tag:blogger.com,1999:blog-3776665703590564248.post3620366954903396613..comments2024-03-27T01:57:19.605-04:00Comments on Return To Excellence: The Income Tax - The Base Of America's Road To RuinReturnToExcellence.nethttp://www.blogger.com/profile/18149859814999976879noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3776665703590564248.post-48391016563183090922016-12-25T03:20:20.295-05:002016-12-25T03:20:20.295-05:00This comment has been removed by a blog administrator.Masoodhttps://www.blogger.com/profile/04095015619118883200noreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-87632494978052534822015-04-16T19:47:49.520-04:002015-04-16T19:47:49.520-04:00Doug – outstanding job in presenting the tax payin...Doug – outstanding job in presenting the tax paying status per income level. The current status has led many Americans to look to the Government for security and entitlements. This then has widened the income gap between the top earners and many in the middle-lower levels. Those who improve their income earning capacity (and have fun doing so in their chosen professions) are the ones who thrive even in tough economic times. The goal then is for all Americans to develop their God given talents and skills. Otherwise complacency sets in and the citizenry in large part then votes for politicians who promise to maintain, even increase entitlements, and to further tax the high income earners. The economy then staggers; we witness that now.<br /><br />The above scenario presents a huge obstacle for GOP presidential candidates. They are accused of being insensitive to income inequality. However, they must strongly and concisely explain why applying oneself in the private economy and as an entrepreneur are the best ways to decrease income inequality. <br /><br />I have a bias for presidential candidates with a proven record of private economic success. I was greatly disappointed with Romney, an utterly poor campaigner. I have hopes however that a Carly Fiorina candidacy can succeed where Romney failed – a clear message that championing our entrepreneurial spirit and developing private economy skills result in a most robust economy. In the process, Carly citing her personal career successes, could then persuade many that current Democratic economic and social policies result in the War on Women, another key issue GOP must master if it has any chance of winning in 2016.<br /><br />Finally let’s win by clearly explaining how our economic policies can enhance income earning capacity for all. Then we’ll work on the Fair Tax, touting its incentives for entrepreneurial activity while maintaining a progressive tax structure but where all have a role in paying taxes. We will then look forward too much better graphs and tables from you within 4 years. <br />Economics501http://economics501.wordpress.comnoreply@blogger.com