first and foremost my immediate fix for the federal budget would be a two percent straight across the board cut in federal spending in all departments
now dealing on the federal level
yes
two percent two percent is a good choice but to as far as to increase tax revenues coming in you need to a redesigning of the entire tax structure itself corporate America is getting away with bloody murder
where as the people out here are having to pay such a high amount of their actual bring home salaries into taxes the corporations are getting off easy because they're actually paying in less than five percent of their gross national product
or their or their
gross national product or profit okay
profit rather
i'm not knowledgeable in that area so i can only agree with what you're saying
if they made it straight across the board everybody pay five percent
if their gross
national profit
was
say a million dollars then pay five five percent of that
um-hum
seems fair to me also individual level
but the um
overall it just seem like they've modified the tax laws so bad just the last five years the rich is it's definitely case that the rich are getting richer and the working people
middle class and
you know the lower middle class and the upper middle class are having to carry the entire burden
um-hum
well i am awfully bored with uh every
every tax change uh supposedly having all these built in benefits for the poor because
i think we have such a mismanagement of the funds that are designated for the poor so much graft
and so much misspending that that money doesn't necessarily go where it's supposed to go
uh i know you don't ever cutout greed and corruption but i think the management of the
welfare dollar needs to come back to to the local levels because the local people know exactly who needs that money and who doesn't need that money when it's directed from afar
i think the chance for misspending is greater
i i suppose i'm thinking more in terms i i'm not thinking in terms of increasing taxes i'm just thinking for a quick fix
uh a cut in federal spending is i guess my solution
as long as you got congressmen and senators that are getting kickbacks
kickbacks from these different companies that are getting awarded for the defense contracts that's never going to happen
i know that's well maybe that's what i'm saying as long as greed and corruption is in there how do we get away from that though
the one thing that i
had thought about
to help correct that problem you've got career politicians that spend thirty forty years in Washington that's all they have ever done
right
after they've been there that long they're so deep rooted with their the old boy network
um-hum
i think by limiting the number of consecutive terms a congressman or senator can hold whether it be a state congressman
or senator or at the national level limiting the two terms and then they've got to sit out one
um-hum
i think that's wonderful when do we first when do we then start giving them their lifetime income as a retired politician
i don't think we should ever give them a lifetime income
but we do don't we
unfortunately
yes i know many people have said well if you throw everyone out and start over but then you
uh the the amount of them who would be on lifetime income is so stupendous there's they have locked their benefits in to the point that once they've served two terms they're on gravy train anyway
yes i think you're right i don't think we should ever give them a lifetime thing
and they're the ones that have screamed so much much much about
that don't want to increase taxes and they don't want to do this but every year they vote themselves in a very healthy pay raise
it they don't they speak with fork and tongue don't they
at least we're in agreement on that aren't we i'm afraid i have no other thoughts on fixes and i'm not really sure that they would accept our suggestions anyhow
i think eventually it's going get to the point where
there's going to be a majority of the American people that have had enough of what it's
finally come to we're
you getting so far down to where
you're being taxed so far down where you can't even afford to change your mind
um-hum
it's going to come to a point where the average American citizens say we've had enough
how do they react then
we're prosecuted if we simply don't pay our taxes so i'm not real sure how you believe then that eventually there'll be an overthrow
we know communism doesn't work what do we do next
well in the form of capitalism that we've got apparently that's not working real good either
uh i heard uh someone uh supposedly an authority saying speaking on TV saying that the interest rate as we have known it in the past will never be the
that high again and he was speaking in senior citizens living on their incomes of from interest CD interest and that sort of interest i think
the voting block of senior citizens is a tremendous voting block too but every voting block is
slapped and toward their own special interest and i think that makes it doubly difficult to make a change i guess i'm saying we're all selfish
maybe not a case of everybody being selfish
every man carry their own fair burden but not somebody else's
yes that's true
it doesn't seem to workout that way though does it i think that the lobbyist uh
are so protecting what they have in the budget that it doesn't seem to work that every man has to pay his own fair share and maybe that's why corporate America gets away with what they're doing
because of the kickbacks and et cetera
i'm a bit of a a pessimist i don't see a change in my lifetime i'm afraid
you're younger perhaps you can foresee one
i never put anything beyond
as far as when it'll happen
that i'm not real sure of if it will happen i have no doubt
um-hum
um-hum
yes i think you're right i'm just saying that i don't think the American people are at this point rebellious enough that it will happen in my lifetime
yes i think eventually the system will change i still think we have the best system
uh with the elected officials i i'm not sure that uh
it's working right now though
it is the best system that's out there right now but it does need some fine tuning at this point
absolutely nice talking to you
okay nice talking to you bye
bye
