Ron Paul has a Big announcemnt on Monday in Nevada!

[Shane Harris]

It needs to have a catchy name, like 000 or 007 or something.

clearly. the american people are desperate for a real solution and serious economic plan AS LONG AS IT IS LESS THAN THREE EASY SYLLABLES (999)

 

[Bobcat]

No transition plan is acceptable.

Immediately, the income tax must be abolished, replaced with nothing.

There is no compromise on the above.

 

[louisiana4liberty]

I think he will take a measured approach...such as:

1) closing large non-strategic bases overseas immediately
2) 1% across the board cut in all expenditures per year
3) a balanced budget
4) closing at least 1 dept, maybe Commerce or Education
5) begin transition to a currency backed by some store of value, likely a combo of metals like gold/silver/platinum
6) squash the trade agreements
7) open up oil and gas drilling
8) end all corporate taxes for the manufacturing industry
9) end Obamacare immediately
10) end foreign welfare
11) bring troops home as quickly as possible, approve compensation for transitioning soldiers to enter the civilian workplace
12) place troops strategically along the borders (strong defense)

 

[NaturalMystic]

reopen or build 1 base at home for every 2-3 closed overseas in order to provide for a stronger national defense what could a neocon say about that. Not 500 bases closed tomorrow but set a goal of 100-150 per year, but just exceed the goal because we are so exceptional

 

[Bobcat]

Income Protection Act

A) Abolishes the income tax, and replaces it with nothing.

- All tax debt is also forgiven.
- IRS is abolished.
- All IRS assets (buildings, equipment, computers, and so fourth) are sold.

B) Installs no new taxes.

- No new taxes to replace the income tax.
- Forbids any new taxes.
- Only allows tax reductions.


C) Reduces government dramatically.

- Brings home troops from around the world.

- Abolishes DEA, legalizes marijuana and hemp on a Federal level.

- A trillion dollars in other cuts.

 

[Danke]

Some rich people re-invest everything in their business or their investments. Warren Buffet is one such person. He lives in the same Bungalow he bought in the 50's. He trades cars every 10 years. He may be insanely rich, but I don't think he should be taxed very much, because he personally does not benefit from it.
Movie stars, sports celebrities, trust kiddies, etc need to be taxed to the max, unless they change their ways and invest instead of spending on frivolities.
I want to see a tax system that encourages investment and discourages wasteful spending.

Ya, and he stayed with his loving wife until she died. Oops, he played the field all along.

The myth is BS about Warren.

 

[crhoades]

I would crack up if he just held this up and said here is my plan. Or at least give it to Herman Cain as a reading assignment!

 

[slamhead]

I might have to blow off a commitment and ride my harley out there to attend.

 

[gerryb]

Be prepared for attacks from the left now...

If Ron is sticking by a balanced budget in the first year... there's gonna be a lot of crying.

 

[PeacePlan]

reopen or build 1 base at home for every 2-3 closed overseas in order to provide for a stronger national defense what could a neocon say about that. Not 500 bases closed tomorrow but set a goal of 100-150 per year, but just exceed the goal because we are so exceptional

He needs to do something like this to help create jobs here. Most people are worried about jobs and if all he says is cut cut cut it won't fly. Tell the people of Michigan you plan to close 10 bases overseas and build 2 in their state and watch the Michigan support for Ron Paul grow. Now that would be something they would understand.

 

[slamhead]

Honestly, although many espouse this idea, how does it work?

Even if the Federal Government is scaled back to its skin and bones...where does the revenue to run it come from? We'll still need defense, etc.? I need this answer to debate people against Paul as well.

The federal income tax is only 1/3 of the fed's revenue. The rest of the revenue comes from tariffs and such. If we cut back 1/3 we don't need any tax. Cato did a study last election where they concluded that if we were to cut the federal government back to the year 2000 and end the IRS we could have a balanced budget with only a 1% VAT tax. Ron Paul wants to replace the Internal Revenue Service with NOTHING, which may make some people weary.

 

[Bobbe22]

This was coming as I noted in another thread. He mentioned it in one of the articles from ronpaul2012.com...

"...I look forward to presenting the public with a plan in the coming weeks to return us to economic prosperity and get America working again.”

