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Joe Karlovich's avatar

I’m cautiously excited about the wealth fund.

It will only be as good as the people running it. And when Democrats take over again, you know the fraud and corruption that reeks out of them will infect this fund. I don’t see how you can protect that money from greedy politicians.

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Dawn's avatar

I would be more excited about doing away with these income/property taxes. The gov't has had how many years to manage our social security monies and look how well that went for the people whose money is in that fund.

So this wealth fund would be what?? Social Security 2.0? I can take care of my own money, health and what I eat very well on my own thank you.

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Juliaah's avatar

I think its a Trump herring, get everyone talking about it, realise how it could be abused, then bring in tax changes without opposition

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Dawn's avatar

Maybe. It just gripes me to see how much money has been stolen from hard-working American citizens and used for illegals and bureaucrats. The Boston Tea Party was about less taxation than what we suffer now! The rich get richer and the rest of us work harder and learn to do without.

Taxes are basically un-American. All this is making it really hard for me to want to get my taxes done this year and then pay in more to Uncle Sam!

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donzel w's avatar

I hope. Property and income, first to gooooooooo!

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Trilby's avatar

Property taxes go to the locality the property is located in, to pay for local services, so I don't see them going away.

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Lorita's avatar

Local and state property and income taxes are just mini cash cows in Oregon.

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LMWC's avatar

I agree.

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Principled Pragmatist's avatar

Our job is to make sure the Dems never return again. If we can be super successful over the next 4 years and fix our voting systems to prevent all the fraud, they won’t be able to return.

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LMWC's avatar

Then you’d be thinking the Republicans in DC are any better. They’re not. Right now the right people are in, and they have given us breathing room. But we need to get rid of as much governmental control, (that includes money), as possible. Then clean house in the GOP as well as the Democrats.

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Cowgirl Dee's avatar

It’s not the dems I worry about ‘‘its the deep state “spirit” that I fear. It operates in both parties.

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TW's avatar

What about if the govt just opened an actual account for each citizen at their birth? Put $10000 in it (or whatever amount) and then it's the individuals to do with as they see fit. It could be used for anything, education, retirement, property.. And its out of the govt's hands. Dems cant steal it like they have w SS.

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SB's avatar

Could surplus from one year be used to cut taxes the next. Maybe for every $5000 you pay in federal tax you get $100 rebate or such? IDK but I suspect the faster the money is removed from government hands and given to. Citizens, the better. Just like SSA, if we were allowed to invest that money ourselves, I suspect at least 30-40% of us would be better off.

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