CAPITAL GAINS & CORPORATE TAX = 0%
Hello Everyone!
My name is Paul George Tima, and below you will find my concepts and ideas on the capital gains and corporate tax and why I feel they should be at (0%). Please take time to read it and join with me to make it happen for our children, grand-children and our extended families and friends. If you have a comment or positive sugestion on how you feel that we could make it better for all citizens, send me a draft written in an email. (NO Attachments Please) I will do my best to incorporate it into our ideas.
I look forward to hearing from you, talking with you and working for you in the very near future.
Thank-You & May God Bless You thru Prayer,
Paul G. Tima
0% Capital Gains & 0% Corporate Tax = Jobs, Jobs, Jobs
Let me ask...Why would we want to handicap the very people that have great concepts and unique ideas that will create new industries and millions of new jobs? Is it about greed, money, power or Slavery?
I truly believe in the U.S. Constitution & Declaration of Independence that was suppose to be written for "We the People" not "We the Government". I believe that our U.S. Constitution was written to preserve and protect our God given rights and to limit both the Federal Governments & States intrusion into our daily lives. I believe God gives us the freedom of choice and the right to bear arms to defend ones family, property, and themselves and that we possess an intrinsic right to freedom of religion and speech. I believe that our States should have democratic laws, they should be Republic & Sovereign, and that the limited roll of our Federal Government should be to assist us in the defense of our U.S. Constitution and defending the citizens of the U.S. against all enemies domestic and foreign.
I believe in capitalism, entrepreneurship, investing in innovation thru venture capital to help create new industries and millions of new jobs through lower to NO Taxes such as; reducing the capital gains and corporate tax rate to (12%) in 2012, and then continuing to reduce it (3%) each year thereafter, (9%) in 2013, (6%) in 2014, (3%) in 2015 and then finally (0%) in 2016. 2012 Return to FREEDOM
I am all for cutting the Capital Gains Tax to “0%” and letting corporations, entrepreneurs, small businesses, and visionaries re-invest those profits back into exspansion and/or creating new industries and millions of new jobs. Why should they be penalized by having to pay double taxes again, and again.
That sounds pretty greedy to me...does it sound like BIG Government to You?
I’m all for capitalism and having the ability to earn as much as legally possible (while still being fair). So, how do you keep it balanced and fair for everyone? How do you let the rich-$$ get richer-$$$ (because they can and will) and yet…let the middleclass and poor become wealthier.
One way is to cut the capital gains and corporate tax rate to "0%". There are a couple of different scenarios that we would need to use to be balanced and fair;
1. If a Company is Privately Owned - with NO public funds being used to start or support it, then that company’s directors and/or owners have the right to earn for themselves as much as they want and distribute to their employees the same. To be balanced and fair, the directors and/or owners would have to re-invest the majority of profits back into the expansion of the company to help continue to grow it for the good of the employees, and the overall company by creating more jobs. As to not have anyone cheat (not that anyone ever would) profits would be based before all of the company bonuses, salaries, vacations, etc. are paid out. We would not want to have any Golden Parachutes fly or sail on by.
2. If a Company is Publicly Owned - and/or traded WITH public funds being used to start or support it, then that company’s directors have a fiduciary duty and moral obligation to earn for the shareholders first, then the employees. The directors would have their choices of paying stock dividends, raising the stock price, and/or raising the salaries of employees. To be balanced and fair, the directors would have to re-invest a substantial amount of profits back into the expansion of the company to help continue to grow it for the good of the shareholders, employee’s and the overall company by creating more jobs. As to not have anyone cheat (not that anyone ever would) profits would be based before all of the company bonuses, health-care, perks, salaries, vacations, etc. are paid out. We would not want to have any Golden Parachutes fly or sail on by.
NOTE: all public companies would have bonuses and salaries on a sliding scale. I.e. No CEO, CFO, COO, Directors, President or Vice President, etc, could make more then 10X the amount of the average hourly employee. This includes all bonuses, golden parachutes, health care packages, perks, retirements, vacations, etc.
NOTE: being it is a publicly traded company by the people, then it should be for the people, and not just a selected few individuals. (Like our Government now) It still takes hundreds if not thousands of people to make a select few rich. Again, the rich-$$ get richer-$$$ (because they can and will) and yet the middleclass and poor become wealthier. This would be the most balanced and fair way for the average employee(s), whether they are Non-Union or Union Workers.
Ex. If the CEO of ABC Corporation (Public) - is paid $1,000,000.00 dollars a year salary then the average hourly employee(s) salary should be paid at least $100,000.00 a year. On a sliding scale this truly is balanced and fair for all the employee(s) and stock holders of the corporation.
NOTE: Remember that balanced and fair “For the People” does not mean that (10%) of the company directors and/or officers receive (90%) of the pay".
In Summary:
By utilizing my Equal Fair & Free Trade, N.A.P. North American Projects & National Retail Sales Tax, inconjunction with Capital Gains & Corporate Tax = (0%), we'll dramatically help to turn our countries deficits, economies, jobs and unemployment, and our standards of living in a positive direction.
It works like this: When you have the ability to have equal fair and free trade, you keep you're manufacturing and technology bases working thus producing wealth and tax revenue. When you have innovation to build N.A.P. - North American Projects, you create industries and manufacturing, which in turn creates new jobs, which in turn creates wealth and more tax revenue. When you have equality, fairness & justice for all, a National Retail Sales Tax program off true consumption, "We the Peolple" will give to (Our Children & Grand-Children the American Dream). "2012 Return to FREEDOM"
Our 3-Step Approach on How to Return to FREEDOM
If you're goal is to return to freedom and help turn the world around in a positive direction overnight, then we should enact a few Federally Mandated Laws to start. Please click here to read more
This is a platform to build off of that is truly balanced and fair for all private and public companies, directors, employees, management and shareholders. To Be Continued...2012 Return to FREEDOM
I look forward to hearing from you, talking with you and working for you in the very near future.
Thank-You & May God Bless You thru Prayer,
Paul G. Tima