MAGA!
-
I don’t know about all this Wall Street business. I get the sense it’s the calm before the storm. Especially since our National wealth is managed by a private bank and that same bank doesn’t have to tell us through our representatives in the Congress or Senate how they are managing said funds.
-
-
It's possible Marcus. But it's also possible that maybe Trump's unorthodox leadership style is actually working. To the dismay of many just because they dislike his personality or looks.
-
I don’t know about all this Wall Street business. I get the sense it’s the calm before the storm. Especially since our National wealth is managed by a private bank and that same bank doesn’t have to tell us through our representatives in the Congress or Senate how they are managing said funds.
I don’t know about all this Wall Street business. I get the sense it’s the calm before the storm. Especially since our National wealth is managed by a private bank and that same bank doesn’t have to tell us through our representatives in the Congress or Senate how they are managing said funds.
How would you change it if you could?
WSS
www.westsidesteve.com www.myspace.com/westsidestevemusic www.cdbaby.com/artist/westsidestevesimmons -
I don’t know about all this Wall Street business. I get the sense it’s the calm before the storm. Especially since our National wealth is managed by a private bank and that same bank doesn’t have to tell us through our representatives in the Congress or Senate how they are managing said funds.
How would you change it if you could?
WSS
How would you change it if you could?
WSS
Implement a fair tax on all goods and services and over time reduce the income tax until it’s phased out. A percentage of monies gathered from the fair tax would go towards paying down our National Debt to the World Bank. The pay down and remainder of funds would be exclusively managed by the U.S. Treasury. Once we have little to no debt the Federal Reserve will no longer be necessary and we would have the freedom to deal with the rest of the world on a case by case basis.
-
For me personally I’ll be overjoyed if it works out and will give credit where credit is due. I do however remain cautiously optimistic and it has zero to do with who’s President.
For me personally I’ll be overjoyed if it works out and will give credit where credit is due. I do however remain cautiously optimistic and it has zero to do with who’s President.
You don't think any of the deregulation or the slashing of capital gains makes investors more eager to invest? And sure there will be a correction oh, there always is.
WSS
-
For me personally I’ll be overjoyed if it works out and will give credit where credit is due. I do however remain cautiously optimistic and it has zero to do with who’s President.
You don't think any of the deregulation or the slashing of capital gains makes investors more eager to invest? And sure there will be a correction oh, there always is.
WSS
You don't think any of the deregulation or the slashing of capital gains makes investors more eager to invest? And sure there will be a correction oh, there always is.
WSS
Well sure it would. However, I am concerned without some specific regulations or any regulations at all what’s to stop the next crisis at the hands of the fiscally irresponsible?
-
You don't think any of the deregulation or the slashing of capital gains makes investors more eager to invest? And sure there will be a correction oh, there always is.
WSS
Well sure it would. However, I am concerned without some specific regulations or any regulations at all what’s to stop the next crisis at the hands of the fiscally irresponsible?
Well sure it would. However, I am concerned without some specific regulations or any regulations at all what’s to stop the next crisis at the hands of the fiscally irresponsible?
Frankly nothing will stop the next crisis. I understand you would prefer to replace the income tax with an excise tax but good luck with that. These decisions are made by politicians not by business people anyway.
WSS
-
Well sure it would. However, I am concerned without some specific regulations or any regulations at all what’s to stop the next crisis at the hands of the fiscally irresponsible?
Frankly nothing will stop the next crisis. I understand you would prefer to replace the income tax with an excise tax but good luck with that. These decisions are made by politicians not by business people anyway.
WSS
Frankly nothing will stop the next crisis. I understand you would prefer to replace the income tax with an excise tax but good luck with that. These decisions are made by politicians not by business people anyway.
WSS
I don’t see any more of an equatable way of managing our Nation’s finances. A fair or flat tax also all but guarantees everyone in this country for whatever reason pays taxes in some way shape or form.
-
Frankly nothing will stop the next crisis. I understand you would prefer to replace the income tax with an excise tax but good luck with that. These decisions are made by politicians not by business people anyway.
WSS
I don’t see any more of an equatable way of managing our Nation’s finances. A fair or flat tax also all but guarantees everyone in this country for whatever reason pays taxes in some way shape or form.
