07 April, 2011

Thursday, April 7th

Just a Thought

When Ronald Reagan came to office the country was a mess, even worse than now.  Unemployment wasn;t as high, but it was close, however, inflation and interest rates were much higher.  What di Reagan do to invigorate the economy?  CUT TAXES.  He reduced 7 tax codes to 3.  The rates were 15%, 25% and 35%.  Quite frankly, I would have preferred 10%, 15% and 20%.
However, perhaps we are looking at this all wrong.  Maybe what we need to do is have those rates at 20%, 15% and 10%.  Think about it, you have a family of 4, an un wed mother and three bastard children.  She is able to live off Welfare.  What incentive is there for that person? 
Now, tax her at 20% and let me tell you, she is going to find a job that pays more so that she pays less to the gov't. and takes home more.
Meanwhile, the wealthiest 1% is only paying 10% in taxes freeing up a tremendous amount of venture capital to perhaps spur on that poorest 10% of the population.
Just a thought.

GOP offers One Week Extension to Avoid Gov't. Shutdown: Reid and Obama say no!


Israeli "Iron Dome" stops first rocket launched


Fighting in Gaza Heats Up


P.I.G.S. to become P.I.G.S. r U.S. as U.S. goes same route as Portugal, Ireland, Greece and Spain!


Japan Struck by 7.4 Quake  (size of quake revised up since article went out on wires)


California Bill Would Require Teaching Sexual Perversion to Students


Obama, Congress to Get Paid if Gov't. Shuts Down!  You won't get your Disability Check if you're a Veteran, You Won't Get Your Social Security if you're a Retiree, You Won't Get Your Tax Refund from the gov't. that already OVER TAXES you, BUT THE POLTICAL ELITE GET PAID!


Nearly 2/3rd's of Americans Say They are Over Taxed: Imagine my surprise!


Trump Passes Romney in N.H.; News Flash people, neither one is the answer!  We need a statesman, NOT a businessman to run this country!


Gun Owners Have Right to Privacy


Rep. Ryan's Plan for Growth


Spreading Wealth, The Right Way


Tea Party on Gov't: Shut 'er Down!


That's the night that the net went out in...Armenia?