[expiclefich]

keeping it real

[Unonounaple]

Maybe the best solution to our debt and deficit spending:

1) increase taxes for the wealthy

2) decrease spending in military and in other programs such as some of the larger entitlement programs

3) close ALL tax loopholes (especially those that wealthy and corporations enjoy) and hold IRS accountable to more rigorous, consistent enforcement of taxes

4) find some agreement with as many countries as possible to allow United States to tax overseas bank accounts and assets (if you're an American citizen with overseas bank accounts or assets isn't there some legal ground for such taxation?)

5) end corporation welfare and bring a return to a more true free market where only the profitable corporations survive


All of these solutions combined as an overall strategy might work. BUT none of this is going to happen - idea four is probably the most unrealistic or impractical.