Posted by
Mike on Wednesday, September 28, 2011 12:51:42 AM
http://http//westernperspective.blogspot.com/
Obviously, rather than talking about other peoples' taxes, Trump, Buffet, Murdoch, Forbes, Gates and others among the
nouveau riche
capitalists should be paying more than what they are currently paying, or not
paying, in taxes. The only way to accomplish this goal is for the
government to begin taking steps to phase out the IRS and Federal
Reserve System. The federal income tax was only a temporary emergency
stopgap measure devised by President Lincoln to finance the Union Army
during the Civil War. That war is now over.
999 is just a gimmick to confuse the American people. Instead of a flat
tax which would have little or no effect on wealth disparity in
America, and could conceivably increase that overall disparity, we need a
graduated wealth or net worth tax with zero loopholes on corporations
and individuals alike. With this new tax system firmly in place, small
businesses which provide most American jobs will no longer face heavy
tax burdens or be taxed out of existence as often happens in today's
lopsided marketplace. Each person, regardless of how rich or poor,
would be required to pay his or her fair share of the overall tax burden
for the common good of society as a whole.
This will also require downsizing government at all levels, and shifting
government authority away from a centralized federal bureaucracy, and
toward local and state run offices where the people within each viable
geographical town and community will have a say in how things are being
run, a true ownership society.
In this way, people will create their own job opportunities as
individual entrepreneurs, rather than having other people, i.e.
capitalists working behind the scenes, co-opting their work skills.