http://online.wsj.com/article/SB123621161271234665.html
There is going to be yet another grand lesson learned by the US public....
The message is this....
The government does not create revenue....they are a parasite to those that do....
The government is supposed to regulate the actual producers....not act as if it were a producer....
..........................................................................
The remedy....
The immediate downsizing of government to match those revenues which are honestly garnered and fitting to society....
............................................................................
The issue at hand is an immediate fast track to true wealth building ....not the shifting around of wealth that is still present and dwindling....
....................................................................
Herewith lies the solution....
Once upon a time there was a 1,000,000 people and 100 companies....
They have to choose between Country A and Country B....
It is important to all to produce the most wealth and best form of government....
Country A offered....
1) Progressive individual tax 10-38% via IRS
2) Progressive corporate tax 10-28% via IRS
3) Excessive legal largesse
4) Government has rights to issue debt beyond its means
5) Fiat currency
Country B offered....
1) No individual or corporate taxes....no IRS....
2) 10% consumption tax on products classified as consumable....
3) Proper but not excessive capitalistic regulations
4) Government has no debt issuance priviledges
5) Currency via the gold standard
So the question is....
Which country will the individuals and corporations choose ?
A or B ?
There is going to be yet another grand lesson learned by the US public....
The message is this....
The government does not create revenue....they are a parasite to those that do....
The government is supposed to regulate the actual producers....not act as if it were a producer....
..........................................................................
The remedy....
The immediate downsizing of government to match those revenues which are honestly garnered and fitting to society....
............................................................................
The issue at hand is an immediate fast track to true wealth building ....not the shifting around of wealth that is still present and dwindling....
....................................................................
Herewith lies the solution....
Once upon a time there was a 1,000,000 people and 100 companies....
They have to choose between Country A and Country B....
It is important to all to produce the most wealth and best form of government....
Country A offered....
1) Progressive individual tax 10-38% via IRS
2) Progressive corporate tax 10-28% via IRS
3) Excessive legal largesse
4) Government has rights to issue debt beyond its means
5) Fiat currency
Country B offered....
1) No individual or corporate taxes....no IRS....
2) 10% consumption tax on products classified as consumable....
3) Proper but not excessive capitalistic regulations
4) Government has no debt issuance priviledges
5) Currency via the gold standard
So the question is....
Which country will the individuals and corporations choose ?
A or B ?