Sorry for the gap in posts everybody, I'll blame it on lack of motivation, which is no excuse at all. I'll do my best to keep up with what's coming out, so today, I'm going to present a plan that won't happen, but it would make the economy come back so fast, it would make your head spin. It's simple, but it's effectiveness would employ millions of Americans and it would reward Americans who are actually working. Now, I'll give credit where credit is due, this isn't all my plan, my brother and I talked about it and we both agree that this is the way to get the economy running again.
1. Cut the Federal Income Tax. Get rid of it. Why? Well, look at your paycheck and look at the part that says FICA. That's a rather large chunk of your paycheck that gets taken by the government. Now imagine if that was put back into your paycheck. There's additional money put in your pocket for being a working American. If the government would suspend the federal income tax for just 2 months, we would see a huge boom in consumer spending, which is part of what we need to get the economy up and running again.
2. Cut the capital gains tax. In fact, get rid of it. Again, just a two month trial period at first for the skeptics, but once Wall Street starts coming back by leaps and bounds, we'll see companies hiring people left and right. This helps the large companies. Where do the small companies buy their supplies from? The large companies. Who can reduce their costs once the capital gains tax is gone? The large companies. This makes it easier for small businesses to hire more people, and for more small businesses to start. So what do we get out of this so far? People being hired to jobs that give them higher wages to put back in to the economy.
3. If you insist on having government jobs, make them useful. Two examples. Have the government hire people who actively monitor welfare recipients. If they aren't making any effort to get a job, it's not our problem to continue funding their laziness. This gets more people off welfare and gets more people into jobs. Example 2? Border patrol. This prevents illegals from getting into this country and receiving benefits that they don't deserve, and again, gives people steady jobs. If liberals insist on having government jobs, us conservatives will be glad to meet you half way.
That's the plan. Like I said, it's simple, and it's brutally effective. But... It won't happen. Liberals are too concerned with trying to get in their pet projects that they've been drooling over for the past 20 years. This is not the time for that. Liberals are being greedy here, trying to set up their empire for years to come, at the cost of the American citizen. That's obviously "change" we can believe in.
Oh, and because I laughed a good 5 minutes over this:
http://www.youtube.com/watch?v=x8hMJVXt09E
Really? 500 Million a month? Pelosi, you senile old lady... Just go sit down and the nurse will bring you your medication after Murder She Wrote.
Until next time folks, I'm that Conservative College Guy, and we are America.
Wednesday, February 4, 2009
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I would bet that the Dow would gain 5000+ points in a month per month indefinitely if you eliminate capital gains and corporate taxes. Get rid of cap and trade and suddenly we have an auto industry in America again.
ReplyDeleteThe point that liberals always miss is that this reduced taxes in one area are made up and exceeded in another--growth. Corporate America experiencing a boom isn't just good for "evil rich guys", it's good for people who need jobs.. which is apparently 500 million a month. More business = more jobs = more taxable income for the government.
Why is it prevented time and time again? Those evil rich guys I spoke of. Dang them and their dirty, filthy, absolutely unacceptable success!
Well written post. Keep this kind of analysis up regularly.
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