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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (523360)1/13/2004 1:13:27 PM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 769670
 
If anybody is asking... I have several 'solutions'.

#1) Comprehensive tax reform: lower rates (particularly on the middle class, which - measured in real terms - has not seen it's income go up since the very early 1970s) and ELIMINATE loopholes and 'special tax preference items' that distort the economic playing field, and move us further away from free markets.

#2) Move to a flat tax rate --- tax ALL forms of income at the same rate... no loopholes or 'national industrial policy' that favor certain industries (usually the old-line established ones who contribute a lot to politicians).

#3) Eliminate the preference in our tax code for debt over other forms of financing.

#4) Crash program to ELIMINATE subsidies. Raise tariffs or non-tariff barriers on foreign countries (EU, Japan) who do not agree to eliminate their subsidies in lock-step with us. Distribute any funds raised by such tariffs to out commodity producers, etc., who are disadvantaged in the markets by foreigners continued use of subsidies. Make sure that if foreigners continue to subsidize they will feel the pain for it until the practices are eliminated.

How's that for a start?