Creating an Incentive for the Job Creators
Alright, the good folks on the Right insist that the "real" job creators are the rich and corporate people. I am inclined to agree with them. It is, however, a clear fact that the Job makers have not been working at all, despite the rich rewards they have recieved from the middle and lower classes in recent years. Many willing workers want and need jobs.
The problem is that we, the human American people, have been offering the wrong kind of incentive to the job generators. We have appealed to their humanity to no avail. We have tried their trickle down theory, and found it a big joke. We have tried compromises and appeasements.
The need is for an incentive, and judging from the Kochs and the Romneys and the Pauls, attitude I think I have found the correct one.
Let us offer the Rich a chance to lower their taxes, by doing the right thing--that
is by hiring people. We cannot simply lower their taxes because they pay so little now, but we can fix that.
It works this way:
1: We establish an 8% tax on Gross income over 2.5 Million dollars. This would apply to both kinds of people, the human kind and the corporate kind.
2: Then we reduce that tax every year according to the average employment rate. It the unemployment rate drops to 3.5% the tax on gross income falls to 0%.
3: Thus, Job Producers thus have an incentive to produce jobs, and the better they do it, the lower their tax.
I would even be wlling to leverage tax income to help the rich attain the 0% goal We could dedicate the extra income to job training, education and other things to make the middle class and lower class workers more productive and easier to employ.
We should have a simple thorough test period. If unemployment does not rise as a result of this incentive after 20 years, we will have proved that the GOP might have it wrong.
This is an example of Goal Oriented Taxation (GOT)
GOT could be used to solve other problems also ..I think a think a similar tax should be tied to the National Debt, and to infant mortality. Perhaps if we attached a similar GOT plan to primary and secondary school, we could get even improve them. A Science Achievment GOT could be used to improve our institutions of higher learning, measuring them against actual research and degrees earned.
There are a few problems of course, how to bell the cat, the whirling of Ayn Rand's ashes in outer space, what to do with the TEA party members who believe they will earn more than $2.5 million next year, and where we would get rapid transport for all the workers the Rich would employ. But this is America. We can work on hard problems and solve them.