Who links to my website? BlocArdent: $40 to freedom

Friday, December 23, 2011

$40 to freedom

Today's 2m fix on payroll tax deduction for employed; demostrates the difference and the pettyness of American Politics. The president march out people to tell you what $40 means to them.  But I dont know what world the president lives in, but $40 in Obama led world is just not that damn much.  In fact, forgeting the poor that already get the benefit of 30 percent of our tax dollars or $200 month. For getting, the addle drug addicts, and drunks and serial law breakers living on the street that gets 20 percent or $150 a month or your tax dollars. In fact, lets exclude all non taxpayers. This is not and never will be a poor not being taken care of problem.

This a to much regulation, to much expenditures, and  to damn much debt problem. And its wrapped in $40 dollars a month demostration.  But the truth is simple or problems are because of $40 a month...if you are a democrat...and $187 month if you are Republicans. I am so thankful the president broke it down to per dollars expenditures. First remember, those that are not paying taxes(except those that should be paying) are not part of this problem. So lets summarize our problem.
1. The %40 percent problem...We are over regulated by %40  of our money..or taxes if we  put in financial terms. The truth is regulations have killed millions of jobs but neither side is willing to fix the problem. So lets move on.
2. According to President Obama: $40 is the amount the republican wants to increase taxes.
3 According to Republican: $187 is the amount the democrats want to increase taxes on the top 10 percent.

But lets check that fact: What if we did raise both taxes; how would effect our debt.  First, lets start with the rich, just to put the democrats in a good mood.
What does $187 mean; 14 mill(taxpayers) x $187 x 12(months) = Annual taxes generated. The annual income tax increase is 31.5 billion. A good start but not any where we need to be to get rid of our 1 trill a year debt increase.
Now lets look at Republicans: Its always nicer when the elephants are fed.
The democrats say 160 million...I heard a senator...which should have better number say 130 million people are effected by the payroll tax.  1.3 million. What does $40 mean:  $40x130 mill x 12= payroll tax increase. The Annual Income tax increase would be 62 billion. Again a great start but would not near the solutions.

 But let us novice throw some numbers around. Lets call its The Fair Plan: Since Obama been president, He has been overspending your money by $400 billion a year, so at the least we need to overcome that short fall.
1. I like the democrat solution.  62 billion a year. (double that amount would be better: 124 billion).
2. Payroll tax. 31 billion (double that abount would be 61 billion)

The fair plan does not get  us there we are still short 300 billion. Our only choice is to tighten our belt on the government side. The best guess on the budget...because there is really no budget request is 4 trillion with the added health cost...but lets go with the lower number of 3.5 trillion. So, we will to cut this by 308 billion..just to stop the bleeding.

3. Reduction in expenditures. formula 3.5 trillion x %reduction = 308 billion. or 3.5 trillion - %10 = 350 billion. With 42 billion to go to pay down debt.

So, now we can change the name of the plan to the.

$40/%5/%10 fair debt reduction plan. or the 40/5/10 fair plan.


To Carry the fair debt reduction plan even further; Lets cut the expenditures across the board. Thusly every department gets equal cuts.

Basically its a reset: and then move forward plan and make adjustment afterwards.
But lets look at the final results.
1. Would the Rich mind giving up %5 more in taxes if they know Everybody else will be contributing $40.
2. Would the payroll taxpayers mind paying $40 a month if they know the employers are paying $187 month or almost 5 times what they are paying.
3 Would the consumers of American mind a %10 percent reduction if they Knew the producers are increasing their contributions by %5 percent by the rich and 1 percent by the poor.
I think its possible.
However, regardless of the economy the 40/5/10 plan will put to stop...The lets fund China plan.

Its that simple. Period. There is no excuses. And the chief argument why the democrats and republicans either need to put on mans pants or go home,,,and go the way of the Whig party.
Vote America first; Vote Independent.