How would YOU decrease the national debt?
- Thread starter Edrof
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Permabanned
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Everything bureaucratic has been created to try and stop a problem occurring - not just for fun!
Yes, but there is too much of it.
Sorry - just got excited. It's not often I meet another member of these forums who thinks the same way I do. It's a military thing
We should privatise and rename the Benefits Agency....Cannon Fodder Ltd, then it would be a real FRONTLINE service 
Associate
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I think we can start by scrapping our entire military force.
We then replace it with Jack Bauer.
We then replace it with Jack Bauer.
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Man of Honour
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CRB checks follow the individual, and are valid for 3 years, plus the rules have already relaxed on them!
That is not true, they are valid for three years, but each local authority has it's own requirements and some will accept other CRBs carried out by one authority, but equally they may not.
No incentives for more than 2 children, be they tax credits or income support child benefits. If you wish to over populate, you need to be able to pay for it.
Income tax to be completely scrapped. Tax is to be raised in the form of VAT on everything you purchase, including food. You spend more, you pay more tax.
Tax based bureaucracy can be completely scrapped, everyone knows where they stand. This includes all tax benefits & credits.
A reworking of the benefit system. I'm not the sort that could ever sit around expecting income without working, I fail to see why this is encouraged.
Human rights review. Mainly that if you infringe my human rights in a crime for example, you lose your own for that case. Compensation payouts dramatically reduced.
Off the top of my head, I'd prefer a country like this.
Income tax to be completely scrapped. Tax is to be raised in the form of VAT on everything you purchase, including food. You spend more, you pay more tax.
Tax based bureaucracy can be completely scrapped, everyone knows where they stand. This includes all tax benefits & credits.
A reworking of the benefit system. I'm not the sort that could ever sit around expecting income without working, I fail to see why this is encouraged.
Human rights review. Mainly that if you infringe my human rights in a crime for example, you lose your own for that case. Compensation payouts dramatically reduced.
Off the top of my head, I'd prefer a country like this.
This would ruin the country, no one would work hard to become doctors, scientists or any one of high value to the country as their is no point in doing these things if they get the same wage as a cleaner.
But surely everyone wants to help the old country out of the hole it is in?
I'm sure everyone wouldn't mind paying a bit of tax to keep us solvent.
And of course in the new people's utopia a cleaner is as important as a scientist!
I'm sure everyone wouldn't mind paying a bit of tax to keep us solvent.
And of course in the new people's utopia a cleaner is as important as a scientist!
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![[FnG]magnolia](/styles/overclockers/avatars/9.png){kind=avatar}
Caporegime
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My post was meant to be tongue in cheek but I really don't understand your response. How does your economical car reduce the national debt whereas my 20mpg car doesn't? I buy more fuel than you and fuel is heavily taxed. Surely an economical car reduces the amount you spend therefore reducing revenue to the Government?
[FnG]magnolia;16798790 said:
This is true, petrol along with cigs and some other goods are price inelastic goods meaning that people will keep buying them at the same rate even if price goes up, this means that the goverment can tax them heavily and increase tax on them often. so that 18mpg car will infact raise more tax then the eco car as fuel is heavily taxxed.
Money is a shared delusion, it only works so long as everyone agrees it works, if everyone one day simply decided there was no debt for instance, there would be no debt.
Though I think the only way this could really work would be to detonate a nuclear bomb above every major city in the world thus destroying every computer system with an EMP bast and shifting us back to the middle ages, at which point the matter of debt would probably be solved by everyone killing each other, resulting in nobody to HAVE debt and thus, no debt at all.
Though I think the only way this could really work would be to detonate a nuclear bomb above every major city in the world thus destroying every computer system with an EMP bast and shifting us back to the middle ages, at which point the matter of debt would probably be solved by everyone killing each other, resulting in nobody to HAVE debt and thus, no debt at all.
Spend 10 years getting further into debt buying and importing global resources for the steel manufacturing trade. Then spend the next 10 exporting steel to growing nations. Eventually have a nationalised private monopoly on the global steel trade and become a vast empire. Also screw the Geneva treaty and invade some small countries and be able to do this due to having steel to export to China and USA. This would take 60+ years, but we'd get an empire back.