League of Melbotis

I think GW should cut $550 billion from the budget, but there's no reason to actually change tax laws. He apparently felt he should refund certain taxpayers around $300 a while back. At least that's what I got. I immediately spent the money on strippers and gum. The plan worked for me, and I think it can work again.

If we have $550 billion we can trim (but we don't change tax laws), and say that there are 300 million Americans, each one of them could get back around $1833.333333 That's a pretty sweet deal. But something tells me that I will NOT be getting back $1833.33. Something tells me that I will have to wait for that money to trickle down to me after At&T and Enron take a big ol' tax break that will change my phone bill $1.00 a year and $5.00 on my electric bill. Whoo-hoo.

But just imagine if this WAS the plan. And not just $1833.33 per tax payer, but per person (at 300 million Americans). That's 349.2 hours of work at minimum wage of $5.25 an hour. Or 8.7 weeks of 40 hour work weeks. Imagine being in the family with three kids and being a working single mom and getting a check for $7333.33 from Uncle Sam. That's 1396.82 hours, or roughly 34.9 weeks at 40 hours. Just imagine the added opportunity and benefits, and no messy government bureaucracy that tax dollars are forced to support.

My point is, taxes are not what is killing companies, it's the fact people don't have jobs to spend money (which gets a sales tax), and then companies don't have money the government can tax in return. Now imagine a sudden influx of $550 billion in the hands of the public. After we got done spending money on strippers and gum, there might still be around $200 left for other things; Taxable things bought from taxable companies.

If my plan works (and it surely will) next year the economy should be humming along like an economic perpetual motion machine. Until inflation points out once again, that money is an imaginary concept made tangible by tiny slips of green paper, and in which case, never held any intrinsic value anyway. So if my plan does take hold, I suggest you stock up on ammunition and clean water, because by the time the plan runs through to it's logical conclusion, it's going to be Thunderdome in the major cities.