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Debt Tax Benefit

Debt Tax Benefit
Debt Tax Benefit

Question: What do you think of this way to help alleviate our debt?

Reducing the onerous tax burden is easy to accomplish. (a) Simply downside the bloated bureaucracy. (b) Then stop the use of taxpayer monies to fund retirement plans for anyone in government. They’re free to fund their own retirement out of their own pocket. (c) Next, halt any further payment to current retirees from government based upon a defined benefit retirement plan with COLA increases. (d) Bring legal action against prior elected officials and bureaucrats for the incompetence and improper management of taxpayers monies, and (e) Bring legal actions against elected officials and bureaucrats who’ve received taxpayer funded retirement benefits for full restitution of ‘back’ principal plus a reasonable amount of interest.
This idea isn’t mine – it’s just something I’m looking for reaction and discussion about.
If you read this far, read Soverign’s answer. Quite provocative.





Answer: I say go for it! Yes, it would decrease our debt plus it sends a message to our government employees. They do look out for themselves more than they look out for the rest of us.

Settling IRS Tax Debt





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