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To: pnh102
Here's the plan:

Kill the corporate income tax

Phase out SS - keep FICA payroll deductions until phaseout

Cut Federal Gov't spending to 50% of today in real dollars over the same period as the SS phaseout

Medicare - keep payroll tax until I figure what to do with this although some type of phase out would be good.

No deficit spending

Gov't to do regular corporate accounting. Balance sheet, income statement. Separate long term investments from short term investments from expenses (regular spending).

When the above is accomplished, eliminate the personal income tax and institute a national sales tax of no more than 7% - ever. Put it in the Constitution ilo the 16th. Issue vouchers for pre-ST AT investments to handle the transition.

Cut Congress Members pay 10% per year for every 1% inflation for the year is above 1%.

Alternate - fine 'em $100,000/Congressman for House $1,000,000/Senator for Senate for each 1% inflation for the year is >1%. No pay raises for Congress, ever. Stick it in the Constitution. If they can't pay, send then to GITMO for some water play. NO FREAKINING PREBATES.

NO EDUCATION EXEMPTION

States TBD

Make the US's motto "Live Free or Die". Set an example and kick MA out of the country and substitue Alberta, CA. If MA wants back in, let 'em beg.

That's the second draft of an outline.

14 posted on 01/26/2008 5:51:31 AM PST by Paladin2 (Huma for co-president!)
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To: Paladin2

Call me when your plan starts getting traction...


30 posted on 01/26/2008 7:38:06 AM PST by Neidermeyer
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To: Paladin2

Congress has limited power over inflation (unless you’re talking about abolishing the Federal Reserve, I suppose).


36 posted on 01/26/2008 7:46:17 AM PST by Young Scholar
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