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To: zeugma
> "The real solution is to dump the income tax completely by repealing the amendment that authorized it, and going with a straight national sales tax."

Almost correct. Fix your sentence to state:

The real solution is to dump the income tax completely by repealing the amendment that authorized it, and going with a straight national RETAIL sales tax.

> "I figure 10% would be about right, because God only asks for 10% and the government surely doesn't deserve more than God. If that's not enough money to run operations, then it is time to take a chainsaw to departments and agencies until it does."

Fine 10% it is except you will need to cut everyone's social security check in half or extend the retirement age to about 95.

You're smart enough to see that more work needs to be done rather than just blowing hot air about the level of tithing etc. I'm not criticizing you so much as I am egging you on to think and work further because you're on the right path.

29 posted on 09/29/2015 8:11:32 AM PDT by Hostage (ARTICLE V)
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To: Hostage

The retirement age should be around 80. When the age was first set, average life expectancy was about 45-50. The vast majority were never expected to get SS. It was also meant as a supplement as opposed to being one’s only means of support. Additionally, SS is at least theoretically separate from the rest of the budget, wit separate funding schemes. Granted, it was designed as an unsupportable Ponzi scheme, but we are faced with that unfortunate fact regardless of what we do about the income tax.

I could easily support IRA-like mechanisms to get folks to take more responsibility for their own retirement. The whole issue of SS is a major can of worms because of the propaganda that has consistently been spread about it essentially since day one.


31 posted on 09/29/2015 8:26:34 AM PDT by zeugma (Zaphod Beeblebrox for president! Or Cruz if Zaphod is unavailable.)
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