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A More Perfect Union - A Fiscal Plan for America (Paperback)
Loot Price: R460
Discovery Miles 4 600
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A More Perfect Union - A Fiscal Plan for America (Paperback)
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Loot Price R460
Discovery Miles 4 600
Expected to ship within 10 - 15 working days
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This book descibes a fiscal plan designed to balance the federal
budget, without austerity or endangeriing the entitlement programs
It does this primarily through increasing Income taxes on the
wealthy by raising rates and eliminating deductions. It calls for
significant savings in the cost of health care delivery without
deminishing services and an end to government waste and
inefficiency. It largely eliminates poverty through raising the
minimum wage, and a full employment program in which the government
serves as the employer of last resort. This program is paid for by
a new Net-worth tax on the wealthiest 1%. The plan intends to
improve economic equity and preserve political democracy by
reducing the income/wealth disparity which exist today. The plan
extends Medicare to all, eliminates payroll taxes, and funds
entitlements out of the general fund. State and municpal costs are
significantly reduced by absorbing Medicaid patients into Medicare,
thus freeing up capital for necessary infrastructure repair and the
expantion of education funding for pre-school through college.
Working- and middle-class families will see their first real
increase in disposable income in almost 30 years through the
elimination of the payroll taxes, the reduction in the personal
cost of health care and the increase in the minimum wage. The full
employment program and the increase in disposable income for so
many will serve to stimulate the economy, bring about business
expansion and increase employment. The cost of doing business in
America will be reduced by eliminating company contributions to the
payroll tax, ending the need for company-paid health insurance and
a reduction in the corporate tax rate. These savings will motivate
bringing jobs home from overseas and increase the profit margins
for American companies providing capital for research and
development, modernization and expansion.
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