Elected
Experience: None, just an older blue collar worker who finds leaving our kids over $21
Trillion in debt and squandering over $12 Trillion in interest payments so far
with Trillions more still owed to be incomprehensible.
Other
Professional Experience: 4 years United States Navy assigned to an Aircraft Carrier (USS Coral Sea),
Container Ships, Ferry Boats, Research ships, and Tankers. Licensed by the
United States Coast Guard, For MEBA
Education: School of Hard
Knocks; University of Life
Community
Service: For
years have been questioning the wisdom of leaving our kids and grandkids in
economic servitude because of our Nation Debt and Trillions squandered on
Interest.
Statement:
Our
Kids' Inheritance is Economic Slavery. The national debt exceeds $21,100,000,000,000;
Interest Paid is Over $12,200,000,000,000. What were they (leadership in
Washington D.C.) thinking!
Solution
for National Debt:
Until 1963 the highest tax rates were over 80 percent reaching 94 percent in
1944 & 1945; that's how World War II, the Korean War, the Interstate
Freeway System our bridges and the infrastructure was paid for, those rates
will be necessary again to pay down the National Debt.
Alternate
National Debt Solution:
All income to be taxed at adjusted flat rates listed as follows no exceptions,
no deductions and no credits: under 25k 7½%, 25k 50k 10%, 50k-75k 12½%,
75k-100k 15% 100k-150k 20%, 150k-250k 25%, 250k-500k 30%, 500k-1mil 40%,
1mil-2mil 50%, above 2mil 100%. When debt is paid off taxes to drop
proportionately to sustain spending. Example; 50% across the board reduction in
taxes would lower the under 25K rate to 3¾% and the above 2 million rate to
50%.
The
Issue of Corporate Citizenship, From A Former Corporate Lawyer: Add one sentence to
corporate law and thus create what is called the 'Code for Corporate
Citizenship'. Directors and officers would still have a duty to make money for
shareholders, "but not at the expense of the environment, human rights,
the public safety, the communities in which the corporation operates or the
dignity of its employees."
Solution
For Gerrymandering:
To stop Gerrymandering use districts drawn up using Zip Codes as they are set
up now. Do not allow Zip Codes to be redrawn but just add or subtract a
Zip Code North, South, East or West to get the desired number of people needed
in each District.
Eliminate Shell Companies and Shell Corporations.