Comments by "mpetersen6" (@mpetersen6) on "Want Real Prosperity? Deregulate, Lower Taxes, and Streamline the Government" video.

  1. Nice idea, but it will never happen without a revolution. The problem with revolutions is generally they get hijacked. Taxes. If an income tax is necessary make a simple flat tax. There are two ways to do it. A single percentage that everybody pays. Or a system where from 0 to X you pay no taxes. X to Y say 5%. Y to Z say 8%. Above Z 10%. And you do not have to pay on previously earned income when you move up to a higher bracket. And there are no personal deductions. Period. Businesses are a different matter. It's not just income taxes people pay. Its excise taxes on gas, tires etc. Its State, County and sometimes City Sales taxes. Go on vacation and you'll pay an extra room tax and possibly extra taxes on food. One could argue that at least they're fair in that you used it. One thing that would lessen regulation and make it easier on business is to reduce the number of fuel blends the EPA mandates for cars that burn gasoline. Summer blends, winter blends. Region A gets a different blend than B. Either outlaw government worker unions or eliminate any say they have in firing and hiring. There are areas where government oversight may need to be increased or maintain the same level. Clean water for one. Sewage districts for another. Air quality. Personally I'm in favor of banning coal burning power plants after a certain date. But I'm also in favor of increased government sponsored research into fusion power. I'm not talking about the money pit in France the Dept of Energy is involved in. I'm talking about some of the start-ups that are looking at alternatives to the extremely large projects. Building a reactor that can achieve fusion is actually pretty easy. People have done it in their basements. Getting usable power out is something else. One thing that goes along with fusion research is materials research especially high temp superconductors. Increased medical research that focuses on improved public health.
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