Food for Thought

AuthorHouse™

1663 Liberty Drive

Bloomington, IN 47403

www.authorhouse.com

Phone: 1-800-839-8640

© 2011 Donald Steinberg, M.D. All rights reserved.

No part of this book may be reproduced, stored in a retrieval system, or transmitted by any means without the written permission of the author.

First published by AuthorHouse 04/07/2011

ISBN: 978-1-4567-6149-3 (e)

ISBN: 978-1-4567-6150-9 (sc)

Library of Congress Control Number: 2011906086

Printed in the United States of America

Any people depicted in stock imagery provided by Thinkstock are models,

and such images are being used for illustrative purposes only.

Certain stock imagery © Thinkstock.

Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.

Contents

GOVERNMENT

Transaction Based Taxation

The Minimum Wage

Globalization

We Have a Clear and Valuable Choice to Make Now

Immigration Reform

Improving the Quality of our Democratic System of Government

Yesterday and Today

Obama’s Czars

The Octopus in the White House

RELIGION

The Major Considerations in Religion and Life

Monotheism

Never Again

Jewish Solidarity

Man Beyond Animals

THE MUSLIM THREAT

The Worst of Times

Open Letter to the Moslems

INTELLECTUAL OUTPUT FROM THE [ARAB] MUSLIM WORLD

EVOLUTION

The Demise of Evolution

A Lesson For All Mankind

A LIFE OF ITS OWN

EDUCATION AND ATHLETICS

The National Collegiate Association

In Defense of Maurice Clarett

SHORT STORIES

The Dreamer and the Astronomer

A True Story

Preface

Throughout the contents of this book are subjects that should provoke Food for Thought. These subjects are multifaceted and arranged in sections of Government, Religion, The Muslim Threat, Evolution, Education and Athletics, and two Short Stories.

The subjects on Government are arranged for the reader to ponder the value of each of them and to influence further debate.

Religion and The Muslim Threat combine to clarify and mollify centuries old antagonism.

Evolution and Education and Athletics address current misunderstanding.

GOVERNMENT

Transaction Based Taxation

Donald Steinberg, MD

The current Internal Revenue Codes are so complicated that the regulations could fill volumes. Transaction based taxation is simple. This concept is not a Value Added tax or a Flat tax. Taxes are paid by the companies who receive the money.

The tax is to be paid regardless whether a company is profitable or not. The tax is paid as the company pays for fixed expenses such as telephone, utilities, etc.

The annual rate for taxation on gross income received. will be 4% Federal, 2% States, and 1% to repay the national debt. The 1% to pay the national debt cannot be used for any other purpose. The income for the States will be divided by the population of each State. This is a Federal tax and does not replace taxes leveled by the States for schools, etc. if necessary.

One of the problems with the current method of taxation is that only 50% of corporations are profitable and those with loses pay no taxes. In the year that the corporation becomes profitable, their taxes are reduced by the loss carryover from the non-profitable years.

There will be no taxes on salaries.

All individuals with any type of business will be classified as named companies and shall pay 7% taxes on the gross income received from the operation of their businesses.

All health services will be for profit only and shall pay 7% tax on income received. Hospitals, Clinics, Laboratories, Physicians, etc. are for profit only. Health services for the poor or uninsured will be subtracted from the gross incomes.

Companies that receive payment for goods or services shall pay 7% tax on all money received regardless whether the company is profitable or not.

Rents and leases – 7% of money received.

All professions such as Attorneys, CPAs, beauticians etc. will pay 7% regardless of profitability.

All income from equity transactions to mutual funds, hedge funds, initial stock or bond offerings sold by a corporation will pay 7% tax.

All secondary equity transactions will pay 7% of the difference between the bid and asked price of the equity. The same is true for sales for new or used car dealers on trade in. vehicles.

Contributions to religious bodies, schools, universities, etc. as well as tuition, fees for membership to organizations will not be taxed. However, income derived from investments by these institutions will pay 7% tax. annually.

Passive income to individuals such as interest, dividends, and capital gains will be taxed 7%.

Progressive exchanges from product to final sales will be taxed at 7% at each level of transaction, For example, a farmer grows his wheat which is sold to a storage company. The farmer pays 7% o the money he receives. The storage company sells the wheat to a miller. The Storage company pays 7% of the money it receives. The miller sells the flour to the baker. The miller pays 7% on the money he receives. The baker sell his baked goods to the grocer. The money he receives is taxed 7%. The grocers sell to the public. The money the grocer receives is taxed 7%. The tax is paid regardless of profitability.

All barter transactions must be valued in dollars and pay 7% tax.

Banks, Credits card income, etc. will pay 7% on income regardless of profitability.

7% will be charged for money received from export of goods and services from the United States.

The Internal Revenue Service will employ Certified Public Accountants to verify tax payments. Approximate payments must be made every two months and adjusted yearly for the correct tax payment.

Repayment of the national debt should strengthen the value of the dollar.

Anticipated income

Federal – 5 Trillion dollars

States – 2.5 Trillion dollars

National debt repayment – 1

Trillion dollars.

The Minimum Wage

Globalization may be defined as producing a product anywhere in the world where the labor costs are lowest. In America this is reinforced by the desire of our consumers to purchase a product at the cheapest price disregarding the loss of industry and employment in our country. The mainstay of our economy, the automobile, has up to now been 10% of our production and General Motors, Ford and Chrysler are all on the verge of bankruptcy.

The Minimum Wage which requires an employer to pay a minimum hourly wage has been an icon in American economics for many years. At the present time with millions of men and women unemployed and with a disastrous decline in American production, a revision of the Minimum Wage should be considered. Made in America advocated by our political leaders has provoked a dislike around the world since many products are produced partially in various countries.

A consideration of eliminating the minimum wage with well defined controls could make the United States a leading area of manufacturing and we could compete easily with the rest of the countries who have low paying wages for their workers.

Any company may employ workers who are willing to work without the required present minimal wage can do so. The company that is profitable each year are required to give a bonus of half of their gross profit to their workers who actually perform the production of the product or service. The company would pay taxes on the other half of their gross income. Workers would pay taxes on