Posted on 01/25/2009 7:50:28 PM PST by databoss
Post your positive ideas for economic recovery: Here are some of mine... 1. Reinstate tax deductions for car interest. 2. Reinstate tax deductions for consumer debt interest 3. Forego capital gains on buying and holding foreclosed properties for 5 years. 4. reinstate accelerated depreciation on big ticket purchases like cas, equipment, planes for businesses.
Massive government layoffs with a 70% reduction in government spending. 10% flat income tax for all.
BOHICA.
buy gold or maybe platinum
Cut all government aid to illegal aliens and enforce immigration law.
Let the free market alone and let it do what it needs to do. Weed out the bad.
A two month “holiday” from Federal income taxes, for everyone who has taxes withheld.
This would provide the quickest “jolt” to the economy possible, and would make everyone aware of just how much money is being kept from them with every paycheck.
who the government? how does that stimulate a recovery?
since this is merely a wish list with the Obama administration, I propose the following.
1. No more DOE. Let states employ the voucher method at a reduced amount of spending per person. Voucher would cover public school cost or be able to go toward private if so desired
2. End all funding for welfare programs. Let the churches/community service sectors do their jobs.
3. Privatize Social Security for people age 40 and under.
4. Tax credits for CC debt, autos, and incentives/tax credits for buying rehabbing forclosed homes
5. Eliminate IRS, fair tax implementation
6. End ALL states rights issues in the fed govt. Abortion, marriage, schools, gun laws etc. Let the states decide and implement these issues based on voters, not legislation from the benches.
7. Generous corporate tax breaks to create jobs
NO BAILOUTS- let the market decide who stays and who goes
Slap a tariff on those Shamwows.
Open up our coasts to drilling.
Fill the potholes and pay the Military. The End.
Zero capital gains tax. Zero taxes on Social Security. I mean how stupid is to to tax something that is already taxed?
Allow deduction for personal dwelling repairs and capital improvements. Allow credits for green construction.
Putting cash into the pockets of construction workers is the best way to get things going.
Get rid of the illegal alien Kenyan in the WH.
(sound of repeated slapping) Sorry...Lost my head there for a minute...
oops. Forgot one. DRILL BABY DRILL!!
Put nation back on classical gold standard. Disband the Fed. Have the Federal government hold a garage sale.
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