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Thursday, February 28, 2013

My Sequester Solution: 100% Tax on Excess Revenue

So think about  ....

Lets think about it for a moment folks
Most private citizens have been sitting in the crapper for almost 30 years.  Our wages have been stagnant while our household expenses have sky-rocketed.  Almost every household in the US (except the 1%) are dealing with deficit-spending.

Because we have no lobbyists that work for us (and it's evident that most of our state and federal legislators don't either) - we have gotten screwed financially for the last 30 years.

Lets think about it for a moment folks
Taxes for the Federal Government are essentially revenue to keep the business/government operating.

RepubliCONs don't want to raise more taxes (revenue) for the government - to keep the business operating.

Yet
RepubliCONs readily and eagerly accept PAC money that goes into their re-election coffers - as revenue to keep their re-election business operating.

Lets think about it for a moment folks
Anyone in business will tell you - that revenues need to increase in order for the business to keep up with operating expenses.

EVERY Business knows that and will accept that fact.

RINSE AND REPEAT
Anyone in business will tell you - that revenues need to increase in order for the business to keep up with operating expenses.

EVERY Business knows that and will accept that fact.

Lets think about it for a moment folks
If we can not increase revenues (taxes) to cover the operating expenses of government  ... then
   NO ONE should be allowed to increase their revenues.
   NO legislator can accept any additional revenues to their campaign funds.
   NO private business can accept any additional revenues to their business.
Every legislator and every private or public, for profit or nonprofit business
should NOT be allowed to generate any additional revenue
- that is higher than their revenue in, say 2008.

Gross Revenue 2012 - Gross Revenue 2008 = Excess Revenue (for most)
We're not going to let you dink around with using net income after lobbying and CEO bonuses.
We're talking change in Gross Revenue.


If one business sector (the government) is forced to suffer - no new revenue - ALL sectors should be forced to suffer with - no new additional revenue.

Because most of legislators are too lazy, too childish or too dumb to figure out what should be done - here's my solution

Lets think about it for a moment folks
My Solution
 ANY business - large, small, medium
    even the ones with off-shore bank and corporation accounts
ANY legislator - state or federal
    even the ones with off-shore bank accounts
ANY nonprofit - ALL of them
    even the ones with off-shore bank accounts
ALL churches
    even the ones with off-shore bank accounts

whose 2012 and beyond, revenue
exceeds their revenue as stated in 2008
  must pay 100% taxes
  on any additional revenue taken in
  over and above the revenue reported in 2008.

If the government is not allowed to increase revenues to cover operating expenses.
NO business should be allowed to increase revenues to cover operating expenses.
DONE!

If and when, the government is allowed to increase their revenues to cover operating costs.
Then and only then, will businesses be allowed to increase their revenue over 2008 levels, to cover operating expense - without paying 100% additional tax on excess revenue.

Austerity - just not for government anymore.
  Most working folks won't be hurt by this.
  Most social welfare nonprofits will not be hurt by this.
    Because - we've already been getting screwed financially for 30 years.
    We already know what deficit spending looks and feels like.
Now everyone else - can join us.










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