pstern
06:20 on 11 April 2012
Another Socialist Economic Plan?
Some may call this yet another socialist program, but it is not when you read the entire plan.
- For one, it substantially lowers the taxes for wealthy individuals and businesses.
- Secondly, it enables lower income Americans to take the money provided and reinvest it into the ailing economy.
- It would help to ease the unequal class balance between the wealthy and the poorer.
- Lastly, by providing the money directly to Americans, it would boost the economy more quickly, which would also enable businesses to earn income faster and create new job more rapidly.
THE PLAN:
Have every wealthy individual and corporation WITHOUT A LOOPHOLE that make over $1 million annually to take $300,000 and place it into 1 collective fund that will channel the money directly to every poor family earning less than $60,000 per year.
Every poor family in the US would get a $100,000 gift that would help with their mortgages and/or daily living expenses.
Those applying for the "gift" must show proof of need, including the last 2 Federal Tax Returns, 2 years of bank statements, etc.
Anyone on Welfare, a.k.a., Medicaid is ineligible, since they already receive Federal funding.
Every poor family in the US would get a $100,000 gift that would help with their mortgages and/or daily living expenses.
Those applying for the "gift" must show proof of need, including the last 2 Federal Tax Returns, 2 years of bank statements, etc.
Anyone on Welfare, a.k.a., Medicaid is ineligible, since they already receive Federal funding.
The plan is a win-win proposal.
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