Posted on 07/13/2011 9:00:48 AM PDT by EricTheRed_VocalMinority
Precisely! Political elite (dems, Pubbies, whoever) don’t like flat tax because it comes with a built in ceiling. Flat tax times so many tax payers equals Fed. revenue. Flat tax also also makes it easier to track the money and facilitates having to make decisions on what programs need to be scrapped or other spending put on hold or eliminated.
Of course, an iron clad balanced budget requirement needs to put in place as well.
Governments, like individuals, will occasionally find themselves short of money. This shortfall can be paid for by a one time tax on all tax payers and/or making what ever adjustments are necessary in the next budget.
Bottom line: 1. Unlimited and unaccountable gov’t spending must be stopped. 2. Every wage earner must be taxed—even if it is only $1. 3. Policies and programs that have failed in achieving their stated purpose must be killed. 4. Monies collected for specific purposes must be spent for that purpose. If an occasion arises where one pot must be raided to temporarily fix another pot it must be openly debated and voted upon. 5. Any Congress and president that carries an unbalanced budget for more than two years must resign. The resignation would be effective upon the assumption of office of the newly elected officials.
My point: We either get serious about out of control spending or were doomed to keep going down the road to oblivion.
OK, so Obambi wants “shared sacrifice”. Well, when are the freeloading welfare-sucking deadbeats that make up the base of the democrat party going to start sacrificing?
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