16/04/2011 11:17:59 PM 765 Views
Good, we agree on that much then. Legolas - 17/04/2011 09:59:17 AM 753 Views
Exactly. Cutting back on fraud and waste doesn't really put much of a dent in those projections. *NM* Tom - 17/04/2011 02:31:13 AM 306 Views
Sorry, but that is a stupid opinion..... trzaska2000 - 16/04/2011 08:38:35 PM 712 Views
Sounds like another bull. Skeeve the Great - 16/04/2011 09:31:05 PM 1002 Views
Dude, the data is the data.....tax revenue increased all three times. trzaska2000 - 16/04/2011 09:47:37 PM 946 Views
As I suspected, it's a bull. Skeeve the Great - 16/04/2011 10:02:05 PM 874 Views
Stop being a fool - read and react to the data provided, posting something..... trzaska2000 - 16/04/2011 10:14:11 PM 637 Views
Response is Skeeve the Great - 16/04/2011 10:19:00 PM 858 Views
Good lord.....it's like talking to a brick. I really hope you are 12 or 13. trzaska2000 - 16/04/2011 10:28:44 PM 845 Views
Re: Good lord.....it's like talking to a brick. I really hope you are 12 or 13. Skeeve the Great - 16/04/2011 10:47:24 PM 814 Views
I take it you mean "rate of revenue growth decreases". Legolas - 16/04/2011 11:11:19 PM 706 Views
Re: I take it you mean "rate of revenue growth decreases". Skeeve the Great - 16/04/2011 11:26:02 PM 859 Views
Additional point Skeeve the Great - 16/04/2011 11:37:17 PM 865 Views
It's not remarkable that revenue increased after the Reagan cuts. Tom - 17/04/2011 07:21:47 PM 1039 Views
I've just noticed that you've provided charts from Heritage Foundation! Are you f.. kidding me? Skeeve the Great - 16/04/2011 10:13:46 PM 729 Views
All the data is via CBO - do you know that the CBO is? trzaska2000 - 16/04/2011 10:16:08 PM 740 Views
Re: All the data is via CBO - do you know that the CBO is? Skeeve the Great - 16/04/2011 10:27:01 PM 857 Views
Nice try.....care to explain why the same exact thing happened..... trzaska2000 - 16/04/2011 10:35:44 PM 672 Views
Re: Nice try.....care to explain why the same exact thing happened..... Skeeve the Great - 16/04/2011 10:49:33 PM 804 Views
Krugman is a shill for the Obama administration. Tom - 17/04/2011 02:34:50 AM 681 Views
Re: Krugman is a shill for the Obama administration. Skeeve the Great - 17/04/2011 03:50:24 AM 910 Views
Some obesrvations by Republican economists Skeeve the Great - 18/04/2011 12:27:04 AM 1049 Views
You mean the Keynesian economist who wrote The Failure of Reaganomics random thoughts - 18/04/2011 04:00:52 PM 684 Views
Re: You mean the Keynesian economist who wrote The Failure of Reaganomics Skeeve the Great - 18/04/2011 05:36:44 PM 675 Views
You use Krugman and then complain about the Heritage Foundation! Are you f.. kidding me? *NM* random thoughts - 18/04/2011 02:46:47 AM 345 Views
Useless fact about our presidents since 1945. heartbreak - 17/04/2011 09:20:16 PM 935 Views
Re: Several basics facts about US Debt and Spending..... Skeeve the Great - 20/04/2011 03:51:19 PM 1108 Views
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