“What are the USA’s total assets? Land, property, resources owned by the people and by the government?”
We’re just **renting or leasing* now. Too much credit to the wrong people have created this mess.
We have 2.3 billion acres of land in the USA
U.S. households’ total net worth $57.72 trillion
This doesn’t count the dollar amount of assets (land property buildings)held by corporations, federal government, state government, city governments.
Seat of the pants guess? Another 50 trillion dollars in assets maybe?
How many trillions are in offshore private accounts? How about the dollars invested in other countries by our corporations?
Get rid of our corporate tax. Corporations do not pay taxes, the consumers of the corporations products pay corporate taxes.
The fair tax will let us grow out of our current economic difficulties. Corporations will create more jobs than we know what to do with if the penalties of success are removed. The economic boom that has happened in Ireland came about by them cutting corporate taxes to 20%. Ours are 39%. Lets cut them to zero before some other country does and we lose every bit of our manufacturing.
Imagine no capital gains tax.
Imagine no tax on savings.
Imagine no payroll tax and getting 100 percent of your paycheck.
Imagine a drastic reduction in time spent pushing paper to appease butt-head bureaucrats.
Imagine tens of thousands of IRS employees seeking productive work in the private sector.
Imagine the end to social engineering with our tax laws.
Imagine ripping the power from our congress critters that have proved themselves incapable of spending our money wisely.