FY 2015 Budget (Passed)

[Maxwell]

You must be logged in to read this quote.

I reference you to this -

The Let's Really Eliminate Farm Subsidies Act

[Maxwell]

Here's a question - why do we need three seperate brackets between 80k and 175K for 28%, 30%, and 32% respectively? Just giving that a 30% tax rate won't change much (if anything) on the revenue side of things or in the people's actual pocketbook!

Here's a proposal to make things simpler (as soon as you are done with this amendment):

35K-80K - 21%
80K-175K - 30%
175K-368K - 36%
368K-1M - 41%
1M-Upwards - 60%

Getting rid of two unnecessary brackets will make things easier, I promise you.

I'm trying to find a way to calculate tax revenues, but I'm having difficulty in that search.

[Maxwell]

Polnut's proposal is a good start on the income tax side, and maybe the best we can get for the current year.

[Maxwell]

The US government (not including the private sector, which is predictably massive and is about another 4000 per year) currently spends about 4000 dollars per person per year on healthcare which equates to about 1.2 trillion a year.

Now obviously our system is a lot more efficient per patient, but it also covers a lot more patients, so I'm really not sure we are in a position to cut spending.

Doesn't it also allocate some of those costs to the regions?

[Maxwell]

If we can find ways to actually run the judiciary more efficiently, than obviously I would support an amendment lowering spending, but this isn't about making the justice department more efficient in terms of expenses, this is about actively hurting the justice department to make some dumb statement. Hopefully the Senate rejects this amendment.