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	<title>Comments on: Congress Begins to Consider Ways to Simplify the Tax Code</title>
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	<link>http://www.outsidethebeltway.com/archives/congress_begins_to_consider_ways_to_simplify_the_tax_code/</link>
	<description>Online Journal of Politics and Foreign Affairs</description>
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		<title>By: Clint Lovell</title>
		<link>http://www.outsidethebeltway.com/archives/congress_begins_to_consider_ways_to_simplify_the_tax_code/comment-page-1/#comment-48450</link>
		<dc:creator>Clint Lovell</dc:creator>
		<pubDate>Fri, 10 Jun 2005 01:17:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=10891#comment-48450</guid>
		<description>I wonder what they&#039;ll come up with next.  Historically (as in the last actual 50 year period), income taxes have averaged 18.4% of GDP.  Every time we have crossed the 19%/GDP level, the economy has tipped into a recession (for those of you who want to look this up thru the CBO or GAO those years were 1969, 1981, and the 1998-2001 period) and stayed there until tax rates were lowered below the 19% threshold.

Today we are just a tad below 18.4%/GDP.

Now here&#039;s a quick math lesson.  If we throw out the military, homeland defense, transportation, commerce, EPA, interior, and FDA - effectively getting rid of everything but federal entitlement program spending, we need to raise the tax rates to approximately 20.4% of GDP and sustain them for the next 50 years to float the proverbial ship of state.

That&#039;s right.  The income-tax revenue generation model is no longer workable (from a purely mathematical viewpoint - unfortunately for the pinhead politicans inside the Beltway, 2+2=4, not 109).

I wonder how much of our money and our future they are going to continue to waste before they admit this revenue model doesn&#039;t work and we go on to something that will work - like an investment-income revenue generation model.

This reminds me of that old Fram oil filter commercial - sooner or later, you&#039;re going to come and see me.</description>
		<content:encoded><![CDATA[<p>I wonder what they'll come up with next.  Historically (as in the last actual 50 year period), income taxes have averaged 18.4% of GDP.  Every time we have crossed the 19%/GDP level, the economy has tipped into a recession (for those of you who want to look this up thru the CBO or GAO those years were 1969, 1981, and the 1998-2001 period) and stayed there until tax rates were lowered below the 19% threshold.</p>
<p>Today we are just a tad below 18.4%/GDP.</p>
<p>Now here's a quick math lesson.  If we throw out the military, homeland defense, transportation, commerce, EPA, interior, and FDA - effectively getting rid of everything but federal entitlement program spending, we need to raise the tax rates to approximately 20.4% of GDP and sustain them for the next 50 years to float the proverbial ship of state.</p>
<p>That's right.  The income-tax revenue generation model is no longer workable (from a purely mathematical viewpoint - unfortunately for the pinhead politicans inside the Beltway, 2+2=4, not 109).</p>
<p>I wonder how much of our money and our future they are going to continue to waste before they admit this revenue model doesn't work and we go on to something that will work - like an investment-income revenue generation model.</p>
<p>This reminds me of that old Fram oil filter commercial - sooner or later, you're going to come and see me.</p>
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		<title>By: The Astute Blogger</title>
		<link>http://www.outsidethebeltway.com/archives/congress_begins_to_consider_ways_to_simplify_the_tax_code/comment-page-1/#comment-48444</link>
		<dc:creator>The Astute Blogger</dc:creator>
		<pubDate>Fri, 10 Jun 2005 00:29:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=10891#comment-48444</guid>
		<description>&lt;strong&gt;DUMPING INCOME TAX FOR NATIONAL SALES TAX MOOTS MOST ILLEGAL IMMIGRATION WOES&lt;/strong&gt;

</description>
		<content:encoded><![CDATA[<p><strong>DUMPING INCOME TAX FOR NATIONAL SALES TAX MOOTS MOST ILLEGAL IMMIGRATION WOES</strong></p>
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		<title>By: TonyGuitar</title>
		<link>http://www.outsidethebeltway.com/archives/congress_begins_to_consider_ways_to_simplify_the_tax_code/comment-page-1/#comment-48324</link>
		<dc:creator>TonyGuitar</dc:creator>
		<pubDate>Thu, 09 Jun 2005 15:46:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=10891#comment-48324</guid>
		<description>Simplify...the key word  and  a  very  worthy aim.

