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minervx
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12 Oct 2011, 9:43 am

I know Ron Paul supporters like him because he's against bailouts, war on drugs, against patriot act, and overseas wars, and this has made him some sort of hero on college campuses. But on other policies, he represents the same Republican values that aren't so trendy.

I'm not declaring these policies right or wrong, but I just hope that all Ron Paul supporters understand the full package.

The wealthiest Americans will pay nothing in federal taxes.
He will entirely cut Medicare, Social Security, Medicaid, Housing, and Student Loans.

I've heard too many people complain that Bush cut taxes for the wealthy, while suggesting Paul for president. Many people may hear his statements against Iraq, and come support him, but I hope ALL of his supporters are aware of his other platforms.



Gedrene
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12 Oct 2011, 9:48 am

How is removing medicare and medicaid in one fell swoop a good idea?

How is ending all taxes on the rich a good idea (at all)?

How is...

forget it. Let's not tax anyone's mind too much.



Jacoby
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12 Oct 2011, 2:50 pm

Gedrene wrote:
How is removing medicare and medicaid in one fell swoop a good idea?

How is ending all taxes on the rich a good idea (at all)?

How is...

forget it. Let's not tax anyone's mind too much.


He doesn't want to get rid of medicare and medicaid overnight or end all taxes for just the rich. Don't make assumptions on what you think he believes in or believe what you read on pinko blogs.



minervx
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12 Oct 2011, 4:45 pm

Jacoby wrote:
Gedrene wrote:
How is removing medicare and medicaid in one fell swoop a good idea?

How is ending all taxes on the rich a good idea (at all)?

How is...

forget it. Let's not tax anyone's mind too much.


He doesn't want to get rid of medicare and medicaid overnight or end all taxes for just the rich. Don't make assumptions on what you think he believes in or believe what you read on pinko blogs.


He wants to end federal income taxes on everybody, and that includes the "rich".

Moreover, he said the IRS will be gone in his first week, so theres no way to fund Medicaid and Medicare.



Jacoby
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12 Oct 2011, 5:21 pm

Saying he wants cut taxes for the rich is misleading when he wants to cut taxes for everyone.

The income tax doesn't fund medicare or medicaid as far as I know. The income tax only accounts for about 1/3rd of government revenue.



JakobVirgil
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12 Oct 2011, 5:39 pm

Jacoby wrote:
Saying he wants cut taxes for the rich is misleading when he wants to cut taxes for everyone.

The income tax doesn't fund medicare or medicaid as far as I know. The income tax only accounts for about 1/3rd of government revenue.


to be clear that 1/3 is the biggest source of revenue.


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Jacoby
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12 Oct 2011, 5:58 pm

JakobVirgil wrote:
Jacoby wrote:
Saying he wants cut taxes for the rich is misleading when he wants to cut taxes for everyone.

The income tax doesn't fund medicare or medicaid as far as I know. The income tax only accounts for about 1/3rd of government revenue.


to be clear that 1/3 is the biggest source of revenue.


And that revenue doesn't even fund the social programs you guys hold up as pillars of government necessity. So where does our income tax money go? Hmmmmmmm



JakobVirgil
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12 Oct 2011, 6:15 pm

Jacoby wrote:
JakobVirgil wrote:
Jacoby wrote:
Saying he wants cut taxes for the rich is misleading when he wants to cut taxes for everyone.

The income tax doesn't fund medicare or medicaid as far as I know. The income tax only accounts for about 1/3rd of government revenue.


to be clear that 1/3 is the biggest source of revenue.


And that revenue doesn't even fund the social programs you guys hold up as pillars of government necessity. So where does our income tax money go? Hmmmmmmm


to War and the bloated military contractors.
actually -and I think we are exploring interesting territory here- before we start lets get out the charts
Image
Image

this has income tax at 42% (it 30% if you add in state taxes ?)

Social Security tax (FICA) pays (or does not pay) for Social Security right?
But does it pay Medicare?
if not how do they prevent the inherent fungiblity of money?
(as we both know the biggest waste of money especially of income tax is the military budget
not our Precious social programs (by precious I assume you mean sparse and rare :wink: .)


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Jacoby
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13 Oct 2011, 12:07 am

Medicare, Social Security are both covered by FICA. Medicaid is paid jointly by the states and feds.

According the the Grace Commission Report, 1/3rd of the income tax is lost to government waste and inefficiency, 1/3rd is not collected due to the underground economy, and the remaining third SOLELY to interest on the national debt.

“With two thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the federal debt and by federal government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services [that] taxpayers expect from their government."



