How to cut taxes and stop wasting money. We could probably cut federal income taxes by 80% just by ending waste in probably more than 100,000 areas. Following are some of the areas where money can be saved (I will keep adding as I find new items).
Afghanistan: Save $65 billion + $7 billion + increases per year (the cost is increasing every year). The cost of the war in Afghanistan is now costing us more than Iraq. According to Defence Talk, the White House is requesting $65 billion for Afghanistan and $61 billion for Iraq in 2010. According to the 60 minutes interview, the Afghanistan war will cost us $7 billion. In the interview, Ambassador Peter W. Galbraith said the Afghan Police force consists of officers who are illiterate, drug addicts and corrupt and it will be impossible for the police force to be successful for another 100 years. Lt. General William Caldwell blamed the problem of corruption on the low salaries for Afghan police. We can’t afford to be in Afghanistan forever. We should just pull out now and save the money. Unfortunately, we can’t force democracy down the throats of every country. Democracy requires an educated population.
Iraq: Save $61 billion + increases per year? We never should have gotten into this war and if President Bush had only consulted with his father, we probably never would have. Unfortunately, now that we have eliminated a stable strategic government, we need to make sure that we build a new stable government. Consequently, we’re going to have to keep spending money in Iraq but I’m sure there are many ways to save.
Medicare & Medicaid: Save $60+ billion per year.The biggest problem with Medicare and Medicaid is fraud. According to the Coalition against Insurance Fraud, as of 2008, Medicare and Medicaid loses “an estimated $60 billion or more annually to fraud…”. The site also claims that “Medicare spends less than two tenths of a cent of every dollar of its $456 billion annual budget combating fraud, waste and abuse.” Apparently, because there is so much fraud they don’t have any money left to combat it! There is a solution. They can create a volunteer law enforcement agency, similar to Auxiliary Police and Reserve Police to do the work. There are many CPAs, attorneys, retired law enforcement officers, and others who would volunteer their time. I’m one of them. I am a practicing attorney in the Commanding Officer of Communications for the Nassau County Auxiliary Police.