This is complete nonsense. Let’s just simply look at number 1, which is “Individual and small business tax avoidance costs us $450 billion.” How does this COST us $450 billion? And who does it cost?? Are the poor and Liberals that greedy that they have already predetermined how much of a business’s money belongs to them?? Why don’t they actually try getting a job with the small business instead of demanding more taxes in order to support their welfare checks and other entitlement programs?? All the businesses will do is raise their prices by $450 billion. A better question might be, what would the government do with an additional $450 billion?? Likely use it to buy votes. And if the government did raise taxes by say, $1 trillion, how would people react when the cost of the goods and services we buy go up by $1 trillion?
In addition to COST, I am also amused by saying that a percentage of the country CONTROLS a certain amount of money. If this is the case, the poor control a large percentage of the poverty and a large percentage of the entitlement programs and a large percentage of troubled children. With that said, here’s the million dollar question….would America be better off with more rich people or more poor people aka socialist moochers? I mean seriously, if we are going to start cutting spending, it makes sense to cut welfare spending, Medicaid, section 8 housing, education, etc before we start cutting spending on police and firefighters.
What gives the bottom 50% the idea that we are better off keeping them around in the current form and continuing to subsidize their poor decisions in life?? As far as Geonomics, I think we all can tell how that would turn out.
1) Everyone is ordered to pay X% of tax per every tenth of an acre they own.
2) Along comes a poor man who’s poor wife has caught the pregnancy virus for a fifth time and he can’t afford his taxes. He is given a free pass and no longer pays taxes.
3) Along comes a rich company looking for a break. They claim they shouldn’t pay as much for some reason or another (Starbucks did this when they claimed that since they were manufacturing, they should have to pay a lower tax rate). Then they get a break.
4) Taxes and prices of goods and services go up as businesses and landowners are squeezed to make up for lost revenue.
5) Repeat steps 1-4
Hats off to the person on this board who said “the problem isn't revenue. it's spending.” It’s too bad we couldn’t just cut spending.