- Apr 10, 2013
- 23,667
- 1,880
- 265
Everything targeted at the bottom works its way to the top. It's time for wage increases targeted at the very bottom. That is the one thing that will jump start this economy the fastest.
Tax Cuts For The Poor And Middle Class -- Not The Rich -- Create Jobs Research Shows
-Base Federal tax for corporations at 30% of revenue.
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.
-Companies with 400 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.
-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.
-Remove the FICA limit.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.
-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.
-Make inversion illegal.
Tax Cuts For The Poor And Middle Class -- Not The Rich -- Create Jobs Research Shows
-Base Federal tax for corporations at 30% of revenue.
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.
-Companies with 400 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.
-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.
-Remove the FICA limit.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.
-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.
-Make inversion illegal.