I would divided the stimulus package into tranches. Each tranche would be approved over time to allow for dilberation on the details. If the $700 billion bail-out taught us anything was that if money is thrown at a problem, it usually is wasted.

Health Care is a hot potato in American Politics. The problem is literally quality of life. A problem this deep requires a deeper response. Any true solution begins with the question: “What is the right thing to do?”

Insurance companies are demanding that the insured assume a portion of the cost because there is no other control. Ultimately, prices are negotiated before service is performed. Crass and harsh as it may sound, medical care is still a market. That is why insurance companies issue price schedules. It is up to the patient (customer) to see that the doctors office or hospital (vendor) manages affairs efficiently.

Read the rest of this entry »

How about no payroll taxes? How about bringing home your gross pay and not your net pay? The Fair Tax is a simple yet effective way to eliminate all federal payroll withholding taxes, eliminate all federal income taxes for individuals and corporations, and abolish estate and capital gains taxes for all. There is an enormous society of “cash” earners who do not pay into our system. How about the illegal aliens, they would pay. How about the drug dealers, they would pay. How about tourists, they would pay. How about the guy next door with the repair shop in his garage, he would pay. How about the girls cleaning your house or mowing your lawn. Do you think they are claiming this income? No way. Also, let’s address the loopholes out there for the higher income earners. They don’t pay, they just pay the CPAs to find ways around them. With The Fair Tax, we all pay the same. This would also mean no more filing on April 15th. No more IRS audits. No more hiding income. It’s fair. It’s logical. Do you think all this infusion of income would help the economy? You betcha!!

Why not allow wealthy people to “opt” out of social security entitlement checks when they turn 62-70 (whenever they would register for the money), and offer them the ability to deduct from their income the amount they would be receiving if they took the checks. Although the government would lose taxes from allowing the deduction, that amount is far less than the amount paid in social security entitlement checks. The retiree would be given the ability to opt out each year - just in case there is a year that retiree (due to what ever reason) may need to start to receive the checks.