DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - U.S. Debt Tops $14.3 Trillion for First Time

**virtuah** · 04-21-2011, 05:25 PM

Sure, frivolous spending needs to be cut, absolutely.

But taxes increased across the board?

Well, maybe .. but first lets address the major reason current taxes aren't keeping pace with spending: un- and under- employment of American citizens.

With roughly 25 million Americans out of work and another 27 million under-employed part-time, that's a lot of lost tax dollars.

So if we increase taxes, the 25 million unemployed won't feel it .. and neither will the federal coffers from what the 25 million would have paid had they been working but won't because .. they aren't working.

And if we increase taxes, the 27 million under-employed will feel it considerably with regard to the proportion of their purchasing power to the tax increase, so they'll purchase less, dipping the economy, while the extra tax money they provide .. won't really be all that much.

When we look at the cause of the effect of lower tax revenues, both state and federal, raising the rates on those fortunate enough to be working full-time and who are charitably privately helping those who can't find work, just seems like the wrong thing to do, both morally and rationally.

It seems like the right thing to do is to put our fellow Americans back to work quickly, so that they can earn money and pay taxes like they used to.

So .. how do we do that?

Simple ..

.. Crack down hard on illegals and those who hire them, encouraging illegals to leave the country quickly and fining businesses caught hiring them ..

.. Crack down hard on American companies that off-shore American jobs to wage-slavers in other countries, significantly increasing their corporate tax rate for those companies that do so and reducing their corporate tax rate when they replace a foreign worker with an American ..

.. Crack down hard on American companies "investing" overseas, by significantly increasing the foreign operations tax rate, and reducing the corporate tax rate for start-up companies in America replacing foreign-made goods ..

.. Crack down hard on imports, increasing the import tariff.

The right thing to do here, addressing the problem at the foundation of its cause, is really a no-brainer.

04-21-2011, 05:25 PM	#26
virtuah Join Date Oct 2005 Posts 357 Senior Member	Sure, frivolous spending needs to be cut, absolutely. But taxes increased across the board? Well, maybe .. but first lets address the major reason current taxes aren't keeping pace with spending: un- and under- employment of American citizens. With roughly 25 million Americans out of work and another 27 million under-employed part-time, that's a lot of lost tax dollars. So if we increase taxes, the 25 million unemployed won't feel it .. and neither will the federal coffers from what the 25 million would have paid had they been working but won't because .. they aren't working. And if we increase taxes, the 27 million under-employed will feel it considerably with regard to the proportion of their purchasing power to the tax increase, so they'll purchase less, dipping the economy, while the extra tax money they provide .. won't really be all that much. When we look at the cause of the effect of lower tax revenues, both state and federal, raising the rates on those fortunate enough to be working full-time and who are charitably privately helping those who can't find work, just seems like the wrong thing to do, both morally and rationally. It seems like the right thing to do is to put our fellow Americans back to work quickly, so that they can earn money and pay taxes like they used to. So .. how do we do that? Simple .. .. Crack down hard on illegals and those who hire them, encouraging illegals to leave the country quickly and fining businesses caught hiring them .. .. Crack down hard on American companies that off-shore American jobs to wage-slavers in other countries, significantly increasing their corporate tax rate for those companies that do so and reducing their corporate tax rate when they replace a foreign worker with an American .. .. Crack down hard on American companies "investing" overseas, by significantly increasing the foreign operations tax rate, and reducing the corporate tax rate for start-up companies in America replacing foreign-made goods .. .. Crack down hard on imports, increasing the import tariff. The right thing to do here, addressing the problem at the foundation of its cause, is really a no-brainer.
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