Would you support a minimum Billionaire tax and raising the Corp Rate to 25% ...

No

No to all of that…especially raising the retirement age….FUUUUUCK that!!!

Just start cutting the size of government by 5% every year and everything will take care of itself.

12% Federal Flat Tax

I’d be open to the discussion. Certainly not at 25%. Maybe 5 or 10%.

One aspect I don’t like is taking that money out of the private sector. Billionaires don’t stuff their billions under their mattresses or keep it in a money bin like Scrooge McDuck or sleep on it in a cave like Smaug. They invest it, put it in banks which invest it, buy stuff with it, fund projects with it, give it to charities, create jobs with it, finance new ventures, etc. It’s used to grow the economy. Government never grows the economy. It only takes.

I’d definitely raise early retirement to 64.

I’d also significantly cut the defense budget. It’s going to hit $1 fricking trillion soon. I’d cut it by 25-30%, down to about $700B. I’d audit the shite out of it too, make it clear they better make every penny count and squeeze every last drop out of every turnip.

It was higher than 25% before. You apparently have no solution other than the eventual US collapse.

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Take a guess at what happens when corporate tax rates here are higher than other countries.

quote:

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IF it was done AT THE SAME TIME as a LARGE cut in domestic discretionary spending AND raising the Social Security retirement ages to 64 (early)/68 (full) AND slightly lowering the Defense Budget ... equating to a federal balanced budget?

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Whatever it is you're smoking, it's working my guy.

Thanks for a response with an actual solution. I'd support abolishing individual income tax too (and the part of the IRS that deals with individuals). The only issue I have with it is that there would have to be some way of protecting the elderly in a transition. It would not be right to tax them all their lives and then hit again late in life with a high sales tax. Not sure if that is addressed in the Fair Tax movement.

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"I support abolishing the income tax and installing the FairTax."

You crazies with no solutions other than praising the Orangeman.

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"You lefties and your taxes "