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To: SJackson
Easily done. Watch:

Total receipts

Estimated receipts for fiscal year 2007 were $2.4 trillion.
$1.1 trillion - Individual income tax
$884.1 billion - Social Security and other payroll taxes
$260.6 billion - Corporate income tax
$74.6 billion - Excise taxes
$28.1 billion - Customs duties
$23.7 billion - Estate and gift taxes
$48.4 billion - Other

Total spending

The President's budget for 2007 totals $2.8 trillion. Percentages in parentheses indicate percentage change compared to 2006. This budget request is broken down by the following expenditures:

$699 500 billion - Defense(cuts are for expenses of maintaining troops in Europe, Asia, and other places NOT part of an active war zone)
$586.1 billion (+7.0%) - Social Security
$394.5 billion (+12.4%) - Medicare
$367.0 billion (+2.0%) - Unemployment and welfare
$276.4 billion (+2.9%) - Medicaid and other health related
$243.7 billion (+13.4%) - Interest on debt
$89.9 billion (+1.3%) - Education and training
$76.9 billion (+8.1%) - Transportation
$72.6 billion (+5.8%) - Veterans' benefits
$43 2.5 billion (+9.2%) - Administration of justice
$33.1 billion (+5.7%) - Natural resources and environment
$32.5 billion (+15.4%) - Foreign affairs
$27.0 billion (+3.7%) - Agriculture
$26.8 billion (+28.7%) - Community and regional development
$25.0 billion (+4.0%) - Science and technology
$23.5 billion (+0.0%) - Energy

$20.1 billion (+11.4%) - General government

Now, selling off about 99 percent of NON-military-affiliated federally held lands would allow some latitude to get rid of one of the highest pieces of spending left, the interest on the debt... but once the debt is paid, NO MORE, ever. You can see where the Unconstitutional Spending could be dumped with very little impact on your average American, except for a major increase in his personal wealth as he was no longer constrained to pay over half or more of his substance to a bloated and evil government.

73 posted on 10/03/2007 7:50:23 PM PDT by dcwusmc (We need to make government so small that it can be drowned in a bathtub.)
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To: dcwusmc
Easily done. Watch:...Now, selling off about 99 percent of NON-military-affiliated federally held lands would allow some latitude to get rid of one of the highest pieces of spending left, the interest on the debt... but once the debt is paid, NO MORE, ever. You can see where the Unconstitutional Spending could be dumped with very little impact on your average American, except for a major increase in his personal wealth as he was no longer constrained to pay over half or more of his substance to a bloated and evil government.

I am, and again you make my point, Paul's proposals are completely unworkable.

Your version of a Paul "budget" spends $838 billion, on $411.7 in revenue. Doesn't work. Even if one accepts your highly speculative proposal to eliminate all our debt by selling off federal land, to the Saudis I presume, you're still spending almost $600 billion, 50% more than revenues.

As to additional unconstitutional spending, you're spending only on defense, veterans benefits, law enforcement and general expenses. Which of those are unconstitutional?

I should note that if the income tax is unconstitutional, I don't think it is, it's unconstitutional. You can't collect corporate income tax. On the other hand since we will have no active war zone under Paul, he's withdrawing from Iraq, Afghanistan and everywhere else immediately, you could cut defense spending to far less than $500 billion.

In any instance, another source of revenue is needed to replace the income tax, including the corporate tax.

79 posted on 10/04/2007 7:18:36 AM PDT by SJackson (isolationism never was, never will be acceptable response to[expansionist] tyrannical governments)
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