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The Personal Responsibility Act
nosocialism.com — What kind of life would your family have if you had a 61% increase in your level of income. All of a sudden, things like Health insurance is affordable. Retirement Savings isn't an issue. Heck you could even get by without the Government paying for your kids lunch!
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- brad3378, on 10/10/2008, -0/+7That photo alone is diggworthy!
- Nosocialism, on 10/10/2008, -1/+5hehe, did you read the Article?
- lajaw, on 10/10/2008, -0/+1Read the article, but don't see why there needs to be a 10% sales tax. If yuo want to get rid of socialism, you must also gt rid of the socialist programs and mandates of the federal government. Get rid of those, then the import tax should take care of our new much smaller federal government.
- Nosocialism, on 10/11/2008, -0/+1You still need an army to protect us from the crazy's who will want to destroy us EVEN MORE for moving even further away from Socialism. Also, you still have to pay people for the unfunded bankrupted social Security system and to top it off the government still has to pay for all the debt they've racked up over the years. That being said, this government would START off about 25 to 50% smaller than it's current incarnation. Also, I honestly think that you will have tens of thousands of company's move BACK to the U.S. once the Capital Gains taxes are eliminated, which over the long term would probably lead to less imports of the higher ticket variety - Like Cars. Imports in low end goods will continue to surge however, because Americans will be spending the vast majority of their newfound wealth, and there just isn't enough factory capacity even today to fulfill everything that Americans' buy. Overall, I'm not sure if it will lead to a lower or higher dollar amount in imports, but it will probably be higher. Either way even with a 10% sales tax, your average family will see a 61% increase in "Take Home" pay, minus about 25% or so for Health Insurance, Retirement, Unemployment & Disability Insurance that still leaves your average household with about a 36% Increase in revenue. From that, you remove 20% for Taxes and Inflation (10% Tax, 5% SS Surtax, and 5% Inflation - yeah prices on Imports will probably push inflation, since most imports are only taxed at 5% with the current system). In addition, most states would probably implement an additional 1% in sales tax to replace the revenue they currently get from Income Taxes (yeah that's all it would take, 1%!) That still leaves your average family with a healthy 15% increase in spending power. The equivalent for your average family of a $7650.00 Stimulus Check EACH and EVERY Year.
That my friend would ABSOLUTELY ROCKET this economy to the stratosphere.
- Nosocialism, on 10/11/2008, -0/+1You still need an army to protect us from the crazy's who will want to destroy us EVEN MORE for moving even further away from Socialism. Also, you still have to pay people for the unfunded bankrupted social Security system and to top it off the government still has to pay for all the debt they've racked up over the years. That being said, this government would START off about 25 to 50% smaller than it's current incarnation. Also, I honestly think that you will have tens of thousands of company's move BACK to the U.S. once the Capital Gains taxes are eliminated, which over the long term would probably lead to less imports of the higher ticket variety - Like Cars. Imports in low end goods will continue to surge however, because Americans will be spending the vast majority of their newfound wealth, and there just isn't enough factory capacity even today to fulfill everything that Americans' buy. Overall, I'm not sure if it will lead to a lower or higher dollar amount in imports, but it will probably be higher. Either way even with a 10% sales tax, your average family will see a 61% increase in "Take Home" pay, minus about 25% or so for Health Insurance, Retirement, Unemployment & Disability Insurance that still leaves your average household with about a 36% Increase in revenue. From that, you remove 20% for Taxes and Inflation (10% Tax, 5% SS Surtax, and 5% Inflation - yeah prices on Imports will probably push inflation, since most imports are only taxed at 5% with the current system). In addition, most states would probably implement an additional 1% in sales tax to replace the revenue they currently get from Income Taxes (yeah that's all it would take, 1%!) That still leaves your average family with a healthy 15% increase in spending power. The equivalent for your average family of a $7650.00 Stimulus Check EACH and EVERY Year.
- lajaw, on 10/10/2008, -0/+1Read the article, but don't see why there needs to be a 10% sales tax. If yuo want to get rid of socialism, you must also gt rid of the socialist programs and mandates of the federal government. Get rid of those, then the import tax should take care of our new much smaller federal government.
- Navigator7, on 10/11/2008, -0/+1Personal Responsibility!
Are you nuts, Nosocialism?
That means our world would change!!!
No longer would we have the option to push 1 or 2 for english of spanish during important tranactions.
No longer would braille signs be posted at the drive up window at the bank.
No longer would people of color be able to claim racism and would be forced to focus on education, marriage and bringing children into a family atmosphere rather than institutionalized tool for ACORN.
No longer would grade schoolers be expelled for drawing pictures of guns in public school.
No longer would young females be expelled for taking aspirin for cramps while in school.
No longer would the outrage that has been a liberal ideology overwhelming our school system be tolerated.
No longer would celebrate diversity mean a license to promote every perversion under the sun.
No longer would "Common Sense" be uncommon.
No longer would "health care" be considered a constitutional right when it is not.
No longer would illegal immigrants be welcome in America.
No longer would gay marriage be recognized as anyone with common sense knows marriage is between two people of the same species but opposite sex.
No longer would lawyers be one of the higher paid services in America as surely tort reform would return sanity to our court outcomes returning justice to it's former position.
No longer would Americans feel guilty saying Merry Christmas.
The idea that Americans can grow an prosper without socialistic government involvement in every aspect of our lives is especially thrilling....but I still maintain you are nuts, Nosocialism!- Nosocialism, on 10/11/2008, -1/+2Call me Crazy! Hey a man can DREAM can't he!
- Navigator7, on 10/11/2008, -0/+1"Dreaming" will be an option you will check in your monthly electronic tax return under an Obamanation.
Only 5% of the nation will be allowed to dream but their dreams will consist of asking the recurring question: Where in the devil's names did our wealth go? Of course, comfort will be found in the knowledge provided by Obama's StormTruthers who come to your house after your dream to confide that is, in fact, patriotic to give more and more and more.....
- Navigator7, on 10/11/2008, -0/+1"Dreaming" will be an option you will check in your monthly electronic tax return under an Obamanation.
- Nosocialism, on 10/11/2008, -1/+2Call me Crazy! Hey a man can DREAM can't he!
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