Printable View
Things just got weirder:
In total, more than 20 petitions have been filed. One for Texas has reached the 25,000-signature threshold at which the White House promises a response.
BBC News - US election: Unhappy Americans ask to secede from US
I wonder what would happen if Confederacy II did happen. Places like Texas and the southern states would suddenly find that they'd have all sorts of legal implications like defence, taxation and welfare to work out.
LMAOQuote:
Originally Posted by Gregor-y
Thanks G'-y
they should just put a national sales deficit tax on. everybody pays. don't take forever to pay this off just get er done.
Don't think you quite understand the scale of the debt/deficit/spending problrm. Our GDP is $15,000,000,000,000, our deficit is $1,200,000,000,000, and our debt is $16,000,000,000,000. That means that to balance the books with some sort of national sales tax, you would have to tax the entire GDP 8%. Do you really think that won't have an impact on the economy?. And that's just the deficit, what about the debt? Well let's pay that off over say 10 years. So all another 10% "sales tax". Now we're up to 18% tax. And that's using static analysis which isn't the right thing to do. And surely we can all agree a tax hike that high wouldn't be too conducive to economic growth?
So you are talking about 18% sales tax? That sounds about normal to me. The UK was at 17.5% now 20%.
That would be 18% on top of all of the already existing taxes (including the hidden ones) we already have. An economy killer for sure.Quote:
Originally Posted by Mark
Oh, wait, we'll just tax the rich people and it'll all go away. :rolleyes:
Leagalize "Herb" on a national level and tax the bejeezus out of it, that would put a dent into it. Of course the "Prisons for Profit" may lose some customers. :crazy:
The entire war on drugs (of which prisons are only a part) is a massive economy all by itself. And of course completely reliant on federal money. Get them and chunk of military spending (particularly Afghanistan) off the budget and things will look a lot better. It's bad enough we're going to be paying for all the veterans these wars have messed up. We need to budget for that for the next 40 years or so.
Ah right. That's always been the thing here, you can't be seen to be putting income tax up, so we have loads of 'stealth taxes' instead.Quote:
Originally Posted by Starter
yes we understand the problem - so could you pls bring the solution- I think we all need to pitch in and a national sales tax is the only way I can see to get money from all.Quote:
Originally Posted by chuck34
Well tariffs would be nice as well.