If the social security basic income insurance cost 500 billion a year , half could be paid by those wanting the insurance or getting the insurance money, the other half or 250 billion could be payed by a gross corporate revenue tax, business corporate revenue alone is 17 trillion, non profit corporate revenue should at least bump total corporate gross revenue to 20 trillion a year so a corporate gross reveue tax of around 1.25% should be enough to cover half of the cost of the insurance. Those who wanted the insurance should pay less than they do now, they should pay less than 6.5% because around 15% to 20% of that goes to a so called surplus that Congress spends on other things. Probably less than 5%, maybe a lot less would be enough to cover the other half of the cost because I think the program would cost less than 500 billion, maybe as little as 300 billion, that would also cut the corporate gross revenue tax to below 1%. Seprate the program from control by the federal government by making it a co- op with each member having an equal share in the program. Since most familes would get the child grant from the state government for children between 6 and 18 and most could find better education for their children than half the cost of public schools, those adults earning less than 150% of the poverty level or below 14,000 a year each would be greatly reduce, the great reduction in most labor laws/ regulation and most business regulations would also spur oppurtunities thus reducing the cost of the social security basic income insurance even further. Ending all direct taxes on families and individuals and noncorprate businesses would futher reduce the cost, many corporations would actually gain by a gross renue tax rather than paying corporate income tax, and payroll taxes and government mandated labor cost with the record keeping cost of all these. The federal government should be able to run a constitutional government on 100 billion a year, there is around 200 to 300 billion going to pay the federal debt, if the social security insurance cost another 250 billion for the corporations then if the total federal spending is 650 billion dollars then a corporate gross revenue tax of around 3.25% to 4% should in theory be enough to pay for federal spending, after the debt is payed off the tax could be cut by 35% to 45% down to less than 2% to up to 2.6% of corporate gross revnue.--- In [email protected], "terry12622000" <[EMAIL PROTECTED]> wrote: > > Actually a minum basic income of 10,000 dollars a year for every > adult below 150% of the poverty level would probably cost less that > the present outlay of social security of around 500 billion a year > thus actually making it a true antipoverty insurance program, thus > social security could be endeed, welfare, food stamps, the minium > wage, overtime regulations etc, combine that with turning over all > government education money over direcly all parents who will accept > it with no strings attached and this country would be much better off > than it is now, average cost per student for government schools is > 8,800 a year thus the average parent of 2 would get 17,600 dollars a > year, less of course in Utah which I think has the lowest per student > spending in the country but even 6,000 would give the family of 2 > 12,000 dollars or a poly family with 10 kids 60,000 a year.--- In > [email protected], "terry12622000" <cottondrop@> wrote: > > > > Actually social security and medicare aren't a legal promise > > according to the Supreme Court in the 1950s, they are government > > social programs that Congess can cut at will and give to who they > > want or not give such as a deported Communist or seniors with > incomes > > over 30,000 a year or real estate worth more than 200,000 dollars. > > The Amish said it was against there faith to pay into an social > > security insurance program besides they said they took care of > their > > old folks, they provided for them, the courts ruled again that it > was > > not insurance but a tax for a program, although the Medicare bill > of > > 1965 did exempt self employed Amish from paying social security and > > medicare tax, largely due to public out cry of the mistreatment of > > the Amish in Iowa by school authorites. > > Of course politicans and bureuctats, even some teachers and > > media people did mislead people into assuming social security was > and > > is a insurance program, that there is an actual trust fund so this > > has the potentional of possible law suits including class action > > > suits. > > > > The government except maybe the local or county should get out > > of the health care or health care providing business including > > medicare and they should largely get out of the healthcare and drug > > regulation business and get out of the intellectual property > business > > of drug patents.--- In [email protected], "John > Stroebel" > > <john.stroebel@> wrote: > > > > > > well, let's be reasonable. > > > > > > Let's cut our defence spending. We're throwing the money away > > anyway...but > > > second let's start by requiring EVERY government contract to go > > through a > > > bid process. No reason not to, would you agree? > > > And when we stop paying 100% medican care to Iraqis we might > discuss > > > medicare. > > > > > > and when the law is changed, and when every American who did NOT > > collect the > > > soocial security funding he or she put in, we can talk about SSI > > and SS. > > > How's that? > > > > > > Oh...no, Bush was appointed, not elected the first time. The > second > > time is > > > still being debated. Remember that one, it is still being debated? > > > > > > > > > On 6/27/06, boyd.w.smith@ <boyd.w.smith@> wrote: > > > > > > > > From: John Stroebel <john.stroebel@<john.stroebel% > > 40gmail.com> > > > > > > > > > > ow about...Bush was never legally elected and it the absolute > > > > > worse drunk of > > > > > an appointed President since Grant? > > > > > > > > > > > > > Sorry to disappoint you on this one, we actually did legally > > elect him > > > > both times. Stupid of us to do so, but still a legal election. > > > > > > > > > > > > > How about we are spending money like it was growing on trees > and > > > > > our great grandkids will still be paying it off all so > > Halliburten can > > > > roll > > > > > in dough? > > > > > > > > > This one yes, the first thing that needs to go is welfare and > > Medicaid, > > > > SSI and all other such crap. > > > > > > > > > > > > > I think we can all agree on those facts. > > > > > > > > > > > > > > > > > > > > > > > > -- > > > > ******************************************************************* > > > Are YOU Preparing For The November '06 Elections NOW??? > > > > > > > ******************************************************************* > > > http://groups.yahoo.com/group/Save-The-USA/ > > > > > > It is time to do something about all this! > > > > > > > ******************************************************************* > > > > > > > > > [Non-text portions of this message have been removed] > > > > > >
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