Jump to content
Foe Clan Structure Final Ownage Elite Presents Foe Quick Links
[ Founder ] Bonesaw Pk, Ilx Ace Ilx [ Leader ] K2P
[ High Council ] Mike (0BR)
[ Warlord ] [ Council ] Parviz
Swip
Pat

U.S. Deficit

Recommended Posts

Dylan    177
Dylan

Taking on Intragovernmental debt:

1. Lower spending on unnecessary social programs

2. Eliminate spending on the "war on drugs"

3. Reallocate funds for programs that work and don't work (ties into first point)

4. Begin the process of collecting debt owed to the US from foreign countries and vice versa (clean slate)

5. Figure out wtf to do with the Federal Reserve

6. Rely less on imports and focus more on exports

 

Since the public holds the majority of debt, interest rates will be lowered.

1. Meet with the FOMC to develop a plan to keep interest rates at an absolute low to stimulate the economy

2. Taxes will be lowered, and as such, will redistribute governmental spending to reverse the deficit

3. ???

4. ???

 

Share this post


Link to post
Rihana Pm Me    18
Rihana Pm Me

I’d like to see any of those pussies come and collect. 
 

#murica

Share this post


Link to post
Adam    220
Adam

The bottom 70% of the country need more money, to grow the economy, hence lower the deficit. If I was in power I would do the following:

 

1) Capitals gain tax rate of 75% on 500m+ invested, and -2% rate on any cash in their banks.

2) Under 250k/Year - 7% Tax Rate, 250k - 300k/year - 12%, 300k - 500k 17%, 500k+ 33%+

3) 0% Student Loan Rates, with 40 year repayment plans. 

4) 40 Year Mortgages, with 2.5% or less rate.

5) Internet Purchase Tax of .5% of all purchases 

6) $500 Universal Basic Income for all Americans who have lived in the country for 5+ years, are 18 years old, and are not collecting retirement benefits / unemployment.

7) $20 Minimal Wage - If in a trade school, college, or adult education of some sort.

8 Max 2% Property Tax rate on homes that are less than 800k.

 

Edited by Adam

Share this post


Link to post
Jabby    279
Jabby

the deficit graph shows exactly what's the problem. look at the election years...stimulating the economy top down vs. bottom up. Both parties have their way respectively but only when the stimulation reaches the masses will the bottom line improve.

 

doesn't answer the question, but I'm also not the president, secretary of treasury, or chairman of the housel appropriations committee.

Share this post


Link to post
CP24    109
CP24
On 3/10/2021 at 9:41 PM, Santana said:

I would simply start another war in a resource rich country and take more $$$ from them

LMAO

Share this post


Link to post

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members, 0 Anonymous, 0 Guests

    No registered users viewing this page.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.