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Old 10-18-2011, 12:10 AM
 
Location: Atlantis
3,017 posts, read 3,266,400 times
Reputation: 8824

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Keep the deduction for businesses that have actual expenses related to running and operating a business and go ahead and keep the Schedule A deduction for medical expenses above a certain amount per year since medical costs in this country are out of control.

However -

End every other single "deduction" in the tax code (and that will keep the liberals happy since they seem to think that the 1% have a ton of deductions, whatever.)

And the US budget will be balanced within 3 years. End of story. Don't argue that the economy will collapse even further if the deductions are not available because any economy and/or tax system that is based on those deductions is not working anyway and its all a shell game once you review the tax code closely.

So that includes mortgage interest deductions on homes which is nothing more than a subsidy for home owners and an incentive to take out a huge loan for a house you can't afford rather than buying one within your budget.

End the insane child deductions and credits. Society shouldn't have to indirectly subsidize the fact that some people breed. If you can afford to fck, then you can afford to raise the end result of your orgasm. Seriously if someone that makes over $100k a year gets a tax deduction or credit for a child, then they should either pay for the kid or they should have not had sex to begin with. Go ahead and scrap the "child care expense" deduction to. WTF is up with that? If you want to see riots in the streets - take away child deductions and tax credits from people that do not need them, and they will absolutely freak out. Since when does breeding give someone the right to pay less in taxes or worse get money back because they created something the tax code attaches a monetary value to?


End federal funding of universities. (including financial aid, pell grants)If the degrees they were giving to students that show up for four years to study anthropology, history or communications were that valuable, then let people pay for them with their own money.

No more social services for people that committed a felony and broke a federal law when they entered the country. It's called illegal immigration because it's illegal. Stop giving them free medical care, education for their kids, and social services and the quality of their lives will drop to the level it was in the country they came from and they will go home.

And if possible, the US needs to get out of foreign countries and stop bombing the hell out of people in the middle of the desert that have been so busy fighting each other for the last 500 years they hardly have time to mount a legitimate attack on the US as a military power. As for 9/11. About 3,000 people died in those buildings because the government was taking a nap and could have prevented it. 28,000 children in third world countries die each day due to lack of food, preventable diseases and clean water. Remember . . . . Never Forget that.

Do all that, and it isn't even that much - and the budget will be balanced withing three years.

Problem solved

Last edited by Skydive Outlaw; 10-18-2011 at 12:33 AM..
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Old 10-19-2011, 07:52 AM
 
Location: Forests of Maine
30,678 posts, read 49,430,310 times
Reputation: 19129
Quote:
Originally Posted by Skydive Outlaw View Post
Keep the deduction for businesses that have actual expenses related to running and operating a business and go ahead and keep the Schedule A deduction for medical expenses above a certain amount per year since medical costs in this country are out of control.
We run various business enterprises. So we file schedule 'C's, 'E's, and 'F's every year; which accounts for much of our tax write-offs.

Medical expenses are out of control. Though I think that focus needs to be placed on why it is out-of-control and fixing that.



Quote:
... that includes mortgage interest deductions on homes which is nothing more than a subsidy for home owners and an incentive to take out a huge loan for a house you can't afford rather than buying one within your budget.
I do not agree that this is a subsidy.

I think it could be addressed better by re-regulating banks into no longer loaning money to those who do not qualify.



Quote:
... End the insane child deductions and credits. Society shouldn't have to indirectly subsidize the fact that some people breed. If you can afford to fck, then you can afford to raise the end result of your orgasm. Seriously if someone that makes over $100k a year gets a tax deduction or credit for a child, then they should either pay for the kid or they should have not had sex to begin with. Go ahead and scrap the "child care expense" deduction to. WTF is up with that? If you want to see riots in the streets - take away child deductions and tax credits from people that do not need them, and they will absolutely freak out. Since when does breeding give someone the right to pay less in taxes or worse get money back because they created something the tax code attaches a monetary value to?
Keep in mind that 'child deductions and credits are phased out for everyone who earns over $150k, due to the AMT.

I have nothing against 'breeders' as a whole. But specifically those who breed with the intent of going on welfare. I rather like 'quiver-full' families.

I agree that the government should no longer feed people simply because they crack out children. This is a post-FDR symptom in our society.



Quote:
... End federal funding of universities. (including financial aid, pell grants) If the degrees they were giving to students that show up for four years to study anthropology, history or communications were that valuable, then let people pay for them with their own money.
Again this is a post-FDR symptom. Education was not always public-funded. This is a 'new' thing in our culture.

I think that only degree fields with 'shovel-ready' jobs have any funding. Also only students who have been pre-screened to have an aptitude for the job should be selected for the education. The UK is an excellent example of this type of system. The only time a degree major is offered [and public-funded] is when you can demonstrate that job openings exist; and even then only screened candidates can apply for the training.



Quote:
... No more social services for people that committed a felony and broke a federal law when they entered the country. It's called illegal immigration because it's illegal. Stop giving them free medical care, education for their kids, and social services and the quality of their lives will drop to the level it was in the country they came from and they will go home.
I agree.



Quote:
... And if possible, the US needs to get out of foreign countries and stop bombing the hell out of people in the middle of the desert that have been so busy fighting each other for the last 500 years they hardly have time to mount a legitimate attack on the US as a military power.
Nearly everyone in the military agrees.
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