It
must be changed, or the U.S. economy will collapse and in so doing, cause the world economy to collapse as well. We're in very serious trouble. I saw a video on YouTube done by an expert economist who showed that because of this administration spending our taxpayer money at a record setting pace, we now have our national debt run up to over
$17 trillion, (more than all Presidents in U.S. history
combined and in less than five years to boot!), that we could have a 100% income tax rate on every working American, so when you get your paycheck at the end of the week it says
zero because it all went to pay government income taxes, it still would
not be enough to even pay off the
interest on the national debt. Yet we are giving away billions of dollars of our taxpayer money to countries that hate us? What's wrong with this picture? :thumbdown:
We are
broke. We're in big trouble. When the U.S. can no longer meet payments on the national debt because there simply isn't enough money to pay it, the dollar becomes virtually worthless, our economy collapses, the electricity goes off, stores close, chaos and food riots will then begin. Martial Law will have to be declared with armed soldiers patrolling the streets to restore order, curfews enacted, houses, cars, money and all property subject to be seized by the military at will, all elections suspended, all Constitutional rights suspended, etc. It's realityville time. :blink:
Either the corporate tax rates are lowered to a reasonable level, (if not the lowest in the world), bringing businesses and American jobs back to the U.S., which will increase employment, resulting in a greater volume of people paying taxes, (thereby increasing the volume of taxes collected), growing the national economy out of this mess and pay down the national debt, or let's face it, the economy will collapse and our lifestyle as we know it is over. It's not a pretty picture at all, but we have to deal with the reality that is staring us right in the face. Our government can
not continue to spend, spend, spend us into oblivion. Fiscal responsibility must happen and this insane spending of our taxpayer money must come to an end. The taxpayer box of gold is
empty.