Post Your Economic Platform Here

[Kingpoleon]

- Consumption/sales tax of 2.5%, with an exception for those at or below 150% of the poverty line
- Taxes: 25.4(+7.0) cents per gallon and 30.4(+6.0) cents per gallon for diesel fuel
- Raising federal minimum wage to $10.10
- Healthy Americans Act
- Negotiate sanctions on China until they put pressure on North Korea to release political prisoners and liberalize, presenting a united front with Japan, South Korea, Indonesia, India, Russia, Brazil, the United Kingdom, Canada, Mexico, and the European Union
- https://budget.house.gov/uploadedfiles/wydenryan.pdf
- Support further foreign aid to Rojava, Peshmerga, and the Syrian National Council, as well as consider temporary aid to Tahrir al-Sham to weaken Assad
- Free trade agreement with the United Kingdom, India, Australia, Indonesia, Japan, South Korea, Canada, Mexico, Brazil, France, Germany, Israel, Ireland, Argentina, and (hopefully) all of the European Union

Current tax brackets:
1: 5%
2: 20%
3: 29.5%
4: 33.3%
5: 37.5%
6: 44.5%
(All hikes equal on the respective and corresponding brackets of married couples, single people, etc.)
- Cut all welfare besides food stamps
- Guarantee basic income of up to $20,000, as a supplement for other income(if there is any), and for those who make below that and work above it, they will continue to receive $5,000->$3,000->$1,000 in a three year period after they cross the line of $20,000 per year; states are encouraged to give further funding of a basic income
- Increase NASA budget to $184,000,000,000


I believe this covers most things, except for the military and the Federal Reserve. I'm not completely sure, but I believe this also gives a balanced budget.

[Kingpoleon]

- Reform Sarbanes-Oxley and Dodd-Frank, but I doubt you can find much useless regulations there.

I should point out that the U. S. has a similar problem to many European countries: our regulations that everyone proposes keep being written and edited by the very big businesses they are supposed to be regulating. Therefore, these regulations can be handled by big business easily and end up just hurting small businesses.

[Kingpoleon]

- Consumption/sales tax of 9.9%, with an exception for those making below $25,000 a year
- Taxes: 28.4(+10.0) cents per gallon and 39.4(+15.0) cents per gallon for diesel fuel
- Raising federal minimum wage to $10.10
- Hickenlooper-Kasich for two years, then Healthy Americans Act
- Negotiate sanctions on China until they put pressure on North Korea to release political prisoners and liberalize, presenting a united front with Japan, South Korea, Indonesia, India, Russia, Brazil, the United Kingdom, Canada, Mexico, and the European Union
- https://budget.house.gov/uploadedfiles/wydenryan.pdf
- Support further foreign aid to Rojava, Peshmerga, and the Syrian National Council, as well as consider temporary aid to Tahrir al-Sham to weaken Assad($20 billion)
- Free trade agreement with the United Kingdom, India, Australia, Indonesia, Japan, South Korea, Canada, Mexico, Brazil, France, Germany, Israel, Ireland, Argentina, and (hopefully) all of the European Union

Income Taxes:
1: 0%
2: 5%
3.0: 27%
3.5: 30%
4: 33%
5: 35%
6: 37.5%
7.0: 39.5%
7.25: 42.5%
7.5+: 44.5%
(All hikes equal on the respective and corresponding brackets of married couples, single people, etc.)
- Cut all welfare besides food stamps and HUD funding
- Guarantee basic income of up to $20,000, as a supplement for other income(if there is any), and for those who make below that and work above it, they will continue to receive $5,000->$3,000->$1,000 in a three year period after they cross the line of $20,000 per year; states are encouraged to give further funding of a basic income
- Increase NASA budget to $184,000,000,000
- Carbon tax on companies and company/business transportation

What do you guys think of these modifications? I'm thinking of adding suggested reforms for education...

[Kingpoleon]

So if I make below $20 000 I have no incentive to increase my wage? That doesn't sound great.

Um... Yes, you do. Anyone who makes >$15,000 a year will receive more benefits than otherwise for the first year. Anyone who makes >$17,000 a year will receive more benefits than otherwise for two years. Anyone who makes >$19,000 a year will receive more benefits than otherwise for three years. In the short term, which is how benefits should be seen, making more money always profits you under this system.

