Taxes
Progressive elimination of taxes on income and on all business are necessary to maintain a free nation. What government can tax, government can control. And we never should have allowed government such unlimited power over every aspect of our lives as it is with the ability to tax income. We should never impose punishment on those who create jobs.
However we have debt to the elderly which we should honor as best we can even though they (and my generation) allowed the congress to waste everything they and we surrendered to government via the SSI Ponzi scheme. Although there would be justification and valid logic to pulling out that rug, I do not believe a civilized society let’s it’s elderly starve on the basis of ignorance. Had the SSI Ponzi scheme never existed, it would be simple, but they were led to believe they would pay in and their money would be paid back. That so few were interested enough to pay attention and do the math and see that their money was pilfered and wasted is another problem. We can’t pay them back entirely. They never expected back more than $1500 or so a month anyway even though if they’d put the same money into legitimate savings they’d all be millionaires and make their kids rich when they died. But the fact of the matter is that we can’t afford even the $1500 a month. To pay that we’d have to keep the scam running a few more years by ignoring the border and doing everything else we can to increase the population. As the baby boomers retire, they didn’t produce enough kids to rob with higher taxes to pay them that much. Now you see why the two socialist parties refuse to defend the borders. The only possible and humane way to get rid of the Ponzi scheme is to phase it out. People under 50 will never see a dime of it, that fact has to be recognized and accepted. If we attempt to continue the scam that long, we’ll have no hope of saving the country and they’ll lose it anyway. So those under 50 should simply be dropped from the system and should start saving for their own retirement.
In return, those between 30 and 49 should immediately be immune from income taxes. If they are to lose their SSI payments, we owe it to them to take less from them so they can use their money to prepare for their retirement.
I believe the income tax should be eliminated and replaced with massive spending cuts. But barring that, I believe serious consideration should be given to the so-called “fair tax” as many libertarians and others are currently promoting. I think if more people understood it, it would have already replaced the income tax due to massive public demand. And it’s a far better system than the crooked scamming IRS based robbery of income we have today. We should demand the conversion to the fair tax system but with conditions. First of all, government cannot be trusted to get rid of any tax, EVER! We don’t wasn’t to enact the fair tax only to have government bring back taxing income a few years down the road to pay for more reckless giveaways. So any conversion to the fair tax must include first an amendment to the US Constitution banning forever any level of government taxing income from any source, taxing payrolls, or otherwise extracting money from individuals or businesses based on any compensation for labor or transactions required for doing business. And we’d have to bring the states on board. What’s the point in lifting income tax, only to have states seize what the federal grubby hands left behind?
Other taxes which should not exist and should be eliminated are estate taxes, inheritance taxes, dividend taxes, capital gains taxes, and any other tax on individual citizens by the federal government.