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Political Discussion
Reply to "How can we reduce the national debt by $1 trillion?"
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[quote=Anonymous]It’s not going to be one thing. One is to lift the annual cap on social security taxes on wages. That would affect me, but I already don’t miss the money from the paycheck, so that will put more money to pay for that huge expenditure. The next thing is to figure out how to get more revenue from passive income, or from people who do not live off of salaries and wages. Yet another thing is to change the code of tax benefits to corporations to tie them to things in the public good, not shareholder profits. So you get a tax break for opening a plant inside the US that creates jobs. As a US taxpayer I don’t care if a company’s shareholders make a profit. I wish them well, but you shouldn’t be using my dollars or taxing me more to get there. Trickledown economics is a bankrupt ideology that no one serious believes in. There can be a slight effect if the trickle down is directed into very specific things. It is in my interest and in the interest of national security to have good paying jobs for the population. Underemployed populations create security issues. [/quote]
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