- Education and Science
What President Obama Can Do To Fix The American Economy
Regressive Flat Taxation
It doesn’t matter which party you belong to because ultimately we are all USA citizens. I can’t image what goes on in the minds of our leaders that they don’t understand we are all suffering from a regressive flat tax. The poorest people in the United States of America are being taxed at the highest rates. It is done through a regressive flat tax system which is not only unconstitutional but also is killing the USA economy. The USA as a country is now at a time when the only way to preserve the economic prosperity of the country is to tax the wealthiest Americans at extremely high rates. The flat tax must be removed so consumers can spend again not only to put food on the tables for their families but to preserve the dignity of the majority of American People which is to promote the general welfare. Somehow I am unaware of how and when the wealthiest people in this country have gained more rights than the majority in this country. But the class disparity in this country must end as it will only lead to civil war. We need new leaders and not from the corporate monkey Tea Party Movement because we are well aware of their game. But real new leaders who will not stand up in Washington DC to claim we are broke and raise higher regressive flat taxes on the poor of this country. How can the country be so poor when the government has imposed higher and higher progress flat taxes? Where are the revenues from the higher regressive flat taxes? Are they all sitting in a vault or is that revenue source being used to bribe everyone in DC? Washington DC has become this over nepotised criminal institution in which they are so inbreed they have forgotten their duties to the people they represent and the country which they serve.
And this isn’t Democrat or Republican argument for those that wish to argue from those sides but a real honest look at what caused our economic demise in this country. Both Democrats and Republicans have been accomplishes to this regressive flat tax on all commodities and where are the revenues? Where were they spent? If anything this has been the biggest heist in the name of regressive flat taxes in the history of the USA. And all parties including and especially the Tea Party are to blame.
No one in DC is willing to admit the demise of the economy is due to regressive flat taxes on 99% of Americans. And all the newbies in DC want to talk about reducing the debt but will not speak to the revenues generated over the last decade as a direct result of progressive flat taxes. They will not tax the wealthy. Goodness forbid, Hollywood ever have to shell out money like the rest of us.
This has been the biggest heist of American wealth in the history of the USA and t has been going on for a decade. I would like Washington to own it. It is time because there isn’t one of us out here that isn’t fully aware this has been going o in the name of global terrorism.
It has been jihad on the wallets by a regressive flat tax which spares the wealthy from carrying their share of their responsibilities in the USA..
Definition of Regressive Flat Tax
Explanation of Regressive Tax
Incentive to be a Millionaire...Hunger!!
Recommendation to Fix the Economy
Recommendations for POTUS to Fix the USA Economy
Although I believe this should come from treasury apparently it hasn’t so I will make these suggestions.
1) Tax everyone that makes over $200 K a year at 50% or Higher.
2) Eliminate the Regressive Flat Taxes Completely
3) Figure out where all of the revenues from the regressive flat taxes have gone over the last decade and then redistribute that wealth.
4) End CEO corporate tax loop holes.
5) Penalize Corporate CEO’s for any wrong doing especially since we are living in a post world comm. And eron environment.
6) Provide tax incentives to corporations to hire American citizens and penalize and convict corporations that higher none USA citizens. I know the role of leader of the free world and president can be confusing but frankly you have obligations to your own people first.
7) End tax credits for people owning more than one home.
8) Impose a slum lord taxation in which any slum lord caught not maintaining their rental properties must pay a 75% tax increase the next year. Raise the slum lord’s rent a 100% if they rent to a none USA citizen and are caught.
9) End prison subsidies. Violent offenders should not be permitted to attend college free while the rest of us law abiding citizens are suffering under the burden of paying for college.
10)Tax organized crime and the drug trade. More drugs are being trafficked and sold in the USA than ever and there is a very visible drug trade that occurs every single day. Go after drug dealers and their property and end the drug trade in this country.
11)Tax Hollywood and all of their off shore bank accounts where they are hiding money in the Caribbean. If taxes are good for the rest of us they must be good for all of Hollywood as well.
Now these are eleven simple suggests to get the USA back on the path to Economic Prosperity. There is lots and lots of money in the USA and it just isn’t being redistributed. In these suggestion, entitlements aren’t touched and revenues are raise which is what everyone in Washington DC claims to want but they just don’t seem ton have a handle on how to do it.
But then again DC would have to admit they have used a regressive flat tax which has collapsed the USA economy and cause subsequent financial hardship on their constituents and the world economy. It has been my experience DC never takes personal responsibility.
I know everyone claims it will never get passed but since it is both parties I can’t see why they can’t simply suck it up and fix what they broke. We know out here now. Time to fix it and if anyone suffers it should be the DC crowd and not the people outside the beltway who have been paying the regressive flat tax for the last decade and supporting DC’s addiction to spending. Everything that has been done in the last decade has been to force people to consume so they would pay higher regressive flat taxes to generate revenues, feed the spending addicted Congress and prevent taxes on the wealthiest Americans so no shared sacrifice.
Time for the rich and the DC crowd to feel the pain the rest of us have endured for over a decade.
The Debt Reduction Committee which I want to be on isn’t going to address any of the serious financial issues of this country unless they eliminate the regressive flat tax and tax the corporations ad the wealth in this country. They will only save face in the international community.