I don’t see any more of an equatable way of managing our Nation’s finances. A fair or flat tax also all but guarantees everyone in this country for whatever reason pays taxes in some way shape or form.
I don't disagree with you necessarily. Just saying that's going to be a hard sell.
And I don't imagine for one minute that municipalities s and states and counties Etc are going to live within the means of the federal excise.
WSS
-
I don’t see any more of an equatable way of managing our Nation’s finances. A fair or flat tax also all but guarantees everyone in this country for whatever reason pays taxes in some way shape or form.
I don't disagree with you necessarily. Just saying that's going to be a hard sell.
And I don't imagine for one minute that municipalities s and states and counties Etc are going to live within the means of the federal excise.
WSS
I don't disagree with you necessarily. Just saying that's going to be a hard sell.
And I don't imagine for one minute that municipalities s and states and counties Etc are going to live within the means of the federal excise.
WSS
Well they do with an already high income tax. Besides, this settles the rich not paying their “fair share” (whatever that’s supposed to mean) the wealthy in all likelihood should still be able to maintain their lifestyle in most respects and the middle class and below would conceivably be able to afford necessary goods and services as they would have a reduced income tax and eventually no income tax.
I know that you understand this concept just putting it out there for everyone else.
-
I don't disagree with you necessarily. Just saying that's going to be a hard sell.
And I don't imagine for one minute that municipalities s and states and counties Etc are going to live within the means of the federal excise.
WSS
Well they do with an already high income tax. Besides, this settles the rich not paying their “fair share” (whatever that’s supposed to mean) the wealthy in all likelihood should still be able to maintain their lifestyle in most respects and the middle class and below would conceivably be able to afford necessary goods and services as they would have a reduced income tax and eventually no income tax.
I know that you understand this concept just putting it out there for everyone else.
Well they do with an already high income tax. Besides, this settles the rich not paying their “fair share” (whatever that’s supposed to mean) the wealthy in all likelihood should still be able to maintain their lifestyle in most respects and the middle class and below would conceivably be able to afford necessary goods and services as they would have a reduced income tax and eventually no income tax.
I know that you understand this concept just putting it out there for everyone else.
I don't think it will settle the rich not paying their share argument for one second. First of all the Democrats will never give up that mantra and second how long do you think it will be before they've decided that an excise tax on the middle class puts too much of a burden on them? Already most people don't pay any FICA as it is. Think those people be happy to pay a value-added tax all of a sudden? Just telling you how I would attack that if I were a democratic strategist.
And do the townships the cities the counties and the states all adopt their own vat tax? Or just keep their own versions of the income tax?
WSS
-
It obviously works best if state income taxes are done away with too. I’m unfamiliar with township, city, or county income taxes. However, this concept works best with as few taxes as possible.
As far as the Dems and their crusade against the rich; I don’t see how they can argue that the wealthy don’t pay more when they purchase more expensive things (cars, clothes, houses, food etc) obviously the more expensive the good or service the more revenue is generated.
-
It obviously works best if state income taxes are done away with too. I’m unfamiliar with township, city, or county income taxes. However, this concept works best with as few taxes as possible.
As far as the Dems and their crusade against the rich; I don’t see how they can argue that the wealthy don’t pay more when they purchase more expensive things (cars, clothes, houses, food etc) obviously the more expensive the good or service the more revenue is generated.
It obviously works best if state income taxes are done away with too. I’m unfamiliar with township, city, or county income taxes. However, this concept works best with as few taxes as possible.
As far as the Dems and their crusade against the rich; I don’t see how they can argue that the wealthy don’t pay more when they purchase more expensive things (cars, clothes, houses, food etc) obviously the more expensive the good or service the more revenue is generated.
Hi, Marcus ! I don't know much about all this stuff - but I do have a question... if state income taxes are done away with, and goods and services are taxed... does that drive up inflation? I don't have much of any idea...just wondering.
-
Hey there Cal. It might based on supply and demand but inflation, deflation, intrerest rates are all monitored,measured, and managed by the Federal Reserve (the private bank controlling our national worth).
The problem could be that because this is a plan to end the Federal Reserve sabatoge is a possibility. If rates and prices are driven up high enough public outcry would demand legislation change.
-
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login