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13 Oct 2011, 12:50 am

So cutting a third is the answer? I have mostly been given the impression that Ron Paul is an easy answers man; so far I have seen little that does not fit this description.


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1000Knives
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13 Oct 2011, 12:52 am

I realize the full package, yes. I support him, but I don't believe he's going to get far. For better or worse, Ron Paul as President would change life as we know it. We need someone like him to change direction, I'm thinking electing someone like Ron Paul would be better than the alternatives of just dying as a nation, having Zimbabwe currency, etc. The transition period, though, will be incredibly difficult with Paul as President. The US has lived off a socialistic system for very long, every adult living here almost has no memory of life prior to FDR's "reforms" in the opposite direction of Ron Paul.

What would happen is, it'd be basically a regime change, to a Ron Paul regime. I like the Ron Paul regime idea, but I don't acknowledge it'll be easy or fun, but I do think it's the right thing to do for the long term. I'm just hoping Ron Paul uses wisdom, but at the same time doesn't compromise very much, he has no wiggle room to compromise, he's stated all his views very very clearly. Any compromise on his part will completely undermine him, but at the same time, yeah, you can't just end SSI, medicare, IRS (well actually, IRS we could live without no problem, even if the income tax was kept, it would just require a different smaller govt. agency or program without the massive craziness that's the IRS) in the first week. It'd have to be somewhat gradual, but not gradual enough so as to not do it, you know?

But yes, voting for Ron Paul is voting for complete societal change all across the board in every possible way, and I completely support this change. I think most people supporting him, though, don't actually want the whole package, and are just liking him because he'll legalize firearms, drugs, or lower their taxes.



JakobVirgil
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13 Oct 2011, 8:08 am

Jacoby wrote:
Medicare, Social Security are both covered by FICA. Medicaid is paid jointly by the states and feds.

According the the Grace Commission Report, 1/3rd of the income tax is lost to government waste and inefficiency, 1/3rd is not collected due to the underground economy, and the remaining third SOLELY to interest on the national debt.

“With two thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the federal debt and by federal government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services [that] taxpayers expect from their government."


so how is our huge military paid for just by debt?


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minervx
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13 Oct 2011, 8:43 am

I think some Ron Paul fans misunderstand. They currently see it as removing the IRS and cutting defense will let us get by for a long time before we have to cut Medicare/Medicaid.

Not true.

Granted, cutting defense/security funding will pay for most of the income tax elimination.

So whats the problem?

We still have a 1+ trillion dollar deficit. The only way to get rid of, is to eliminate Medicare/Medicaid immediately.



pandabear
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13 Oct 2011, 9:52 am

minervx wrote:
I know Ron Paul supporters like him because he's against bailouts, war on drugs, against patriot act, and overseas wars, and this has made him some sort of hero on college campuses. But on other policies, he represents the same Republican values that aren't so trendy.

I'm not declaring these policies right or wrong, but I just hope that all Ron Paul supporters understand the full package.

The wealthiest Americans will pay nothing in federal taxes.
He will entirely cut Medicare, Social Security, Medicaid, Housing, and Student Loans.

I've heard too many people complain that Bush cut taxes for the wealthy, while suggesting Paul for president. Many people may hear his statements against Iraq, and come support him, but I hope ALL of his supporters are aware of his other platforms.


College students are under the illusion that they will never become old, and never have any need for social security or medicare anyway.



Jacoby
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13 Oct 2011, 12:56 pm

JakobVirgil wrote:
Jacoby wrote:
Medicare, Social Security are both covered by FICA. Medicaid is paid jointly by the states and feds.

According the the Grace Commission Report, 1/3rd of the income tax is lost to government waste and inefficiency, 1/3rd is not collected due to the underground economy, and the remaining third SOLELY to interest on the national debt.

“With two thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the federal debt and by federal government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services [that] taxpayers expect from their government."


so how is our huge military paid for just by debt?


Well there is the corporate income tax, excise taxes, estate tax, gift tax, tariffs, and fees. About 1/3rd of our budget is borrowed money so that's a probably pretty good guess too.



ValentineWiggin
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13 Oct 2011, 4:27 pm

At this point, I'm happier than a bird with a french fry to even see anyone other than an evangical

"dinosaur-bones-were-put-here-to-test-the-faith-of-Christians-let's-rewrite-the-Constitution-to-reflect-the-Bible-queers-wanna-eat-your-children!"

nutjob come to prominence in the Republican party, if not in support then in fame.

We all know social programs will be cut if any one from the right is elected, and thousands will die as a result-
the question is which of them is most tolerable, IE not wishing to make the West into a Dark Age Christian-ruled barbarous state.


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