30 Day Reformation Plan - Austrian Economics Style

guerilla Notable Member

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http://www.lewrockwell.com/rockwell/30-day-plan.html

DAY ONE: The federal income tax is abolished and April 15th is declared a national holiday. The 40% reduction in federal revenues is matched by a 40% cut in spending. The budget is still almost twice as big as Jimmy Carter's.

DAY TWO: All other federal taxes are abolished, including the corporate income tax, the capital gains tax, the gasoline tax, "sin" taxes, excise taxes, etc. Businesses boom, and the few legitimate federal functions are funded with an inexpensive head tax. People who choose not to vote need not pay it. (Note: this was a mainstream view in the 19th century.)

DAY THREE: The federal government sells all its land, freeing up tens of millions of acres for development, mining, farming, forestry, oil drilling, private parks, etc. The government uses the revenue to pay off the national debt and other liabilities.
Click to expand...

lorien, I'd love to have your thoughts on this. I know it's pie in the sky thinking, but what a world we would live in 31 days later...

guerilla, Oct 3, 2007 IP

gemini181 Well-Known Member

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DAY SIX: The Department of Commerce is abolished. Big business has to make its own way in the world, without subsidies and privileges at the expense of its competitors and customers.

gemini181, Oct 10, 2007 IP

tesla Notable Member

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#3

DAY ONE: The federal income tax is abolished and April 15th is declared a national holiday. The 40% reduction in federal revenues is matched by a 40% cut in spending. The budget is still almost twice as big as Jimmy Carter's.

DAY TWO: All other federal taxes are abolished, including the corporate income tax, the capital gains tax, the gasoline tax, "sin" taxes, excise taxes, etc. Businesses boom, and the few legitimate federal functions are funded with an inexpensive head tax. People who choose not to vote need not pay it. (Note: this was a mainstream view in the 19th century.)

DAY THREE: The federal government sells all its land, freeing up tens of millions of acres for development, mining, farming, forestry, oil drilling, private parks, etc. The government uses the revenue to pay off the national debt and other liabilities.
Click to expand...

Dammit, this sounds like such a good plan, now why can't we just adopt it.

Lorien probably won't comment............it is probably hard for him to figure this one out.........

tesla, Oct 11, 2007 IP

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30 Day Reformation Plan - Austrian Economics Style

guerilla Notable Member

gemini181 Well-Known Member

tesla Notable Member

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