Forum Post: positive suggestion
Posted 13 years ago on Oct. 8, 2011, 11:40 a.m. EST by abuaries
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ideas you can present is tax reform. i have crunched the numbers and this would resolve many issues. a single tax of 17% for all earning over $60,000 ( it would decrease 2% for every $5,000 less in earnings ie $50,000 would pay 13%, $30,000 ; 5%). no more deductions. 90% of IRS would be unnecessary. this time, $ would trickle up! this would resolve many issues for private and business( they would save billions in tax management). to save housing, re-write a new loan for houses underwater to the amount of current value. the balance from the previous loan would be made into a second trust dead which would have no payments until the house appreciates to the total value of both loans. a simple solution that would benefit owners and banks. good luck. rene aries
So, in response to widespread inequality, you want to DECREASE the tax rate on top earners.... Hmm, I'm going to throw out a 'no' on this one.
I'm just an Independent voter. I think you need to have a chosen leader, a very strong measured person (such as Jon Stewart from The Daily Show) who can articulate your grievances and fight for you/us at rallies. Then, you need a name for your movement, as did the Tea Party who have been fairly successful. You can then mobilize voters, via social networks or TV, to vote against any politician who thinks the banks and Wall Street aren't greedy and controlling our wealth! If you don't do these things, your movement will likely fritter out. I know a good social movement when I see one. I'm 74 yrs old and have seen some of the best marches for justice. Good Luck!
Even people on $60k budgets are stretched thinly. This doesn't seem realistic at all.
17% is less than most $60k households are paying now—what's not realistic about decreasing it?
I'd have to ask someone who earns $60k and a house.