Frank Moore For President 2008

Candidate of the Just Makes Sense Party. Vote for Frank Moore. He gets results!

Thursday, October 30, 2008

how Frank would pay for all of the programs he proposes!

From Virtual and Open Presidential Debate for 2008

Mr. Moore,

Great ideas on campaign reforms.

How do you plan to fund all the "free" programs you list?

With considerably reduced military, how do you propose to defend the USA against probable attacks?

Respectfully,

Daniel Kingery


Frank Moore wrote:
I’ll do away with all tax deductions for over $12,000 income. Instead, there will be a flat tax of 10% on annual income of less than one million dollars for an individual and less than five million dollars for a corporation. But the flat tax will jump to 75% on annual income exceeding these limits.

I’ll cut the military budget by at least half.

I will also reduce the federal government while raising services to the people by getting rid of welfare, social security, the so-called war on drugs, etc., and by the cuts in the military, the I.R.S., prisons, etc.

We will use half of the money we will save by cutting the military budget to pay down the national debt. I will shrink the federal bureaucracy and again use half of the savings for this pay down. I will reduce the pollution caused by obscene corporate profits.

Basically the problem is not a lack of money, but what we have spent our money on…war, pork, waste, etc. It has been a standard trick to distract us with supposed waste, fraud, etc. in the social programs while milking us out of billions in military waste, corporate welfare, etc.

Today, because of monopolies, we pay much more for drugs and have less access to drugs than most Western nations. The drug companies are searching for what will generate the largest profits, and that dictates the research. This means many problems that are deemed unprofitable are left unexplored. Under my policies, companies that develop drugs based on research done at universities, government labs or other public institutions will pay royalties to those public institutions, thereby making future research possible.

It is to get back to common wealth rather than wealth, to induce the break up of the big corporations, to bring back the control of our society to us the people, to turn away from greed and distorting huge profits, and shift the burden of paying for our common good to those who have the ability to pay. all of this will open up a great wealth of new opportunities for everybody.

Frankly, most of "the rich" make out very well under my plan. In your personal life, do you know anybody making a million dollars a year? I don't. but I would call that person RICH. and that person would pay at the 10% tax rate. Not bad! The rich...like everybody else...will get $12,000 tax-free each year, free health-care and education, etc. Businesses won't have to provide health-care or pensions to their workers. Yep, the rich will do quite well. and the wealth junkies can still make as much money as they want. They will keep 25%!

All businesses selling their products in the U.S. will have to certify that their products were manufactured in accordance with this country’s labor, wage, environmental, and safety laws ... that they meet or exceed these ... no matter where they were produced. This would curb people’s desire to come to this country for a better life. It would also remove the corporations’ motivation for draining jobs from this country. Businesses would pay non-citizen workers at least the minimum wage which would be tied to the cost of living. Businesses that hire non-citizen workers would pay a tax to cover the additional costs to our educational and health systems. This tax couldn't be taken out of the wages of the workers.

The military budget is so bloated, so focused on the past, cutting it by half would actually increase, rather than decrease, our military defense effectiveness.

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