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An executive order to implement a 1 year tax holiday and 1 year regulation holiday. Zero income tax, zero sales tax, zero property taxes, etc. A complete tax holiday of all taxes. Also zero regulations on businesses for an entire year.
Great. My issue is that if no one is regulating anything, I sure as hell am not going to take a chance on buying anything, either.
An executive order to implement a 1 year tax holiday and 1 year regulation holiday. Zero income tax, zero sales tax, zero property taxes, etc. A complete tax holiday of all taxes. Also zero regulations on businesses for an entire year.
Great idea, where do you live? I have a load of nuclear waste that needs disposal...
An executive order to implement a 1 year tax holiday and 1 year regulation holiday. Zero income tax, zero sales tax, zero property taxes, etc. A complete tax holiday of all taxes. Also zero regulations on businesses for an entire year.
I am a libertarian, I am all for very very low regulation and no taxes. That being said, with no tax revenue for a year, about 3 million federal workers would be unemployed.
With states rights issues aside, if the Prez somehow could order a halt in in sales and property taxes (which is impossible) but for the sake of augment, that would mean all state and local employees would be out of work, millions of more unemployed.
No teachers, no courts, no police, no fire department, no military, no post office. The list goes on and on. Oh, and no social security checks for the seniors.
No public services of any kind and perhaps 22 million out of work overnight.
All this to create one million jobs, how exactly do you come up with that number?
Only way I could see this working would be a tariff on Chinese goods and foreign oil and other imports to offset the lack of tax revenue. Not sure if that would balance out.
As a slow transition I am for it. Lets get the revenue from other countries not our people. Like it used to be before federal income taxes.
Last edited by Winkelman; 09-07-2011 at 10:10 PM..
I am a libertarian, I am all for very very low regulation and no taxes. That being said, with no tax revenue for a year, about 3 million federal workers would be unemployed.
With states rights issues aside, if the Prez somehow could order a halt in in sales and property taxes (which is impossible) but for the sake of augment, that would mean all state and local employees would be out of work, millions of more unemployed.
No teachers, no courts, no police, no fire department, no military, no post office. The list goes on and on. Oh, and no social security checks for the seniors.
No public services of any kind and perhaps 22 million out of work overnight.
All this to create one million jobs, how exactly do you come up with that number?
Only way I could see this working would be a tariff on Chinese goods and foreign oil and other imports to offset the lack of tax revenue. Not sure if that would balance out.
As a slow transition I am for it. Lets get the revenue from other countries not our people. Like it used to be before federal income taxes.
The millions of workers laid off by the government will be absorbed by the private sector. Any government job cut creates two private sector jobs.
The millions of workers laid off by the government will be absorbed by the private sector. Any government job cut creates two private sector jobs.
How's that working out for ya? The amount of gov jobs has been shrinking under Obama. Where is the private sector and all those those great jobs? It's not going to happen and you are living in a fantasy world.
And now you know why politicians and much of the public are so hostile to public-sector unions -- because they are protecting what has become a privileged class who have helped themselves to twice the pay as the people who are paying their salaries.
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