Americans needs to educate themselves on what % of their federal income tax dollars go toward federally-sanctioned programs and what % goes toward paying interest on debt owed to our “central” bank, which is just a conglomerate of old world banking houses from Europe.

There is a reason that Woodrow Wilson said “I have unwittingly ruined my country” after he left office.

Steve Forbes laid out the best alternative tax plan, one that is better for the individuals, small businesses, and best for the economy as a whole.

Of course, the candidate with the best ideas rarely makes an impression on the US electorate.

In 1930, 30% of income from taxation came from US corporate taxes. In 1999, that % shrunk to 9%. Last year, 7%. Corporations have increased exponentially in number since 1930, as have their profit margins, and yet their tax liability has decreased dramatically. hhhhmmmmmmmmmm

On the other hand, Virginia (my adopted home state) went through the same thing a few years back. The state went into panic mode and raised taxes and then a year later had a ONE BILLION DOLLAR surpus.

My first response, of course: “Why in the hell did we have to raise taxes if we have a surplus?”

Ask me if they dropped those taxes.

Now we’re in another financial quandry regarding transportation dollars in Northern Virginia which somehow manage to make their way DOWN to Richmond, but never make their way back up.

Republicans in the State Senate and House of Delegates, nobly refuse to get lured into another tax hike, and want to use general funds to help Northern Virginia and Hampton Roads with transportation infrastructure…Democrats of course feel that is their duty to humbly ask Virginians to fork out more tax dollars…

It’s a long story but it’s been a virtual stalemate for almost two years.

I have an idea, though…who made the rule that people have to pay the same FEDERAL income tax regardless of what state they’re in?

Why not set it up so that if a State is taking extra responsibility for their own resources with their own tax money, that they keep their state income taxes where they are or even raise them a tad, and tell the Federal Government to take a hike on funding, but instead to grant tax credits to all Louisianians.

Education would be a great place to start. If a state, let’s say Louisiana, took some of that surplus and really did a number on their school systems so that they didn’t need Federal Education Dollars anymore, then all FEDERAL taxpayers in the State of Louisiana should get a tax credit.

That would shift a huge part of the responsibility to the State and people’s tax dollars would go further (without that expensive trip to Washington) and stay closer to home.

Can’t help but think market forces would prevail there.