The IRS must be replaced The IRS is not producing the revenues needed to grow our economy. The fact that more poor and lower income Americans pay little or no taxes and the rich and big business have tax loopholes, plus the growing number of Americans who don't even file any income taxes, compiled with many tax cheaters - it's little wonder why federal revenues are declining when they should be increasing. We also have a growing underground economy in America as more and more Americans and illegals are dealing with cash only and not paying any income taxes. This underground economy is at least $500 billion a year. We must have a national consumption tax (aka national volume added or national sales tax) as of Jan. 1, 2011. We can make it 10 percent on everything. Five percent of this national consumption tax goes to the federal government and five percent goes to the states to pay for the unfunded mandates the federal government passes. Also, as of 2011, the IRS should cut IRS taxes in half and make them much more simple. In a year or two, if the national consumer tax increases federal and state revenues, we can double it to 20 percent and nearly eliminate the IRS. A national value added sales tax will let America receive revenues from goods sold in America by slave labor countries and eliminate the cash-only underground economy. Whereas I suggest that the states receive 50 percent of the revenue received by a national sales tax (aka value added tax) the states could collect and monitor this tax. With the exception of two or three states with no sales tax, they could implement and enforce this consumption tax with a few new employees. We must financially help the states because a chain is only as strong as its weakest link. Health care bill is not funded President Obama said, "This health care legislation will be the greatest legislation since Roosevelt passed the Social Security Act" However, unlike Social Securit

America is Now a Socialistic Country

By John D. Rigazio

AuthorHouse

Copyright © 2010 John D. Rigazio
All right reserved.
ISBN: 978-1-4520-6587-8

Contents

PREFACE.......................................................................................................................2INTRODUCTION..................................................................................................................3"BY THE END OF 2010, OUR FEDERAL DEBT PROBLEM" WILL BECOME A CRISIS...........................................................5"MY FATHER, JBR: A GREAT AMERICAN"............................................................................................9I WAS BLESSED TO HAVE SUCH PARENTAL GUIDANCE..................................................................................11EXPLAINING SOCIALISM..........................................................................................................13AFGHANISTAN?..................................................................................................................15FIVE INCOME GROUPS............................................................................................................18SIR JAMES GOLDSMITH WAS AHEAD OF HIS TIME.....................................................................................20CHINA DOESN'T DESERVE MOST FAVORED NATION STATUS..............................................................................23CHINA'S MOST FAVORED NATION STATUS MUST END NOW...............................................................................25WE MUST BARGAIN FOR FAIR TRADE WITH CHINA FROM A POSITION OF STRENGTH.........................................................27HEALTH CARE BILL IS NOT FUNDED................................................................................................29AMERICA'S SEMI-SOCIALISTIC HEALTH CARE SYSTEM IS THE BEST "IN THE WORLD ... HOWEVER, WE CAN'T AFFORD IT.".....................30WELFARE A STANDARD OF LIVING..................................................................................................33OPEN LETTER TO THE CALIFORNIA GOVERNOR........................................................................................37RISK IS NEEDED IN THE FREE ENTERPRISE SYSTEM..................................................................................40"A 'DEAR JOHN' LETTER TO MY FRIEND JOHN NOLAN, EDITOR OF" THE ROCHESTER TIMES.................................................42GDP A FALSE ECONOMIC INDICATOR................................................................................................45THE IRS MUST BE REPLACED......................................................................................................47MAKES SENSE TO ME.............................................................................................................48OUR REPUBLIC IS LONG GONE; OUR DEMOCRACY IS DEAD—WE JUST HAVEN'T HAVE THE FUNERAL YET...................................50DEMOCRATS AND REPUBLICANS HAVE FAILED.........................................................................................54ONLY AMERICA PRACTICES FREE TRADE.............................................................................................56THE HOUSING CRISIS............................................................................................................58AMERICA'S SPUTTERING ECONOMIC ENGINE..........................................................................................60SOCIAL SECURITY PAYS ITS OWN WAY..............................................................................................63THEY DON'T HAVE A CLUE HOW TO GET OUR JOBS BACK...............................................................................65IT WAS STILL ABOUT JOBS IN 2001...............................................................................................68THE TRUTH ABOUT VISAS.........................................................................................................70HOW THE WTO TRANSFERS WEALTH..................................................................................................71THE EARTH IS NOT FLAT; SMOOT HARTLEY TARIFFS DID NOT CAUSE THE FIRST DEPRESSION...............................................73THE INFLATIONARY '70s.........................................................................................................76HE PLANS ON DYING BROKE.......................................................................................................78CAPITALISM IS NOT A FORM OF GOVERNMENT........................................................................................80ABOUT SUPPLY AND DEMAND.......................................................................................................83GLAD SOMEONE KNOWS WHAT'S GOING ON............................................................................................85ECONOMY GOING BUST............................................................................................................87DEFICITS MUST BE PAID FOR.....................................................................................................88AMERICA IS CAUGHT IN A 'FREE TRADE' TRAP......................................................................................89WAKE UP AMERICANS: OUR ECONOMY IS DYING.......................................................................................91HOW LONG CAN OBAMA HOLD BACK ISRAEL?..........................................................................................93LET ISRAEL TAKE OUT IRANIAN NUCLEAR FACTIONS..................................................................................95MAIN STREET USA REVIVING DOWNTOWN A SUCCESSFUL COST PLUS 10 PERCENT COULD HAVE................................................97NATIONWIDE SIGNIFICANCE.......................................................................................................99MANUFACTURING IS THE KEY TO JOB GROWTH IN AMERICA.............................................................................101THEY HAD GREAT FIRST QUARTER EARNINGS.........................................................................................103WE AMERICANS NEED A LOBBYIST..................................................................................................105IF I WAS THE CEO OF GOLDMAN SACHS.............................................................................................107WAL-MART IS A MONOPOLY........................................................................................................109WAL-MART BOSSES URGE THEIR EXECUTIVES TO NOT VOTE FOR DEMOCRATS...............................................................111AMERICA MUST GO ON THE OFFENSE AGAINST TERRORISTS.............................................................................113"GREECE, SPAIN, PORTUGAL, THE U.S.?"..........................................................................................115THE TEA PARTY NEEDS TO OFFER CONSTRUCTIVE CRITICISM...........................................................................116THE COFFEE PARTY..............................................................................................................117WHAT NEEDS TO BE DONE.........................................................................................................118W.O.P. MEANS WITHOUT PAPERS...................................................................................................121

Chapter One

BY THE END OF 2010, OUR FEDERAL DEBT PROBLEM WILL BECOME A CRISIS

Published 2/27/10

We have this year, 2010, to restore confidence to the...