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TopBassDog TopBassDog is offline
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First recorded activity by BoatBanter: Jun 2009
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Default how to save $8 trillion

On Jul 22, 6:08*pm, Florida Jim wrote:
On 7/22/2011 6:54 PM, LilAbner wrote:









On 7/22/2011 3:43 PM, wrote:
On Fri, 22 Jul 2011 12:16:36 -0400, *wrote:


On 7/22/2011 12:08 PM, wrote:
The easy, painless way to save $2T: *PEACE


Each one of the following would save up to $1 trillion, or more, over
the next ten years. Guess what? The teabaggers are opposed to all of
them, including the $2T for not fighting any more wars for a while.


$1T: We could let the Bush tax cuts for the rich expire. * ( No! *No!
shout the Koch brothers.)


$1T: We could let Medicare negotiate the price of drugs, the way that
the VA and private insurance companies already do.


$1T: We could require the rich to pay the same percentage of their
income toward Social Security and Medicare as the poor and the middle
class do. *Not a higher percentage my God, that would be progressive
taxation! *Just the same percentage.


$1T: We could impose the same alternative minimum tax on giant
corporations that we mere humans must pay.


$1T: We could reduce U.S. military spending to a paltry 40% of the
world s total, from the current 48%, which would still leave us
spending four times as much as any other nation.


$1T: We could make Warren Buffett pay the same tax rate on his income
as his secretary pays on hers, by eliminating the long-term capital
gains tax break, the great majority of which goes to the hyper-rich.
You going to get Islamic terrorists, China, Somolia pirates to cut
their
budget too.


Huh? Terrorists are an overblown threat. China is a business rival,
and Somalia pirates have nothing to do with our debt.

You have blinders on.


It deserves a better answer than that. She put a lot of thought into it.


Yes, very deep thought.