If I Were President

Nov 2007
1,989
357
YOU did.
4% of GDP is currently 800 billion dollars. that's 100 billion more than the already overbloated crazy military budget we have.
We need to increase defense spending so we'll be prepared for the next major war. The U.S. is way overdue for a major conflict.
 
Nov 2007
1,989
357
Show us your taxes.











And your BC.
BC? Taxes to increase are listed in the body of the text.

Increase taxes on alcoholic beverages to equalize treatment of different types of alcohol. Current federal excise taxes treat alcoholic beverages in different ways. Taxes are much lower on beer and wine than on distilled spirits and are figured based on different liquid measures. This option would standardize the tax on alcoholic beverages by using the proof gallon (a standard measure of a liquid's alcohol content) as the measure for taxation. It would also increase the tax to $16 per proof gallon. On average, this would raise the tax on a 750 milliliter bottle of distilled spirits from about $2.14 to $2.54, the tax on a six-pack of beer from $.33 to $.81, and the tax on a 750 milliliter bottle of table wine from $.21 to $.70. Supporters say this tax increase would reduce the social costs of alcohol consumption and require consumers to pay a larger share of the expenses. Opponents counter that taxes on alcohol are regressive because taxes on alcohol take up a greater percentage of earnings for low-income families than for middle- and upper-income families. Effect on deficit: -$70 billion.

Increase the gas tax by $1.00/gallon and index it to inflation. Revenues from federal taxes on motor fuels are credited to the Highway Trust Fund, which finances highway construction and maintenance. Those federal taxes are currently 18.4 cents on each gallon of gasoline purchased and 24.4 cents on each gallon of diesel fuel. Eliminate taxes on over the road diesel. It is estimated that the highway account faces $125 billion in deficits over the next 10 years. Effect on deficit: -$720 billion.

Impose a 2.0 Percent Value-Added Tax. A value-added tax (VAT) is a type of consumption tax that is levied on incremental increases in the value of a good or service during each stage of its production and collected at those stages. A VAT is economically similar to a sales tax in that the full tax is ultimately paid by the consumer. This proposed VAT would exclude certain goods and services that are considered necessities or that provide broad social benefits.. Effect on deficit: -$708 billion.

I'll copy them and highlight them.
 
Mar 2015
32,289
17,924
Mad Prophet
BC? Taxes to increase are listed in the body of the text.

Increase taxes on alcoholic beverages to equalize treatment of different types of alcohol. Current federal excise taxes treat alcoholic beverages in different ways. Taxes are much lower on beer and wine than on distilled spirits and are figured based on different liquid measures. This option would standardize the tax on alcoholic beverages by using the proof gallon (a standard measure of a liquid's alcohol content) as the measure for taxation. It would also increase the tax to $16 per proof gallon. On average, this would raise the tax on a 750 milliliter bottle of distilled spirits from about $2.14 to $2.54, the tax on a six-pack of beer from $.33 to $.81, and the tax on a 750 milliliter bottle of table wine from $.21 to $.70. Supporters say this tax increase would reduce the social costs of alcohol consumption and require consumers to pay a larger share of the expenses. Opponents counter that taxes on alcohol are regressive because taxes on alcohol take up a greater percentage of earnings for low-income families than for middle- and upper-income families. Effect on deficit: -$70 billion.

Increase the gas tax by $1.00/gallon and index it to inflation. Revenues from federal taxes on motor fuels are credited to the Highway Trust Fund, which finances highway construction and maintenance. Those federal taxes are currently 18.4 cents on each gallon of gasoline purchased and 24.4 cents on each gallon of diesel fuel. Eliminate taxes on over the road diesel. It is estimated that the highway account faces $125 billion in deficits over the next 10 years. Effect on deficit: -$720 billion.

Impose a 2.0 Percent Value-Added Tax. A value-added tax (VAT) is a type of consumption tax that is levied on incremental increases in the value of a good or service during each stage of its production and collected at those stages. A VAT is economically similar to a sales tax in that the full tax is ultimately paid by the consumer. This proposed VAT would exclude certain goods and services that are considered necessities or that provide broad social benefits.. Effect on deficit: -$708 billion.

I'll copy them and highlight them.
I appreciate your efforts.
 
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Nov 2007
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Please note that above I have a planned program to begin dealing with the effects of climate change and carbon emissions. It is the beginning anyway.

21. Establish a fund to deal with nations and their population centers threatened by ocean rise, weather extremes and desertification. Each nation would contribute to the fund based on a combination of total and per capita carbon emissions. A group of officials appointed by the UN General Assembly and approved by the members of the Security Council would administer the fund and govern its disbursements
Regarding the above, I would fund it by a program where each nation would contribute to the fund approximately 200 million dollars for each percentage point of global carbon emissions their nation contributes to the global total. So, if the U.S. emitted 20% of global carbon then it would be obligated to supply the fund with 4 billion dollars a year.
This would give even developed nations the ability to reduce their contributions by reducing their carbon emissions. Likewise, if a developing nation felt that continued development required the increased use of fossil fuels they could simply bit the bullet and accept paying an increased carbon emission fee.