If you're interested in a non-partisan, well done look at the (almost) current state at our national finances (I say almost because it's gotten worse since this production), it's well worth the 30 minutes it takes to watch this:
http://www.iousathemovie.com/
Give it an objective watch and if anybody would like to dispute it's conclusions, I would really like to read them.
Enjoy !
We need two new constitutional ammendments. The first is a balanced budget ammendment that requires a super majority or even a 75% majority to authorize deficit spending in a time of crises. The second ammendment we need is a prohibition against unfunded mandates. That would invalidate several of the major spending programs which would have to be reconfigured and refinanced.
Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
- -- Aristotle
Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
- -- The Buddha
It is the mark of an educated mind to be able to entertain a thought without accepting it.
- -- Aristotle
I would add that we need to move away from our antiquated tax system and go to the Fair Tax Act.
The "tea party" people could put their support behind a bill that is already in congress and do more to shift power back to the people than anything we have had since 1776.
"Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34
"It [the draft] is duty rather than slavery. I part with the author on the caviler idea that individual freedom (whatever that may be to the person) leads to nirvana, anyone older that 12 knows that is BS."
-(Midcan5)
"Allow me to masturbate my patriotism furiously and publicly at this opportunity."
-(Ib1yysguy)
"There is no 'equal opportunity' today unless the government makes it so."
-(apple0154 )
"abortion is not killing Its birth control"
-(Desh)
The Fair Tax Act is a consumption tax. It does away with the IRS and the $500 million spent annualy on tax compliance.
Basically it is a 23% tax on all new goods and services. No more hidden taxes. No more business or corporate taxes passed on in the pricing.
And you tax the drug dealers, illegal immigrants, hookers and day laborers too.
Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
- -- Aristotle
Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
- -- The Buddha
It is the mark of an educated mind to be able to entertain a thought without accepting it.
- -- Aristotle
Sorry but that's a regressive flat tax or more correctly VAT tax and it's a regressive taxation scheme. Our present "antiquated" tax system is vastly superior to any inherently unfair regresive scheme that shifts the burden of taxation from those who can most afford it to those who can't.
Where did we get the idea that we should soak the people who worked their asses off to earn more money, and give everyone else a break?
The ultimate fair tax is the one where everyone pays the same percentage for their purchases.
And no one pays taxes on what they save.
It also takes away all the deductions, loopholes and tax-dodges. And since everyone pays the same tax, the politicians won't raise them unless they are willing to raise taxes on everyone.
An amendment requiring a supermajority to pass deficit spending would have led to the Republicans stopping the stimulus spending and a huge amplification of the recession we're seeing today.
Personally I prefer to just eliminate the income tax altogether after all we don't need it and it amounts to nothing more than legalized plunder by groups of citizens seeking to fund their pet causes and social experiments at the expense of other citizens via the use of forced confiscation.
All that is required to do so is that the Federal Government actually abide by the constraints placed upon it by the U.S. CONSTITUTION. After all we did just fine with out it for well over a hundred and twenty years and ever since it was instituted the state has gradually eroded our individual liberty and engaged in global empire building, take away the money and all this federal nonsense goes out the window. We're basically paying for the "privilege" of enriching corporations and the political class while at the same time screwing ourselves and our children over financially..... time for a new plan, time to try freedom again.
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