| Latest Post: Started By: Rank: Category JOBS CREATIONWhile millions of people remain unemployed. I have, a deficit reduction plan and a jobs creator. The plan would rapidly reduce our deficit and immediately create millions of new jobs. Approximately 32,000,000 trades or transactions ocurr on Wall Street on a daily basis. The plan is that our Congress enact a law that creates a new "TRUST FUND" placing a $25 (twenty-five dollar) "TAX" on all buy/sell transactions. Final analysis is that long-term investors are not hurt. Day traders, market players and speculators must pay the piper or vanish. The monies collected, by Wall Street then be transferred by "E.F.T." within 3 (three) business days to the new "TRUST FUND". Provides a ready flow of support capital. The money would be used exclusively for "DEBT REDUCTION" and jobs to re-build our "INFRASTRUCTURE". Creates "MILLIONS" of manufacturing support jobs, thereby reducing unemployment. . Member CommentsMikeDavisTo little, to late. That would generate 176 billion a year in revenue. The interest paid to the national debt last year was in excess of 450 billion. The government has bankrupted the country already. They just haven't told you yet. Posted 114 days ago. PhilJulianI can't think of a better way to put Wall Street out of business. Taxes and fees are the culprit that is killing the rest of our economy. The solution is to reduce the size and cost of government. Posted 436 days ago. Post a Comment |