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re: What % of our federal government could be cut?

Posted on 5/9/21 at 7:26 am to
Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 5/9/21 at 7:26 am to
So we're just going to stop paying out SS benefits to people that have paid into the system for decades?
Posted by Penrod
Member since Jan 2011
39745 posts
Posted on 5/9/21 at 7:30 am to
The military budget could probably be cut in half and with that we could improve our security. The rest could be cut by 75% easily. So I’d go with 65%.
Posted by Wolfhound45
Hanging with Chicken in Lurkistan
Member since Nov 2009
120000 posts
Posted on 5/9/21 at 7:34 am to
quote:

75+
This.

My “red pill” like moment was when I was in the Army War College. We attended briefings from a Federal government organization we selected. I chose FEMA because of my interest in emergency management and what had occurred during Hurricane Katrina. When we went into the conference room on the wall there were the seals of all the Federal government organizations. There were (seemingly) dozens of them. In a split second I realized, this is not what the Founding Fathers envisioned.

Bureaucracy upon bureaucracy strangling our Republic.
Posted by Mister Flawless
Tuscaloosa
Member since Jul 2011
381 posts
Posted on 5/9/21 at 7:34 am to
quote:

And de-employ an entire industry


So all CPAs do tax returns? You really think bookkeeping, audits, and other attestation services are going to go away. You really believe that financial reporting is eliminated if you simplify the tax code. Even with a flat tax, you are still doing returns for companies and individuals. It would change but in no way would be eliminated.
Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 5/9/21 at 7:36 am to
quote:

So all CPAs do tax returns? You really think bookkeeping, audits, and other attestation services are going to go away. You really believe that financial reporting is eliminated if you simplify the tax code. Even with a flat tax, you are still doing returns for companies and individuals. It would change but in no way would be eliminated.


Correct

You'd still need the IRS in some capacity
Posted by Wolfhound45
Hanging with Chicken in Lurkistan
Member since Nov 2009
120000 posts
Posted on 5/9/21 at 7:38 am to
quote:

You'd still need the IRS in some capacity
Not if you return to the form of taxation the Founding Fathers established. Abolish the 16th Amendment and return power to the several States.
Posted by Mister Flawless
Tuscaloosa
Member since Jul 2011
381 posts
Posted on 5/9/21 at 7:46 am to
quote:

Not if you return to the form of taxation the Founding Fathers established. Abolish the 16th Amendment and return power to the several States


You may or may not need the IRS, but you are still filing returns, possibly to each state’s treasury, and not de-employing an entire industry.
Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 5/9/21 at 7:46 am to
Guess the point is the accountants would find new employment one way or another
Posted by burger bearcat
Member since Oct 2020
8914 posts
Posted on 5/9/21 at 7:55 am to
quote:

So we're just going to stop paying out SS benefits to people that have paid into the system for decades?


How about pay off what ever is left in the current budget and yea basically end it. It's going to end one way or the other. SS is a ponzi scheme we have to get out of. Pull the bandaid.
Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 5/9/21 at 7:58 am to
quote:


How about pay off what ever is left in the current budget and yea basically end it. It's going to end one way or the other. SS is a ponzi scheme we have to get out of. Pull the bandaid.


What do you mean by "whatever is left in the current budget" because that's sort of important here.

Are you suggesting that a recently retired 70 year old should have his benefits completely cut off at some point in the near future after paying in all his life?

BTW I'm actually in favor of a plan to end SS. I just haven't seen a good proposed plan to do it where we aren't royally fricking a lot of people.
This post was edited on 5/9/21 at 7:59 am
Posted by Wolfhound45
Hanging with Chicken in Lurkistan
Member since Nov 2009
120000 posts
Posted on 5/9/21 at 8:00 am to
quote:

...you are still filing returns, possibly to each state’s treasury, and not de-employing an entire industry.
It is the fourth separation of power that we lost during the Civil War. The separation established by the 10th Amendment. We would have a much better Republic if we returned to the delineation of powers that are best managed by the States. A treasury that is unchecked has no incentive to be spendthrift with the resources of the Nation.
Posted by PhillyTiger90
Member since Dec 2015
10727 posts
Posted on 5/9/21 at 9:01 am to
Easily 70-75% before normal people would notice
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124214 posts
Posted on 5/9/21 at 9:14 am to
quote:

Implement the fair tax plan and we could get rid of the IRS
And de-employ an entire industry.
I guess by that standard we should allow the mafia and drug trade to go unfettered as well. We wouldn't want to "de-employ an entire industry"
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11201 posts
Posted on 5/9/21 at 9:20 am to
ABCDEFGHIJKLMNOPQRSTUVWXYZ can all be cut
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 5/9/21 at 9:24 am to
The federal government isn't an employment agency.

frick the IRS & their employees.
Posted by real turf fan
East Tennessee
Member since Dec 2016
8725 posts
Posted on 5/9/21 at 9:37 am to
Biden comes on camera with a roulette wheel numbered 0 to 9.
He spins the wheel. It lands on 6. He announces that all federal employees whose social security number ends in 6 are fired immediately.

Repeat for four or five weeks.

No valid social? Fired immediately.

Then check the budget.
Posted by SoDakHawk
South Dakota
Member since Jun 2014
8620 posts
Posted on 5/9/21 at 10:12 am to
quote:

60% of the federal budget goes to MANDATORY spending. That's social security, medicaid, medicare and interest on the debt.

Just over half of the remaining 40% goes to military/defense spending.

That leaves about 18% to pay for the "federal government" which it appears you are asking about. This includes, but is not limited to: Transportation, infrastructure, veterans benefits, education, health, justice department, housing assistance, NASA, etc etc etc etc etc etc. Just the group "transportation" includes money for airports, air traffic controllers, rail, highways, etc etc etc. "Justice" is the federal court system, the FBI, US Attorneys, etc etc etc.

Dozens and dozens of agencies fighting over what's left after government programs and defense. Sure, there is some waste there, but not as much as we think. The real money is the 82% of the budget the federal government transfers between its citizens (and non citizens) in programs and Defense. Federal workers are a convenient and easy target, but relatively speaking, that's not where the money is.


This is the correct answer.

The rest of you are playing the politicians game if putting the public against the federal employee. Those people aren't your enemy and not the source of government waste. Start with the big 3 of Defense, Social Security, Medicare/ Medicaid. Trimming those would go a long way. The rest is just moving around a few dollars when you are thousands in debt.
Posted by Zach
Gizmonic Institute
Member since May 2005
112629 posts
Posted on 5/9/21 at 10:18 am to
quote:

Probably 90%


Don't be ridiculous. I think 85% would be enough.
Posted by Zarkinletch416
Deep in the Heart of Texas
Member since Jan 2020
8421 posts
Posted on 5/9/21 at 7:47 pm to
50% for starters.
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