| The Colbert ReportMon | – Thurs 11:30pm / 10:30cOld | |||
| People in Space | ||||
|
||||
We could easily erase the debt in two years with a surtax on the wealthy of 10%, everyone else an increase of 2% and Capital Gains up by 10%.
Down the road a change to a simple single payer health insurance (opt in to Medicare with one sentence rather than 2000 pages) with a payroll tax of $3000 a year per person. Change Social Security to go extend benefits to a year longer every five years until it becomes 65 and 68 rather than 62 and 65. I got those figures from an article I worked on a few years back but I am sure things have not changed all that much.
Another plan is to add a 1% tax on all transactions will but us in the black in 7 years. If you look at this graph you can see that we went from black to red in 1963 at the same time JFK reduced taxes on the wealthy by almost half.
All problems solved. Lets go! Just DO IT!
But it will never happen because as we proved in the absolute on November 2nd, we are the United States of Duh.