Support or oppose?

Question

If you knew precisely how to reduce public debt - then eliminate all public debt - then reduce all forms of taxation - then eliminate all forms of taxation - while still paying for essential government services and create government (at the local, state and federal levels in the United States) that are funded without either debt or taxation (perpetually) and do all of this legally would you support or oppose it and why? What do you see as the benefits of having no public indebtedness and zero taxation?

This applies to all forms of taxation (income, sales, fuel, property and the other 40-something forms of taxation that exist including drivers license fees) at all levels of government. Again, considering all of this is done legally.

The details of how this works are already worked out. The details of how it's implemented will be decided by those that choose to participate in that process at their local levels of government first. Schools, city (if one) and county. Then states and finally the federal government.

It allows for funding of government services without taxation or debt financing and this applies to all forms of taxation.

As for the pie in the sky arguement, this is financially feasible and realistic but it's certainly not an overnight sensation or a quick fix. It's a long-term solution to a long-term problem.

In 1900, the average American paid 5% of their annual earnings in combined taxation (local, state, federal) and public debt was essentially non-existent. Now, we're paying over 32% in taxes and neither major political party even addresses (with any significance) public debt. Which do you want?

Government without debt and without taxation? Or higher taxes and more debt?

Answer 1

I suppose that if all essential government functions were funded by voluntary donations of citizens and businesses we could quickly descend to the status of 5th-world nation, but still survive. Then the IMF could work to have all our international debt forgiven. Then the whole world economy would crumble as it is our credit cards that prop it up.

Answer 2

I would definately support it.

Don't you think there is a way to value human beings more than we value the almighty dollar? The "story of Ug and Thug" and "The Reality of Money" at the Worldwide United Foundation site really helped me understand where the value of money actually comes from, and what WE can do about it!


Ask yourselves these questions:

In the United States, when did the "GOLD STANDARD" get replaced with paper MONEY? Was it not the intent of the Government to issue FEDERAL NOTES (what we call CASH) that represented GOLD? In other words, instead of lugging around pounds and pounds of GOLD, why not have paper notes represent values of GOLD, or better, certain weights of GOLD? This was supposed to be how it worked.

The FEDERAL RESERVE was a "reserve" of GOLD the Government held to back up the CASH only IT could print and distribute! But what happened, when the Government needed more money, when it knew it didn't have enough GOLD in the FEDERAL RESERVE to pay for ITSELF?

IT printed the paper notes (CASH) and created a NATIONAL DEBT, always accounting in its FEDERAL BUDGET for all the money IT spent.

Let's use our common sense:

If there is not enough GOLD in the FEDERAL RESERVE to pay off the NATIONAL DEBT, then how will the NATIONAL DEBT ever be paid off?

Answer: It's impossible when the ENTIRE MONEY VALUE SYSTEM IS BASED ON GOLD, which is a substance that doesn't exist in nature in the necessary quantities to cover the Government's debts.

So, what do we do?

First realize who came up with GOLD (a friggin rock) as a basis of value in our human societies?

Answer: WE DID!

Therefore, if we assigned a VALUE to one type of "rock," then why can’t we just as easily assign the same VALUE to another?

What if the President of the United States stated the following:

“To pay back the NATIONAL DEBT and allow the Government all the MONEY IT needs to do whatever IT has to do to serve the interests of those whom IT is supposed to serve...”

“...We, hereby declare that GRANITE, from this day forward, has the exact same value as GOLD. There's plenty of GRANITE in them thar' hills!”

Now the Government can fill up their FEDERAL RESERVE with mountains of Granite and eliminate any NATIONAL DEBT henceforth and forever.

SITUATION SOLVED!

So, why wouldn't something so seemingly simple for the human brain to comprehend, not work?

Because EVERYONE would have access to the GRANITE, as there is lots and lots of it to go around. Therefore, no one would be able to control another, or value another less than themselves. Because of its abundance and endless supply, GRANITE would not be the main focus of a human's existence. Food, clothing, shelter and health care would become the most important things...Why? Because Human Beings need these things...

...They don't need GRANITE!

All we need is enough people to UNIFY and declare to our governments, that WE VALUE HUMAN LIFE more than we value a ROCK.

Answer 3

Want to explain how you eliminate all forms of taxation while still paying for government services?

After you figure that out, I'll give your question some thought.

Answer 4

It would never work, corporations fallow the rules and are not people and have no feelings and would just pay you less and you would be in the same boat.

Answer 5

Neither

Answer 6

Remember the old addage that "If it sounds to good to be true, it probably isn't."