Tuesday, June 21, 2011

A Simple Solution -

I was watching some bobble heads on one of the news channels discuss where the budget should be cut. One side said it should come welfare and medicare. The other guys want the rich to pay higher taxes. I started thinking about how much we could cut if we enacted a 10% program. The first step would be to reduce the salary of every politician by 10% regardless of party or tenure. Next, reduce every state and federal budget by 10%.Finally, require every corporation making a profit to reinvest 10% of that profit into creating new jobs in the US.
I wonder if it could make a difference?