Check out this link from the NYT... and interactive fix the deficit program: http://www.nytimes.com/...
At first I thought this was right tilted and had no hope... but then I decided to bring estate taxes and cap gains back to 1999 (which would not even budge my taxes or 90% of Americans by more than few bucks) and Hola! I just reduced the deficit by half.
OBAMA, get your progressive boots on and start the message. We need Progressive SANE tax policy for the benefit of ALL Americans.
OBAMA, get your progressive boots on and start the message. We need Progressive SANE tax policy for the benefit of ALL Americans.
The link points to my solution and perhaps some of my choices might be troublesome to some.
Here's a highlight:
(1) return estate taxes and capital gain to 1999 levels (which would encourage reinvestment not liquidation and cash hording),
reduce army in Iraq to 60,000 by 2015 (I'd like full out but this would be cool)) [Big One]
(2) no more fossil fuel or farm subsidies (projected to help small farmers as corporate farms get the most subs),
(3) reduce use of federal private contractors (screw blackwater),
(4) eliminate tax loopholes for corp & business (sorry CPA friends) but also reduce over all rates for everyone by 5-7%, [Big One]
(5)phase out mortgage deductions for families making over $150K,
(6)Soc Sec applies to all income (no $106K cap)
(7) raise Soc Sec to 70 (sorry Boomers, that's just desserts for raising the drinking age to 21 when I was 12)
OHH and 100% Student Loan Interest deductions!!!! not listed but this is Priority #1 to GET OUT THE VOTE
Gen X and Gen Y takeover baby... Let's put the "Mommy and Daddy Parties" into the Home where they belong!!