Highlights: Our philosophy: let the rich get richer at our benefit, not at our expense! Let the rich, not taxpayers, stimulate our economy, by letting the rich keep All their profits from public beneficial businesses Tax-Free>!
Our main method is to change tax laws so that investors earn more tax-free profits in beneficial businesses (15% APR) than they do now in taxed rental housing (5% positive cash flow, equity growth is now bleak)! These new taxes will produce lower housing costs and many more goods, services, JOBS, and new sales, business, and income taxes! Isn’t that what prosperity is all about?
Problems in our Economy: The two major Economic chunks of all USA assets are Housing 43% and Stocks 40%. Together that’s 83% of all American assets! There are SERIOUS problems with both that can be cured by tax changes that will benefit every person in every economic class; everyone, from the poorest to the richest American.
Experts agree these changes Will End The Housing Crisis, Stimulate The Economy, and Elevate ALL Economic Classes like nothing before in the history of Capitalism! America will be saved from the Financial disaster many Economic Experts predict!
Let the rich keep their profits tax-free while the rest of us have lower housing costs, more JOBS, and more goods and services! Everybody will have all the essential goods and services they need and more, much more. Isn’t that what prosperity is all about?
We ALL WILL Prosper!
One Example: The Democrats wanted to build 3 Million new homes at an unnamed cost to taxpayers (Total $1.2 TRILLION) and provide $25,000 down payment assistance for 400,000 first-generation homebuyers, that’s TEN BILLION DOLLARS! That’s taxpayer money that may never be recovered. Democrats also wanted to give unnumbered first-time homebuyers a $10,000 tax credit; that’s lost revenue, lost forever!
Many economic experts say that plan will fail and just raise the cost of a home $25,000, which is still out of reach for the first-time buyer! All rich landlords have cash or can easily obtain a loan, including the $25,000, to outbid a first-time buyer.
Our plan: Wealthy Landlords turned Business Investors will sell most of their rental housing and invest 23.8% of their Capital Gains in beneficial businesses to avoid paying today’s Capital Gains tax of 23.8%!
Many of these Investors will invest in building these 3 Million new homes and loaning young adults money to buy these houses. Let’s let these Investors keep All their profits Tax-free while it costs each Taxpayer nothing!
There’s more: Everybody building these 3 Million new homes could have Tax-free incomes! Building contractors, construction workers, building material suppliers, etc, will flock to building sites. More young people will choose building careers.
These 3 Million homes will be built fast and not at taxpayers’ expense!
That is just ONE Example!
The SBA: the best option for many investors will be Small Business Administration (SBA>) loans that gain 15% APR tax-free. That’s more than the landlord’s current taxable 5% positive cash flow on rental housing. AND these loans will be insured by the Federal Government!
The investor will not need to know anything about business, because the SBA experts will loan money only to people who they judge will succeed. The SBA trains, guides, supports, and helps businesses to succeed!
The SBA is wonderful for small businesses. Small businesses employ more than half of all working Americans! Many more businesses and JOBS will be created by the SBA with this tremendous inflow of investment capital!
Eliminate corporate landlords by taxing housing units above the first 5 units so much that the landlord makes no profit. Now corporate landlords own MORE than 600,000 American homes; that’s 600,000 American families that will NEVER have the American dream. These taxes can be returned to the tenants of these corporate landlords.
These corporate landlords turned business investors will have their capital gains tax (for selling their rentals) reduced dollar for dollar for each dollar invested in Business.
These x-landlords will make more tax-free business profits than the taxable positive cash flow of their rentals!
10 to 15% of the economy is Energy: Gasoline prices affect almost every aspect of the economy. BAMBOO> can produce ethanol and be mixed with 17% gasoline and 83% ethanol to greatly reduce fuel cost!
Experts agree strong BAMBOO> can solve MANY of today’s major problems: global warming, gas prices, housing crisis, homelessness, pollution, building material shortage, deforestation, and much more! BAMBOO can replace most wood, fossil, plastic, concrete, and steel products!
Reduce Government costs and Regulations>
Increase tariffs on competing foreign products to prevent American companies from failing and being bought by the foreign competitor, who then raise prices after gaining a monopoly! This has happened.
End of Highlights.
This article at: www.aBetterLife4All.com/Prosperity
Or URL: aBetterLife4All dot com/Prosperity
Our Achievable Goals> About Us, Contact Us> Our Motivation, Our Driving Force>
Summary/Highlights>
Tax-Free & No-Tax means Zero or Low-Tax>
A Play explaining key points>
Main Topics>
UpDated: 241109(yymmdd). List and dates of changes> Started 081203 By Don Design Jr. World-Class Design Engineer> and enhanced By Several Other Staff Members over the years.
