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Monday, September 19, 2011

A Reality-based Libertarian 4-Point Plan to Fix the Economy

  1. We have a failing President who obviously studied at my first wife's school of getting your point across. Now, everytime he speaks about raising taxes he just gets angry and hopes out loud that John Boehner is the victim of spontaneous human combustion. Like Muffy, he thinks bad ideas are made good by yelling them at people. They're not.
  2. I get lots of hits on this blog from people searching for a Libertarian plan to fix the economy.
  3. After President Obama's latest speech this morning I am watching the Twittersphere explode with Liberals who hate the thought of spending less money on anything, and Conservatives who hate the thought of giving any more money to the government to spend on anything.
Those three things have combined to finally compel me to give the American people a Reality-based Libertarian plan to fix the economy. We should pass this plan now. Listen up all you Lefties and Righties out there: You want to fix the economy with fairness and in such a way that opportunity lies in wait for every American? Stop the political childishness and do the following:
  1. Reform the tax code by Constitutional Amendment. Make it a flat tax on income. Sorry CPA's you're screwed, but such is life. Somewhere between 10 and 15% will do just fine thank you. Eggheads will figure the actual number out.
  2. Kill the inheritance and capital gains taxes and open up the repatriation of American dollars. Include in your killing spree (new tone here) any tax that punishes achievement.
  3. After we finish Item #1 institute a national consumption tax on raw and finished goods of not more than 5%. Tax consumption, not profit. Again, let the eggheads come up with the baseline.
  4. Limit congressional spending by putting a cap law into effect. Keeping the Congress from deficit spending by Constitutional Amendment could have disastrous consequences during times of national emergency, so I wouldn't do that if I were you.
There. That's it. Economy fixed. You're welcome. I would run for President but I'm going to be busy next summer. My advice to you all is to vote for the person who most closely understands what I have written and who is serious about implementing it.

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