Adjustable Deficit Tax

Stan Collender believes it is time to start talking about the deficit. He thereafter adopts the traditional growl against the force of the deficit, only describing the threat without any adoptive solutions advanced. It was a good piece by the way, so don’t misinterpret my description as criticism of the article; it simply did not take Us forward. This stasis seems totally reeking of hubris this morning, so I decided to attempt something different; it may stink equally as much, but I am at least trying.

I hereby call for new form of taxation, which is called the Adjustable Deficit Tax. It will be a federal Sales Tax, but with a vast difference; people will be able to choose their level of commitment to the Tax, and to the Country. This will herein get a bit tricky, so I will list the provisions so that Everyone can laugh.

1) No Cash Register will ring, no ATM will operate, no Cash Transfer will be made, until the Customer is asked if he would pay the Adjustable Deficit Tax, which by law will be solely limited to the payment of the federal deficit and/or State debt.
2) The Customer is asked for his participation which will cost him 2% of the Transaction, an amount which will be cited by the outlet with accuracy of approximation. The Customer at site can decide whether he would accept the taxation, thereby setting for himself the level of taxation he will accept for himself.
3) The Seller, or Transfer Agent, will by law be committed to filling out a monthly form listing the amount of Collection, and providing the IRS with the Proceeds of the Tax. Failure to do the above will have the traditional lines of punishment for the poor Business personnel.
4) Every Taxpayer or Customer can look into himself, to find the level of his patriotism and translate that emotion into an adjustable Cost. He might find Tax payment easy and acceptable paying Grocery bills at the Check-Out, but provision of Mortgage payments unacceptable for a Tax payment. He can ask for automatic Withdrawal of the Tax at the Time of Purchase for a Time-Payment Product, or simply add a personally chosen amount at monthly payment, amount of tax signified by written notice upon Notice: Businesses committed to provision of a Form line statement of the potential Tax.

Passage of the Adjustable Deficit Tax should also be accompanied with a continuing Advertising campaign Stating the largesse of the federal deficit, the dangers of State Debt, and the nature of the Tax law. There should be an Appeal to Patriotism, and the Statement that the Tax can be individually adjusted to suit each Taxpayer’s position and Needs. Proceeds might be bacchus, or may actually even pay off the Deficit. The Outcome is not relevant if the Tax and Program brings Taxpayer awareness of the dangers of the Deficit. lgl