Saving America

What ails us...
(only we have a new vampire now)

America's economy is being destroyed.  We need a plan to save our country.  I'm not hearing anyone suggest any simple plans that are doable, so I'm about to suggest one.  I want you to tell me why you think this plan will or will not work.

1. When government is bankrupting itself and our country, we need a common sense solution.  Freeze all government spending, budgets, and salaries.  Stop all government borrowing and the creation of new money.  Stop the bleeding, and do it now.

2. The federal government is too big, too powerful, and too self-serving.  Starting one year after the freeze, for at least the next 25 years, all government spending, budgets, and salaries will be reduced by 1% each year, automatically, with no exceptions.

3. The common people are paying too much tax to support a corrupted government that feeds on them like a monster parasite.  Raise the personal (and business) tax exemption to $100,000 so that no federal taxes are owed on the first $100,000 earned.  Throw off the parasite and let the common people prosper again.

4. The rich people are paying too little tax to a government that they currently manipulate and profit from.  Raise the personal (and business) income tax rate for those earning more than one million dollars to 35%, over 10 million dollars to 65%, and over 100 million dollars to 90%.

Will that do it?  Is it that simple?  Can America be saved in four simple steps?