Tuesday, April 24, 2012

Why I'm Leaning Toward Romney in 2012


Eradicating National Debt to Provide Financial Security For the American People

Recently, I heard a radio broadcast wherein Mitt Romney addressed the changes needed in our leadership to eliminate our nation's debt. I feel that in order to do so we must turn away from spending to fulfill our wants and focus first on what our nation needs. To do this, we must make drastic changes. I agree with Mr. Romney that Congress and others, including the President himself, should take drastic pay cuts or no pay at all until the national debt is absolved. I also feel that the tax system and all budgets associated with it need to be revamped. Paying off our nation's debt while still allowing the American people financial stability will be a delicate balance. The following will address things Congress ought to do and what it ought not to do in order to accomplish the eradication of our nation's debt. Freedom from debt and providing financial security will allow all Americans to truly obtain the life, liberty, and happiness that is every American's right.

First, we need to restructure the tax system's programs and budgets by cutting funding to programs that are not necessary. Programs for things that would be considered “necessary” would cut all taxes associated with and put caps on prices surrounding healthcare, food, water, housing, and clothing. A flat, unchanging tax should be set (ie 10% of EACH PERSON’S gross income no matter who you are or what your occupation is). Once budgets have been set, only spend money that has been budgeted and that we actually have! Find other ways for the government to produce money for its budgets if more is desired. If you want to have technologically and scientifically advancing projects, get wealthy private donors to pay for it or create an international coalition for the projects. Encourage production of items 'Made in USA' for exporting. Last, but certainly not least, stop borrowing money we cannot pay back!

Restructuring to give back to the people that to which they are entitled: Freedom in stability
The new tax system will eliminate taxation of businesses providing necessary goods, thus eliminating taxation retailer to customer because the budgeted portion the 10% flat tax would be utilized for those programs. For example, food and consumable liquids that do not fall in the 'others' category (others would constitute chips, soda, alcohol, candy, etc.) should not be taxed. Purchases of Hybrid, electric, or other eco-friendly (and thus healthcare friendly) transportation should not be taxed at any level at any point. Healthcare should be separated into three classes: preventative healthcare (immunizations, routine checkups, etc), major medical, and minor medical. A flat premium should be paid to the provider at time of service depending upon into what category the reason for care falls. Next, the healthcare budget would be utilized. A cap should be applied to healthcare providers and companies that produce supplies and medications associated with the healthcare system. Housing facilities, whether rented or owned, should not be taxed. Only properties and buildings used for commercial purposes should be taxed. Americans should be provided quality, reasonably-priced products and services, in connection with new budgets and programs, that are necessary to truly be a country founded on “life, liberty, and the pursuit of happiness”. By setting budgets, having a set, unchanging tax rate, not borrowing and spending money we do not have, and by finding alternate ways to procure money for projects, I feel that we can have both a balanced budget and a happier people free of unnecessary taxes.



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1 comment:

  1. Good ideas. I would push it further: Increase a flat tax to an amount that would cover each citizen's Needs by increasing taxes on Wants (what we already do with alcohol and tobacco). Life is not a commodity thus Liberty ought not depend on what we produce for those who control our resources. If our Needs were provided then our time would be returned to the rightful agents thus enabling us to promote happiness. Life (thus healthcare/Needs) is necessary for Liberty (dictate our own time) which leads to Happiness (dependent on our own personal choices, not others) fulfilling the Promise of our Declaration of Independence. Keep the thoughts coming!

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