11-18-2007, 12:38 PM
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#7 (permalink)
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Conspiracy Realist
Location: The Event Horizon
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Quote:
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Originally Posted by samcol
You obviously have not read Ron Pauls stance on social security.
Not taxing social security, not raising the requirement age, or not paying people who haven't put money in are totally radical extremist positions.  |
I had heard him say it but host posted this in another thread:
Quote:
...Q: You would -- talking about domestic policies now -- eliminate the income tax. How would you then pay for services that are provided by the government?
Paul: Well, most of the services and most of the expenditures of the government aren't strictly designated by the Constitution. So you want to wean the government, wean the people off from this dependency, because it has led to overdependency, not self-reliance, and a bankruptcy. And that's why our dollar is on the ropes, because we can't afford it. So we just print the money, and we overtax, and we overborrow, and then overprint, and this has led to a very serious situation. And we can't turn that off immediately, and I realize that. And if you just got rid of the income tax tomorrow, it would just make the deficit that much worse, and then they'd print more money. So you'd have to get a consensus of people saying you have to cut the spending.
But my approach is to reverse the trend. If you get to reverse the trend, it would restore some confidence to the markets and I would start with foreign policy. I wouldn't start with any domestic program, where people become dependent. The elderly who have been promised to be taken care of -- although that was maybe not the best way to do it -- you don't start with them. You take care of them. And the only way you can try to fulfill those promises is to stop spending overseas to the tune of not a couple billion -- hundreds of billions of dollars you could save. You could help those who are dependent. You don't have to throw anybody out on the streets.
At the same time, you can get young people out of the system and work toward the day where you absolutely don't need an income tax.
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__________________
To confine our attention to terrestrial matters would be to limit the human spirit.- Stephen Hawking
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