well, we could eliminate the USD and just start paying everybody in SPY, then we'd all be in this thing together.
LOL, well that's the problem today, everyone trying to game the system, hence the need for a change to something simple, fair while providing the government with what it "needs' and not the current spending fiasco.
The current spending fiasco is what voters have insisted on since at least the late 70s. Nothing meaningful is going to change until voters change, or the country simply goes broke.
as much as I hate the regessiveness of the sales tax, I might be pursuaded to go for it if that was the only federal tax. Although I hate the idea of turning the poor guy who runs the bait shop down by the lake into an IRS collection agent. And I would go along with you just for simplicities sake. I'm a simple man and simple is always better, but that is not what Cain is talking about, it's a sales tax on top of an income tax on top of a corporate tax. I don't know what the federal gas tax rate is, but each state adds on it's own gas tax and now you are talking about another 9% on top of that. Man, that makes it hard for the poor guy just to buy enough gas to get to work. At least now he can live on his credit card until the end of the year when the IRS finally gives him back the money they have taken from him that they decided he didn't owe because he was too poor. But I don't hear Cain talking about any exemption like we have now, so that means he pays and never sees it again. And it's not going to even make a difference to the federal budget, but it's really going to hurt him. And in many cases all the poor guy needs is just to be able to put away $25 a month more than he spends to slowly bring himself out of a paycheck to paycheck existence. Now he can buy the big size when it's on sale. Maybe he can start up an IRA. Maybe he can hunt around for something he can buy and resell at a higher price. That's why I am against making the poor contribute while they are still poor. An investment in them may pay off in increased revenue on down the road.
I believe the majority of Americans have finally realized that the problems in our country must be addressed. They won't fall for the typical demagoguery and vote for the only candidate that has been right about the economy for decades. Ron Paul will win.
Couldn't agree more. I thought Ron Paul's ideas were too growth restrictive. He looks like a saint in this one, especially compared to the incompetent mess we have on both sides.