Full disclosure, like nearly everyone
else talking about it, I did not read Donald Trump’s tax plan. Like nearly no one else talking about it, I’ve
told you that I have not read it. That
said, I did catch parts of his roll out of the plan and the endless line of
talkers who have not read or bothered to understand it but nonetheless are
giving their opinion on the plan.
Here’s what I think I’ve learned about
the plan.
It makes people who criticized Trump
for having no substance look foolish.
The crowd at National Review, to quote their girly man editor Rich
Lowery, have just had their balls cut off by Trump with the skill of a surgeon
and they know it. These buffoons have
attacked Trump endlessly as a summer side-show with no substance. Now Trump has released two detailed plans, one
on immigration and now one on tax reform.
You do not have to like every word of either plan or any part of either
plan for that matter, but you ought to STFU about Trump not having any plan or
substance.
Supposedly 50% of working Americans
will pay no taxes in Trump’s plan. I do
not like that idea. Everyone ought to
pay something so that slimy Caligula, D.C. azzbag pols cannot boost taxes
without hitting the “working poor” that they supposedly care so much about
while not giving a flip about the rest of us.
Everyone ought to pay what they can afford to pay even if it’s just $10
so that when pols start talking about the need to raise taxes, the working poor
have enough skin in the game to tell the corruptocrats to go to hell.
As for the rest of it, hell I don’t
know. If the middle class is going to
get a tax cut, I guess I’ll be square in the middle of that cut. Reducing corporate taxes to 15% makes sense
to me, mostly because Corps. just pass their taxes burden on to whoever buys
their products. As for closing “loopholes”
I don’t have any, but it’s a good idea.
Loopholes are not loopholes at all.
They are the law expressly passed by corrupt a-holes and put into place to
pay off their donor class buds. Then the Caligula, D.C. corruptocrats rail
about the very “loopholes” that they put into place. It’s complete BS.
I’m beginning to think that the only
way to go is the fair tax or national sales tax. It gets everyone. Everyone decides how much tax they are going
to pay by their consumption habits. It
is graduated because rich people are the biggest consumers and will therefore
pay the most taxes. It eliminates every “loophole” (AKA Caligula, D.C. payoff).
It ends the most corrupt and hated federal agency in America – the IRS.
But we have to be realistic. We will be nearly 20 trillion dollars in debt
by the time The Empty Suit removes his feet and bony azz from the Resolute Desk,
packs up his nag of a wife and exits the Rainbow House for the last time as
president. Tax policy, no matter how pro-growth,
will not be sufficient to get us out of the gigantic chasm the Caligula, D.C.
ruling class azz weasels have put us in.
What’s required is a trident of pro-growth
tax policy, fiscal responsibility that extends to every rat hole of the federal
budget and entitlement reform.
We should start by stop digging the
hole any deeper. There should be a
balanced budget amendment passed by congress and approved by the states.
Then, I would end the VA, IRS, EPA, Dep
of Education and NEA as we know them.
Vets would receive a card upon discharge that would allow access to any doc
in the box or hospital in America. VA equipment
and buildings would sold or leased to private healthcare providers. The IRS would disappear as a result of
simplified tax policy that would make it obsolete. The EPA would be reduced to one office that suggests
regulations to congress that would have to be voted on by the people’s
representatives. Education responsibilities
and funds would be block granted back to the states based on needs and
performance. Spending for the “arts” NPR
and PBS would end. A country 20 trillion
in debt doesn’t need to be paying for crappy “art” that no one wants to buy or lefty
lib propaganda on the radio and tv.
There would be a 98% freeze on hiring
of any replacement federal employees. I
would force a smaller more efficient federal government by simply not allowing
any further hiring of federal bureaucrats to f up our lives.
I’d also propose a 5 cent tax on gasoline
earmarked 100% to service the national debt.
That tax would require re-approval by congress every 6 months. At the same time I’d make it cost effective
for all manner of energy exploration and development, including nuclear. Once the debt hits zero, the gas tax automatically
ends and requires a 2/3rds vote of both houses of congress to reinstate it.
I’d advocate for term limits for
congress to remove the necessity to buy votes with taxpayer dollars. Term limits remove the need for pols to buy
votes to stay in office.
Then, over a 10 year period I’d reorganize
the military to cut down on waste, redundancies and increase warfighting
capabilities. Everything associated with
the military would be centered on winning battles and the nation’s wars. Anything and anyone superfluous to projecting
America’s power abroad would be eliminated.
Social engineering of America’s fighting forces would end on day one.
But sooner or later you have to go
where the real money in the federal budget is – entitlements.
For the next 20 years I’d means test Social
Security. Then I’d make it voluntary to
opt out of receiving SS payments for 10 years.
I’d increase the age of SS eligibility over 10 years while at the same
time allowing recipients to invest a % of their SS payments in their company retirement
plan or an approved SS exchange. After a
25-30 year period, if the system is solvent, the wealthy could opt out of making
SS payments after contributing a minimum sum.
They have to contribute something in case their fortunes turn and they
end up having to rely on the system. An insurance SS insurance if you will.
I would also means test Medicare. I would establish lifetime individual private
and portable medical accounts phased in over XX# of years. Then I’d end Medicare. I would do everything possible to phase
employers out of the healthcare business.
Healthcare reform has to allow insurance companies to compete across
state lines.
Medicaid would be ended over XX# of
years. Replacing it would be private
insurance companies providing low cost/no cost insurance to the working poor
based on their market share in certain regions of the country or states. Payments would also be made directly to
hospitals who treat the homeless and other uninsurable categories. Any doctor or hospital that is caught
defrauding the system faces a mandatory $10,000 fine for the first offence and
a mandatory $20,000 fine and mandatory 2 year prison sentence for the second
offence.
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