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If you could do just one thing?

Posted by $ KSilver3 10 years, 1 month ago to Government
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So, fellow objectivists, we all agree we are heading in the wrong direction. Here's an interesting exercise. If you could enact one change right now to begin to turn the ship of state in the right direction, what would it be. I'm torn between reinstituting the gold standard for currency (and in doing so, eliminating the Fed) and the REINS act.


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  • Posted by Bob44_ 10 years, 1 month ago
    I would fire every democrat politician in the nation and take my chances on the rest.
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  • Posted by XenokRoy 10 years, 1 month ago in reply to this comment.
    State Sales tax, but only state sales tax. In my example the fed would have a 35% sales tax and the state 15% (which is about the percent of GDP each is taxing now) on the sale of all goods. The 15% state number is based on Utah's total taxation, other states will be higher or lower....

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  • Posted by Herb7734 10 years, 1 month ago
    I'd make every institution, every committee, every panel, every elected official, every non-elected official in Washington fully transparent at all times, not just when an inquiry is made. Penalty for non compliance immediate and severe. It's a pity that such a thing would even need to enter the consciousness, but that is our present condition; the lack of honor among men.
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  • Posted by sumitch 10 years, 1 month ago in reply to this comment.
    With the 2/3 requirement I would consider it. Without it all that would happen would the congress would raise taxes any time they wanted to and by any amount.
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  • Posted by sumitch 10 years, 1 month ago in reply to this comment.
    I know that Texas is catching it because so many companies are moving here.

    GAWD bless Texas.
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  • Posted by sumitch 10 years, 1 month ago in reply to this comment.
    All that would happen if the states were paying taxes is that they would raise the tax rate on citizens to pay for the federal governments unpaid mandates.
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  • Posted by handyman 10 years, 1 month ago
    I would begin a process to start decoupling governments (federal, state and local, in that order) from education. One step, for example, might be to allow payers of property taxes (that portion allocated to education) to designate the recipient (student or school) to receive those funds. If the taxpayer does nothing, the tax funds continue as before by default. This, of course, would not produce constructive results in the near term, but over time should lead to creative and relevant educational options.
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  • Posted by $ Snezzy 10 years, 1 month ago in reply to this comment.
    Yes, but that's the same idea my wife told me two years ago. You've been reading her mind!
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  • Posted by SaltyDog 10 years, 1 month ago in reply to this comment.
    Respectfully, that's not quite right. Tariffs were the first form of revenue for the Federal government, but an income tax was passed but never implemented during the War of 1812. The next two income taxes were enacted to fund the War Between the States. The 16th Amendment wasn't adopted until 1913, some 60 years later.
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  • Posted by GaryL 10 years, 1 month ago
    Bring back the draft or do as Israel does and make every Mind filled with Mush serve this country and gain the understanding that freedom is not free!
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  • Posted by Ranter 10 years, 1 month ago
    Gold standard! It would not exactly eliminate the fed, because there would still need to be a national clearinghouse for bank-to-bank transactions and overnight funds, but it would eliminate the ability of the government (through the Fed) to manipulate the economy for political gain. One caveat, however: the government would have to have enough gold to back the dollar, and I am virtually certain that it does not have that much gold at present.
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  • Posted by XenokRoy 10 years, 1 month ago
    Simple.

    The greatest impact with the simplest change.

    Eliminate all taxes except for tariffs on imports and sales tax. Remove them all at both the state and federal level.

    Sales tax would be the same percentage for everyone regardless of income. NO other tax exists. No tax code at all, no deductions.

    Business simply collects the sales tax on all goods sold and sends it in to local state and federal and your done.

    Very little to no IRS. All investment and property taxes are gone. The economy would take off and growth would be very strong.

    Perhaps more importantly the amount taxed would be highly visible to everyone. If the federal government charged 35% sales tax and the state 15% you would buy an item for $100.00 and pay 150.00 for at the check stand. The visibility of the level of taxation would change everything else. People would demand it.

    In particular the ability to manipulate the useless idiots into voting for what the people in favor of giveaway programs would be hard pressed to convince those people that an increase in the sales tax was required.
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  • Posted by jsw225 10 years, 1 month ago
    Repeal the 16th Amendment. If the largesse of our current predicament could be tracked to a single event, it was this Amendment.

    Contrary to popular belief, the 16th Amendment doesn't make Income Taxes legal. It was always legal from the beginning. The catch was that Income Taxes collected needed to be spent on everyone equally.

    It's no coincidence that when the government could spend Income Taxes on whatever they wanted that things went nuts.
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  • Posted by Rex_Little 10 years, 1 month ago in reply to this comment.
    Originally that's the way it was--the states paid taxes to the feds. The amendment changed that; repealing it would restore the prior status.
    .
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  • Posted by eddieh 10 years, 1 month ago
    Pass two amendments,
    1. Term limits on all members of congress.

    2. All spending bills must be accompanied with a method to fund it and must be a stand alone bill
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  • Posted by SaltyDog 10 years, 1 month ago in reply to this comment.
    Not repeal it. Amend it so that the states themselves would be the taxpayer.

    The Federal government would still be in the position of having to collect import duties, tariffs, and things of that nature which the states would be unable to do by themselves in any kind of equitable manner.
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  • Posted by SaltyDog 10 years, 1 month ago in reply to this comment.
    Actually they are.

    If the particular state legislature would realize that they were going to lose citizens, both private and corporate, they might just also realize that THEIR lavish compensation would also be threatened. It's easy to go along when you have no skin in the game; it's something else entirely when you must risk YOUR hide at the point of attack!
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  • Posted by $ jbrenner 10 years, 1 month ago in reply to this comment.
    Actually the states are no longer in a good position to fight the government anymore. Just ask Arizona or Texas. Such rights got stripped away completely when senators got elected through popular vote.
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  • Posted by jerryconn 10 years, 1 month ago
    Throw everyone out in all three branches, pull out the original documents and rebuild.
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  • Posted by CircuitGuy 10 years, 1 month ago
    I would require that all income taxes be paid by check, e-check, or cash each month.
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