Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: DuckTapeSunroof who wrote (683481)	5/25/2005 9:56:58 AM
From: Peter Dierks	Read Replies (2) \| Respond to of 769670

There are several Constitutional Amendment avenues that would improve the situation. Spending Limit: .-.The federal government could spend no more than 10% of the GDP. You could define it and say that Defense cannot spend more than 4% and non-defense cannot spend more than 6% Revenue Limit: .-.Repeal Income Tax. .-.Limit percentage of income subject to tax to say, 100%. .-.Define income that is taxable. For example, exclude capital gains from taxation. Balanced Budget Amendment: .-.Just say the budget has to balance and hope they don't overtax us to fund profligate pork. Term Limits: Kick the bums out and make a new set of bums learn the ropes every term or two. Include a ban that includes REpresentative, Senate and Presidency. Residency restrictions: No person can live in, or work in the D.C. area for more than 12 years in their life. Appointment Restrictions: Limit the total number of years any one person can serve in appointed federal positions. We used to keep the federal government poor. Then we opened the flood gates and allowed them to tax income. Government appetite for additional tax revenues is limitless.