Nancy Pelosi has spoken
once again. I saw her on Charlie Rose; she was asked if a VAT tax would be
something that she would look at. She stated basically that any tax is worth
looking at. Now this is what America needs at this time is another tax to
further the agenda of the liberal left. Our budget for this year is 1.2 trillion
dollars. We have a 13 trillion dollar national debt with future payments close to
70 trillion. This is no time to find new ways to tax the American
Citizens.
We have lost over a
million jobs this year. The unemployed in Nevada is now over 13%. Small
businesses are suffering throughout the nation. A good majority of small businesses
have gone out of business because of the lack of customers. The ones who have
managed to stay open are operating with 50 to 60% less volume then they had the year
before.
We could look into
changing the tax system to help the employers make it through the tough times
ahead. Here’s a thought, why not do away with the income tax on wages and have a
consumer tax that everyone would pay according to their needs. We should not be
taxes our services should we? We could enact an 8% federal tax on spending which
would amount to a net tax collected each year of approximately 1.2 trillion based on the
CBO’s projections of GDP. This would be close to or even above the current taxes received
from wages.
Or, maybe we could
approach the subject of the governments spending on waste and fraud. The CBO
estimates the waste and fraud amounts to about 10% in almost every entity that the
government has its hands in. With 100 billion in waste just on the budget for this
year we could reduce the national debt and the taxes you and I pay into the federal
government.
Why don’t we hire a
purchasing agent from a private industry to purchase the goods for WE THE PEOPLE? I
worked in the retail industry and know many agents that could work out fabulous deals
when purchasing machinery, equipment, paper, desks, etc…... you get the picture.
The days of six hundred dollar hammers and thousand dollar toilet seats are over. We need
to take responsibility for our actions and do what is right for our country.
We need common sense
approaches to the issues that will result in a smaller less intrusive government, lower
taxes and maybe we could even have a Congress with a higher approval rating than the
current 21%.