[Kingpoleon]

- Consumption/sales tax of 9.9%, with an exception for those making below $25,000 a year
- Taxes: 28.4(+10.0) cents per gallon and 39.4(+15.0) cents per gallon for diesel fuel
- Raising federal minimum wage to $10.10
- Hickenlooper-Kasich for two years, then Healthy Americans Act
- Negotiate sanctions on China until they put pressure on North Korea to release political prisoners and liberalize, presenting a united front with Japan, South Korea, Indonesia, India, Russia, Brazil, the United Kingdom, Canada, Mexico, and the European Union
- https://budget.house.gov/uploadedfiles/wydenryan.pdf
- Support further foreign aid to Rojava, Peshmerga, and the Syrian National Council, as well as consider temporary aid to Tahrir al-Sham to weaken Assad($20 billion)
- Free trade agreement with the United Kingdom, India, Australia, Indonesia, Japan, South Korea, Canada, Mexico, Brazil, France, Germany, Israel, Ireland, Argentina, and (hopefully) all of the European Union

Income Taxes:
1: 0%
2: 5%
3.0: 27%
3.5: 30%
4: 33%
5: 35%
6: 37.5%
7.0: 39.5%
7.25: 42.5%
7.5+: 44.5%
(All hikes equal on the respective and corresponding brackets of married couples, single people, etc.)
- Cut all welfare besides food stamps and HUD funding
- Guarantee basic income of up to $20,000, as a supplement for other income(if there is any), and for those who make below that and work above it, they will continue to receive $5,000->$3,000->$1,000 in a three year period after they cross the line of $20,000 per year; states are encouraged to give further funding of a basic income
- Increase NASA budget to $184,000,000,000
- Carbon tax on companies and company/business transportation

What do you guys think of these modifications? I'm thinking of adding suggested reforms for education...

It is unworkable. The consumption tax is just crazy to implement. How the hell do you waive off the tax for some low income people? Are they supposed to be 2 prices? How do they check every sale & ensure that person deserves the tax waive off?

Also, there will be  huge leakages with this kind of thing. Indirect taxes are easy to collect & a small tax can net huge revenue & are almost impossible to avoid - Which is why govt all over the world like it. But this kind of thing has probably not been done & is likely impossible to implement.

Australia, Brazil, Canada, China, Denmark(which has a 25% sales tax rate), Finland(which has a 24% sales tax rate on most things), France(20% mostly), Germany(non-food 19%), India, Indonesia, the Netherlands(21% mostly), Norway(25% mostly), Palestine(14.5%), Russia(mostly 18%), and Sweden(mostly? 25%), as well as others, for a total of 160 countries. It is not impossible by any means, and the same we give food stamps based on income we could give out tax exemptions. In fact, I wouldn't necessarily oppose an increase to that of democratic socialist countries - 20-25% - with the same exemptions(meaning none that I know of) for those making below a certain income, if it was necessary to balance the budget.

Your claim is deeply untrue.

[Kingpoleon]

- Consumption/sales tax of 2.5%, with an exception for those at or below 150% of the poverty line
- Taxes: 25.4(+7.0) cents per gallon and 30.4(+6.0) cents per gallon for diesel fuel
- Raising federal minimum wage to $10.10
- Healthy Americans Act
- Negotiate sanctions on China until they put pressure on North Korea to release political prisoners and liberalize, presenting a united front with Japan, South Korea, Indonesia, India, Russia, Brazil, the United Kingdom, Canada, Mexico, and the European Union
- https://budget.house.gov/uploadedfiles/wydenryan.pdf
- Support further foreign aid to Rojava, Peshmerga, and the Syrian National Council, as well as consider temporary aid to Tahrir al-Sham to weaken Assad
- Free trade agreement with the United Kingdom, India, Australia, Indonesia, Japan, South Korea, Canada, Mexico, Brazil, France, Germany, Israel, Ireland, Argentina, and (hopefully) all of the European Union

Current tax brackets:
1: 5%
2: 20%
3: 29.5%
4: 33.3%
5: 37.5%
6: 44.5%
(All hikes equal on the respective and corresponding brackets of married couples, single people, etc.)
- Cut all welfare besides food stamps
- Guarantee basic income of up to $20,000, as a supplement for other income(if there is any), and for those who make below that and work above it, they will continue to receive $5,000->$3,000->$1,000 in a three year period after they cross the line of $20,000 per year; states are encouraged to give further funding of a basic income
- Increase NASA budget to $184,000,000,000


I believe this covers most things, except for the military and the Federal Reserve. I'm not completely sure, but I believe this also gives a balanced budget.

this is really all good, except keep basic income to 5,000 and 0 for people who make >50,000, also add some good ford policies

You know this isn’t a universal basic income, correct?