It's Not Rocket Science

We all complain, with good reason, about the problems of big government's involvement in our daily lives and the high cost of all the various taxes that we pay, and these days, of course, we complain about the state of the economy and the lack of any clear plan on how to fix it.

Recently I read an article by Jim Gamman , in the blog American Thinker, that talked about why so much manufacturing has disappeared from the American scene and gone to other countries. The reason, of course is that we are no longer competitive with these countries. As he says, we typically blame this inability to compete on the fact that labor costs are so much lower in these other countries. But according to Jim, the higher cost of labor is not what makes us uncompetitive. It's the much higher costs for raw materials in the U.S. The reason we pay so much more all has to do with the hidden cost of taxes and the costs of compliance with a myriad of government regulations. In other words, the reason that America can't compete in the world economy is the cost burden of the U.S. Government on busibess.

This revelation made quite an impression on me. Thinking about what Jim Gamman had to say, I arrived at the conclusion that America's problem can be fixed. It's not rocket science. It's just common sense. The only difficulty would be finding enough politicians with the courage to do it. Let me explain.

If ours is a government of the people, by the people, and for the people, then whatever We The People ask of government We The People should be willing to pay for. A simple concept. Like I said, it's not rocket science. Here's my three point plan.

1.) Eliminate all corporate taxes, all business taxes, and all forms of income taxes.

2.) All costs for complying with government mandates and regulations would be paid for by the local, state, or federal government responsible for the mandate or regulation. Businesses would submit independently audited invoices for their compliance costs to the appropriate government entity for reimbursement.

3.) Federal, State, and Local governments would fund all of their operating costs by way of a retail sales taxes ( bushesses that buy wholsale woud not pay sales tax ), which would be reflected in every sales receipt. Note: Food and medicines would be exempt from sales tax.

A simple plan, right? Don't be to quick to write it off. Think about it first.

Points 1 and 2 would make the United States the most competitive business environment in the world. Manufacturing would return to America with a vengeance. There would be an investment and business boom like we've never seen before. Full employment would be a matter of course. Also, the costs for American produced goods and services would fall dramatically. Note: If We the People demand certain regulaations be put on corporations or busnesses, then We the People will pay for it in the Federal sales tax.

As regards point 3, bear in mind that I've not advocated any reduction in government or programs, or anything else. Government would be just as big and just as costly as it is now. The difference is that every time we made a purchase, we would see exactly what government is costing each and every one of us. We just might decide we didn't need all those things we've been asking government to do for us ( or that the government has said they must do for our own good).

Enough said.

Sense or nonsense?