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you are quoting a heck of a lot there.
[QUOTE]blah blah blah[/QUOTE] to reply to ShadowSD.
Please remove excess text as not to re-post tons
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[QUOTE="ShadowSD:1333476"]So now that the election's over, there's all this jibba jabba back and forth about the best exact way to cut the national deficit in the grand bargain... everyone here knows by now I really can't stand shit that's presented in a needlessly overcomplicated way ALL THE TIME when it doesn't have to be, whether it's music theory or budget math or anything else constantly prone to that, so in the spirit of what I posted in the election thread here's simple arithmetic (in this case for what I'd suggest if I ruled the world): Eliminate SS payroll tax cap ($100B/yr) + restore 50% marginal income tax rate from third year of Reagan Presidency ($190B/yr) + eliminate all tax deductions ($1.172T/yr) = Total Added Revenue $1.462T/yr Lower taxes under $250K/income by $4000/yr ($542B/yr) + lower corporate taxes from 35% to 15% for companies owned by those earning under $343K household income ($90B/yr) = Total Lost Revenue = $632B/yr $1.462T - $632B = $830B/yr Deficit Reduction = $8.3T Deficit Reduction Over Ten Years Simple tax code, deficit nearly wiped, small businesses and the middle class pay either about the same or considerably less in income taxes. A panacea for conservatives, moderates, and progressives alike.[/QUOTE]
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