Simplify  means  quicker,  easier, less  error  prone and  more  satisifactory.  Better  design  means  to  achieve  a  function  result  with  clarity,  logical process and non-confusing verification. 

In  Canada,  one  may  make  a  tax  return  by  telephone  if  earnings  and  deductions  are  fairly  straight  forward.  The  process  is  a  matter  of  listing  the  key  figures,  providing  security answers and  noting a  reference  number  that  verifies  a  return  has  been  filed.

The  phone  filing  method  is  great  because  it  saves  time,  paper  and  postage  and  mutiple  handling.

I  wish  designers  would  aim  for  more  simplicity  in  cell phones  and  consumer  electronics.  Two  inch  thick  documentation  for  software  usually  means  the  designer  was  a  compiler  of  features and  had  no  idea of  good  design.  To  simplify  and  streamline  is  demanding  but  very  worthwhile.

A program  like  Print Master  has  wide  popularity  because  it  is  a  pleasure to  use  for  making  a  variety  of  greetings  and  business cards.  Children  can  use  it  with  satisfying  results.  This  is  one  measure  of  good  design.
================================
Still  on  good  design;  I  want  to  compliment  this  blogsite.  Small  Dead Animals  is  a  blogsite  in  Canada  enjoying  great  success.  I  entered  the  name  in  Answers.com  and  found
OTB.  OTB  gave  good  wishes  to  Kate  of  SDAnimals December 3rd/2003 on  the  start  of  her  blog.  My  thought  was,  no  wonder Kate  is  doing  so  well  with SDA.  73s  TonyGuitar</description>
		<content:encoded><![CDATA[<p>Simplify...the key word  and  a  very  worthy aim.</p>
<p>Simplify  means  quicker,  easier, less  error  prone and  more  satisifactory.  Better  design  means  to  achieve  a  function  result  with  clarity,  logical process and non-confusing verification. </p>
<p>In  Canada,  one  may  make  a  tax  return  by  telephone  if  earnings  and  deductions  are  fairly  straight  forward.  The  process  is  a  matter  of  listing  the  key  figures,  providing  security answers and  noting a  reference  number  that  verifies  a  return  has  been  filed.</p>
<p>The  phone  filing  method  is  great  because  it  saves  time,  paper  and  postage  and  mutiple  handling.</p>
<p>I  wish  designers  would  aim  for  more  simplicity  in  cell phones  and  consumer  electronics.  Two  inch  thick  documentation  for  software  usually  means  the  designer  was  a  compiler  of  features and  had  no  idea of  good  design.  To  simplify  and  streamline  is  demanding  but  very  worthwhile.</p>
<p>A program  like  Print Master  has  wide  popularity  because  it  is  a  pleasure to  use  for  making  a  variety  of  greetings  and  business cards.  Children  can  use  it  with  satisfying  results.  This  is  one  measure  of  good  design.<br />
================================<br />
Still  on  good  design;  I  want  to  compliment  this  blogsite.  Small  Dead Animals  is  a  blogsite  in  Canada  enjoying  great  success.  I  entered  the  name  in  Answers.com  and  found<br />
OTB.  OTB  gave  good  wishes  to  Kate  of  SDAnimals December 3rd/2003 on  the  start  of  her  blog.  My  thought  was,  no  wonder Kate  is  doing  so  well  with SDA.  73s  TonyGuitar</p>
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		<title>By: Jay</title>
		<link>http://www.outsidethebeltway.com/archives/congress_begins_to_consider_ways_to_simplify_the_tax_code/comment-page-1/#comment-48322</link>
		<dc:creator>Jay</dc:creator>
		<pubDate>Thu, 09 Jun 2005 15:24:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=10891#comment-48322</guid>
		<description>I know!

Line 1: What is your gross income?
Line 2: Multiply Line 1 by 0.7 and remit.

Simple.  :&gt;</description>
		<content:encoded><![CDATA[<p>I know!</p>
<p>Line 1: What is your gross income?<br />
Line 2: Multiply Line 1 by 0.7 and remit.</p>
<p>Simple.  :&gt;</p>
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