Laying the foundation. Hopefully this will get some positive news on our side and create some momentum. And it's a day before the BTO.

I hope it nets us ANY amount of news at all!

 

[Bobbe22]

Federal Reserve audit has to be top priority for Ron after bringing the troops home, but don't forget about repealing drug prohibition. Didn't work with alc, doesn't work now, and any boost to the economy will help.

 

[slamhead]

http://www.usgovernmentspending.com/federal_budget_fy12bs12011n_405060001020#usgs302

Department of Education - $129.8B
IRS Operating Budget - 12.5B
Department of Comerce - 10.1B
TSA - 2.5B

There is $154B right off the top. Only 750B to go.

 

[1836er]

A hunch is the economic plan will be to close all bases around the world immediately and bring service men back to USA. The savings from doing so would help shore up Social security and medicare for the seniors (big win for votes right there). He has mentioned this in the past but without much detail how it would be done. It would be the real deal. That sounds catchy eh?

The only way I could go along with this plan (shoring up SS/medicare with funds not spent elsewhere - which actually can't be done since algore's "iron clad lockbox" doesn't really exist) would be if it were conditioned upon approval of a plan to phase those programs (along with the rest of the federal welfare state) out over a reasonable period of time.

 

[Havax]

Eliminate the income tax and IRS.
Eliminate the corporate income tax.
Eliminate the capital gains tax.
Eliminate the estate tax.
Eliminate the payroll tax.
Replace them with nothing.
Bring all the troops home.
Shut down all the foreign bases.
End all foreign aid.
Eliminate The EPA.
Eliminate The TSA.
Eliminate The Department of Education.
Eliminate The Department of Commerce.
Eliminate The Department of Energy.
Repatriate the revenue spent on these things by using half of it to eat into the national debt and the other halfto be returned to the taxpayers directly.
Drill for oil at home immediately.
Place a moratorium on any new regulations and reevaluate all current ones with panels of small business owners.
End "isolationism" by trading freely and openly with foreign countries.
Audit The Federal Reserve and legalize competing currencies.
Balance the budget in 2013 and submit a balanced budget amendment to the U.S. constitution.

 

[S.Shorland]

It's a sad indictment that people have been brainwashed into not thinking logically about econimics in their own lives.We should all be able to write down the 'plan' on the back of an envelope in five minutes.The answer is completely simple.

 

[Tinnuhana]

Many bases in the states are under-utilized now. So those bases wouldn't take much to get up and running again. Before 9/11, we were doing some downsizing in Europe. One hang-up is impact on the economies where the bases are located. Okinawa's economy is very dependent on the bases. The US military created that dependence. Many of us live off base and the US pays the landlords about three times what they would get if a national was renting. So the landlords will take a big hit. Of course, with the yen rate at 75, they are sort of being weaned off the US business because a lot of people don't bother going off base to shop anymore.

 

[The Gold Standard]

A President Paul wouldn't be able to cut taxes at all unless he wants to sign an unbalanced budget. The entitlements he said he wouldn't take away from people that are dependent are going to cost $2.1 trillion next year, which is almost exactly the revenue the federal government brings in. That doesn't even provide for a military or interest on the debt let alone money to start building bases here, which he wouldn't do anyway. It would take away resources that are desperately needed by the private sector. This is why it is so critical we elect Ron Paul because he is willing to cut from everything, which must be done to avoid disaster in the near future.

He is going to have to eliminate everything from the government and cut a few hundred billion out of the entitlements to provide for a military.

If he either passes his competing currency bill or just pressures the Fed for stronger dollar policies, interest rates will absolutely rise on the national debt in the short term, so just balancing the budget won't be good enough, we will need to start paying off principle. If the rates rise too much though then the federal government will default and that would be a mess, though not the end of the world. Hopefully getting our house in order will keep rates low enough.

All of this doesn't even consider cutting taxes. He could clean up loopholes and corporate welfare and restructure the rates to be revenue neutral, but he can't forsake any of that revenue unless he can find a way to make huge cuts to entitlements. I'm anxious to see what he came up with.

 

[sratiug]

The Triple Ought Buck-Shot Plan... it shoots down inflation and restores the dollar.