|Democracy Owes every Citizen a Dividend |
on his Commonshare of the Commonwealth
We can eliminate all poverty in our Nation with a Universal
Supplemental Security Income (SSI) that exceeds the poverty level, We could eliminate our massive " Bureau for Begging" that does "means testing" to determine eligibility. Everyone is eligible.
The funding would be done from government revenue obtained directly from the Federal Reserve System interest free.
Then we could apply a single flat rate tax on all income through the FICA system. The purpose of the Tax would not be for funding but would be adjusted to control inflation It would be raised if there was excess inflation and decreased if there was monetary deflation. In either case the poor and middle class would receive more than they pay. The economic system would grow under the inflow of a Base Income and those who produced Goods & Service would have that Base Income supporting the foundation of a stable economy.
|Pax Village aspires to advance arts, culture, Science & Technology and social responsibility. We believe the Path to Progress lies in eliminating poverty. This is the Hub of of our Social Network|