Help me out. I think I have the solution to everything.

[Syrinx]

To the "fiscal crisis," anyway.

Bring the inheritance tax back to full force. Tax inheritances of over ten million dollars, or some other reasonable figure, at fifty percent.

Raise income taxes on very high income individuals at least to what they were during Reagan's time. Maybe a little more. I wouldn't suggest raising them to 92%, like under Eisenhower. But maybe somewhere in between. Somewhere between Reagan and Ike.

Eliminate the ceiling on which income is taxed for social security. Everyone's income is taxed 6.2%. Up until the first $106,800. After that, your marginal SS tax rate is ZERO.

That doesn't make a bit of sense. You call THAT a "socialist" program? It's the most regressive tax I can think of.

Eliminate the cap. Tax ALL income the same rate for Social Security. Even above some arbitrary figure.

That would seem more fair to me.

And why not cut "defense" spending by a quarter? Or a half?

Our nation could save money there, don't you think? Seeing as we spend more money, than all other nations in the world, combined, on warfare.

Couldn't we cut it just a little bit?

I agree with the teabaggers that our nation is in a fiscal crisis.

But they don't understand why.

It's because we screw our people and send all the money to wealthy assholes to hurt and kill innocent people in foreign lands.

That's the dystopia our nation has devolved into. And it's what the ignorant teabag people are begging to continue.

Please disrupt the DNC, and spread the truth. Our country has been consumed by them. Educate the teabag people. Most of them probably aren't bad people, but they've been deceived by HATE.

TEACH them.

And in the meantime, let President Obama know that we know what is killing this country. And it IS being killed.

[Uben]

1. You forgot one thing.....

....and that's how to stop the lobbyists from buying anything they want. Until we regulate how lobbyists can influence congress, this country will continue it's slide.

[DrDan]

2. expect the wealthy to pay at least the same rate as the rest of us? Let's get real

The only way to stimulate job growth is to allow them to earn obscenely and pay less (in terms of tax rates).

And how can we keep up our war-mongering with a CUT to defense spending?

[mmonk]

3. We could accomplish the same thing by just raising the top

income tax rates to previous levels and require our large corporations to pay income taxes.

[ThomCat]

11. Having corporations Actually Pay Taxes would be a wonderful start.

Right now many of the largest corporations DO NOT PAY TAXES. In fact, their taxation departments are often money making departments. By hiding profits in tax shelters to reduce the taxable income to zero, and finding ways to get the the states and the federal government to rebate taxes that were never even really paid, or by negotiating tax waivers and then collecting those taxes from customers anyway, companies have ways of making money off of taxes instead of paying taxes. :(

It should be a crime that corporations with Billions of dollars in revenue pay $0 in taxes year after year, and actually get tax rebates.

[Bonhomme Richard]

4. But if we lower corporate taxes they will invest in R & D and

plant expansion and create jobs.
Yeah right.

[HughBeaumont]

6. Well, they WILL . . .

. . . just not in the U.S.A.

[rurallib]

5. could we maybe pull some of our troops from the 109 countries

we have troops in? Why do we have troops in 109 countries?

[Cal Carpenter]

7. That's not a solution

unless you can explain the process by which such a plan could be implemented...

[leeroysphitz]

8. If your solution involves rich people paying their fair share I got some bad news for you... n/t

[RUMMYisFROSTED]

9. Treat dividends as income.

[jpljr77]

13. Exactly. And capital gains. That's all we'd have to do. Well, that, and...

return to Clinton-era tax rates. No 50%, no large inheritance taxes. Just treat dividends and capital gains as regular income and return the top bracket to 39.6%. Bam...problems solved.

Of course, the caveat is that the capital gains taxation will hit people of moderate or even low incomes, but only occasionally (mostly if you sell your home and actually realize a gain). But it will hit the richest every single year, and in a big way.

[lonestarnot]

10. Only way to make richie rich pay his fair share is take him on a man date!

[Greyhound]

12. Global currency reset.

Kill the central bank, tie our currency to value, outlaw usury, and thus end the ability of parasites to profit through extraction.

[Festivito]

14. With Credit Derivatives at 4-8 TIMES total global wealth...

that might be the only real solution.

100 T$ of stocks and bonds worldwide
75 T$ of world real estate

600 T$ of Credit derivatives is a LOW estimate.

1440 T$ was estimated six months ago and it's gone up since then.

[ThomThom]

15. good start but we need more

We need to bring back the economy which means good paying jobs. Tariffs on goods brought into this country made with cheap labor and no environmental concerns are needed. we need to protect jobs and workers. We need to manufacture things and the worker needs to be able to earn enough to buy these goods. A living wage would be a good goal. We have no real economy, all we are doing is moving numbers around on a balance sheet, we are not taking raw materials and make something worth more out of them.
Supply side economic is a failed approach, what creates jobs is demand. There is no job if no one wants or buys a product. The idea that capital creates jobs is a myth.