Guest post by Edward Eubanks: To solve the financial and political crisis we find ouselves in currently, I would propose the following strategies. First, pass into law a national sales tax. This tax would be fair to all. The wealthy and those having high incomes spend a lot of money and would pay more tax….
Guest post by Brandy Mae: I would like to start off by saying that I don’t think we should have to pay any taxes. I believe it is stealing to take from me and give to someone else. However, if we are going to have to pay taxes, I should get to choose where my…
Guest post from Jim Hayden: To deal with the current economic situation, raise the top income tax rate to 50% and repeal the special (low) rates for long-term capital gains and qualified dividends. If more revenue is needed, initiate a small (4-6%) VAT to supplement the income tax. Re-introduce the concept of Federal revenue sharing…
Guest post by Kostas Callis: Abolish all existing taxes and start from scratch, then implement the following taxes. Flat personal income tax rate of 10% Flat corporate tax rate of 15% Federal Sales tax in all goods and services of 4% Financial transaction tax of 0.2% (this includes banking transactions, equities, bonds, currencies, commodities, derivatives…
Guest post by Christopher Ganiere: Our current economic situation is terribly complex. However, it can be distilled down to a single concept. Our government over spends, over taxes and over regulates. Remember back in 2010, Congress (mostly the “D” party) passed a three thousand page bill with new spending, new taxes, new regulations, and an…
Guest Post by Mark Overholt: Congress should create a “Fair Trade Act” in order to balance imports to exports. Stop paying entitlements to wealthy industry. Regulate the profit margin for the pharmaceutical industry Create a Presidential Executive Order for all government agencies, especially the department of defense to buy American. While I personally am against…
Guest post by Troy Thibodeau: It doesn’t matter what I think, it doesn’t matter what most of us think – the solution to collecting more revenue will ultimately be decided by the government and the IRS. So I thought it would be best to look at the evidence and propose what they think the solution…
Guest post by James Cole: Repeal the mortgage deduction for second homes and cap mortgage interest deductions for homes valuations at over 1 million dollars. Repeal the earned income credit. Repeal the Bush TEMPORARY tax cuts for people making over $250,000 a year. Sell the THOUSANDS of empty federal buildings. Not only would the government…
Guest post by Angela Blair: “There’s a lot of uncertainty that’s not clear in my mind” — Gibb Lewis That quote says a lot about where senior citizens stand on the economy and taxes. Oh, we understand as well as those of the younger persuasion but have a lot more experience on which to base…
Guest post by David Gress: Many people have never heard of the Fair Tax. A quick and short note about it. The Fair Tax is simple. Everything that you buy is taxed at 23%. I know it sounds high but to compensate for the tax on necessities of life a check for $600 is sent…
