Diary

THE LOGIC OF REAL CHANGE "TAXES"

 

 

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FROM A JEFFERSON RADICAL

THE LOGIC OF REAL CHANGE

Real change will be foreign and uncomfortable. The accepted ways of doing business have to be abandoned but logic has to be held on to.

Abandon tax and spend and look at the logic that any financial planer would advise any family save and invest. Live under your means and save for retirement which is when you can live off the 60- 70% of the average return on your investment. The logic of the financial planer will suggest if you want to retire in 20 years with a comparable income at 4% inflation at a 12% return takes 15% savings plan in 40 years 10% savings is needed. This is foreign but logical the problem is it eliminates the over baring control by the officials and sets goals that takes power from the politician. Think of the growth of a country that only tax imports as is spelled out in the construction.