The fastest way to raise everyone's pay would be to eliminate federal income taxes.

gentoobro

The fastest way to raise everyone's pay would be to eliminate federal income taxes. The US didn't even have federal income taxes for the first hundred years, and yet it managed to get along just fine. It also didn't have handouts or pension fund Ponzi schemes, and all the better.

OCTADE

Also nix the real estate tax on primary homesteads up to 40-80 acres depending on how arid the region is, and incrementally increase property taxes for all corporations holding real estate and all inhabitants holding multiple parcels. The more real estate a corporation or land hoarder holds, the higher the tax should be per parcel or acre.

No income tax and no property tax frees working stiffs to focus on building something instead of just working to pay taxes.

No one ever talks about this obvious solution. The state of the economy doesn't matter if you don't have to pay taxes just to keep your house. Some people want to tax your home to force you to fund their lifestyle with the proceeds of such robbery.

notsoloud

@gentoobro
Soooo...which parts of the budget exactly will you cut? Will it be enough?

OCTADE

@[email protected]

Much of the budged is laundered through third party contractors to enrich rent-seekers. End that nonsense and the money is already there.

Sam

This, though, I'm fully behind. I can never understand the "ooh, socialism will pry your hard-earned fruits of your labour from your needy hands" fearmongering. There is far more than enough of nearly everything to go around, and for the vast majority of people it would indeed look something like this. The problem we're trying to address is concentration where the worst actors manage to hoard so ridiculously much that they turn "far more than enough" into "widespread shortages".

RE: @[email protected]
CC: @[email protected]

OCTADE

@[email protected]

Republicans oppose socialism when the money will go to the poor. They raise the fearmongering specter of Lenin when anyone suggest using tax money to actually solve real-world problems for real people.

Republicans and Democrats fight to the death in favor of socialism when the money will go to:

- defense contractors
- insurance companies
- banks
- investors
- prisons
- cop shops
- third party contractors
- foreign aid for bombs

Then they just re-brand socialism as 'public-private partnership' when it should be called 'public pirate partnership'.

Also the Federal Reserve Bank _is_ socialism. Also the fractional reserve money issue system is socialism for the banks and the owners of those banks.

They only call it socialism when the money goes to the poor. This shows how much they hate the working poor. They love the redistribution of wealth when it is being redistributed to the rich.

This is why I have always said that socialism (including Soviet socialism) was always a welfare robbery program for the rich and powerful, which it was, and which it is. Some people have difficulty understanding this. Socialism means taking from the workers to support the parasites. What fiscal 'conservatives' object to is taking from the rich parasites to support the poor.

#Socialism #FederalReserve #Government #FedGov #Banks #Insurance #Taxes

OCTADE

Yup. Stop taxing wages and start progresively taxing all economic rents and the world would change fast. The rich would have to start spending money to build things for sale, instead of just moving paper around to carpet bag loan defaults and corporate takeovers.