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split63

User Profile Image split63
Member since : Jun-02-2009 (Verified)
2 Ideas, 6 Comments, 88 Votes

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Ideas Posted


Lets put a 4 year term limit on US Senators....for obvious reasons.
I think this could easily have tremendous bi-partisan support among citizens. It would of course have no support in the senate.

We need a champion to push this.
If you performed the man on the street interview, and asked people any or all of the following, the results would be alarming:
1. How much did you pay in state and federal taxes last year?
2. Do you know what your state and/or federal tax rate/bracket is?
3. What percentage of your monthly pay goes to taxes?
4. What forms of taxation do your pay? (SS, Medicare, Fed Income, State,etc.))
The point is that most people can not answer any of the above because its nothing within their control so it gets none of their attention. So when there is a tax tea party, most don't take part because they are ignorant and unaware of the facts. What if instead of the employer being solely responsible for withholding these taxes, we involved the employee/taxpayer. If the taxpayer was required to approve the withholdings on a monthly basis, by physically re-writing the tax amounts and then signing, suddenly the significance of the amounts withheld would be thrust into their purview.
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Comments Posted

split63 9 months ago
No, two term max, with no chance to serve again.
split63 9 months ago
Expect Lemons
split63 9 months ago
The media does a good job of diverting attention and vilifying the innocent. And of course the bulk of people believe everything they hear.

The fact is that Congress pushed hard for banks to provide mortgages to people that could not afford them. This loose lending combined with teaser rates resulted in a boom in home sales which drove the prices up. This of course was not sustainable, and the boom went bust. New home owners could not pay their mortgages so the loans started failing. This resulted in huge loses by the banks. Yes, the banks LOST money. The media and gov warned up potential bank failures, which caused runs on the banks. This caused the banks to fail in some cases and nearly so in others. So in steps the Gov and forces money on the bankers, even if they did not need the money. Oh, and that money, is our tax dollars. Now that confidence by people has improved the banks are making huge profits.

Bottom line, the Banks and Bankers are not to blame here, it was the meddling of congress. And now that congress is meddling exponentially, we are in for some serious hurt.
split63 9 months ago
12 years is too long. 4 years or 8 at the most.
Frankly, when you think about it, the need for representatives/senators is an antiquated concept. The idea was that these people would carry our voice to Washington. But with the internet, we can deliver our voice directly. Why not let the people vote on congressional matters? At a minimum, give the congressman a vote, and the people he represents a votes. In this way, the people can at least negate their rep. if need be.
split63 9 months ago
Its important that something like this be constructed so that it can't be ignored. It should not be like all the disclosures found in the real-estate. People just sign and ignore the contents. That is why I proposed that the taxpayer would be presented with a form from the employer and on the form is the monthly taxes. The taxpayer would then be required to rewrite the amounts in some box(s) and then sign. I personally do not want the hassle that this imposes monthly, but I want some way of forcing awareness.
split63 9 months ago
The fact that you are on this forum means that you are more aware and involved than those that I'm referring to. I'm referring to the masses who vote in these people in congress that push these taxes. I'm referring to those people who don't do their own taxes or if they do they use turbotax and just answer the question without really knowing what is going on. I'm referring to the people who believe everything they hear on the nightly news. They do no research themselves, they are not interested.
Imagine if they had to write a check each month to pay the taxes withheld.