Hear the synthesized AUDIO version of this or any Article!
AKA: Prosperity For Most Americans.
AKA: Wealth Tax that BENEFITS the rich and the public!>
AKA: Reducing Poverty In America.
AKA: Make Business more Profitable than Housing.
AKA: Worldwide Housing Crisis.
START OF ARTICLE:
These Future tax laws are terrific for America; everyone WILL profit from them: landlords, x-landlords, our wealthiest citizens, renters, homeowners, corporate lenders, individual investors, real estate agents, title companies, property managers, builders, new and established business owners, and their employees, etc.
NOTE: All tax-related numbers are estimates. The numbers can be adjusted by Financial Experts before implementation and adjusted as times change to benefit the greatest number of people/ voters/ taxpayers.
240517 A Play explaining key points>
240529 Summary/Highlights>
240628 Problem with Housing>
240628 Problem with Stocks>
230914 No tax on incomes less than $83,000/year!
240530 Increase Federal Minimum wage>
240519 Wealth Tax that BENEFITS the rich and the public!>
240530 Tax Foreigners>
230913 Let’s reward Landlords for investing in Business>
230913 Rental Housing is a Dead-End for EVERYONE!
230908 114 MILLION Americans Denied the American Dream>
230908 Two Corporations Deny 200,000 American Families!
230908 What Weakens the Family, Weakens America!
230910 Tenants Pay For Everything PLUS Landlord’s Profit!
230918 Landlord turned HERO!
230908 What You Can Do:
230908 Our Main Objectives>
240521 Our Method> to aBetterLifeForAll(TM):
230908 Recommended TAX Changes>
230908 All Tax Reductions will return more Tax>
230908 America’s Faulty Taxation & Stimulus Strategy.
230908 Our Vision of Taxation & Stimulus Strategy:
230913 Low taxes on Slumping Industries>
230913 Stimulating Slumping Construction Areas>
230913 Why this WILL Happen>
230910 Business investors’ profits are TAX-FREE!
230910 Tax Loopholes for the rich no longer needed >
230908 Business owners’ profits are taxable>
230908 Let’s reward the Investors!
230908 Ex-Landlords will become even Richer!
230908 The New TAX-FREE SBA Business Fund>
230908 Stimulating Large Business Sectors>
230908 Financing Construction and Purchase of Apartments:
230908 Preventing A Disruptive Shock to Large Landlords.
230908 The building industry will get a boost.
230908 BAMBOO can provide Vast, Renewable building materials!
230908 BAMBOO Can Rescue Civilization!
230908 Enhanced FHA Loans for New Homebuyers.
230908 Current Homeowners can move up.
230908 Even Welfare Recipients Will Prosper>
230908 Worldwide Housing Crisis.
230908 America will SOON die Economically unless…
230908 Rescuing America from Financial DEVASTATION!
230908 Now housing prices are skewed way up!
230908 Young Families have no chance for Prosperity unless…
230908 Rental Housing is destroying America!
AKA: Feudalism is Suffocating Capitalism!
230908 Socialism NO. End Feudalism YES!
230908 Ben Franklin’s MARVELOUS Plan to Wealth!
230908 Solving California’s Housing Crisis!
230908 California Civic Engagement Project’s 7 Ideas.
230908 Managing Non-Profit Apartments>
MAIN TOPICS END.
Tax-Free & No-Tax means Zero or Low-Tax: In this article, Tax-Free and No Tax means Zero Tax or Low-Tax. This will work best if local, state, and Federal governments cooperate with no tax on approved public beneficial projects. Tax revenues lost by no tax on capital gains and profits will be far less than the Trillions already spent on infected stimulus packages. These Tax revenue losses will be more than made up for by Taxes collected from the stimulated economy.
Our philosophy: let the rich get richer at our benefit, not at our expense! Let the rich, not the taxpayers, stimulate our economy; let the rich keep their profits tax-free!
The problem with housing is that rental housing is a dead end for everybody. Landlords are now only making 5% positive cash flow, because tenants are now at a breaking point paying 50% to 75% even more of their income for rent. The greatest expense for most Americans is housing, because Landlords have snowballed housing prices by bidding against each other! Big Landlords will gain more in businesses than they do now in rental housing!
Tax Landlords> who have more than five rental units so much that they make no profit on their excess units. They will sell to tenants or nonprofit organizations at a price that will fall to true supply and demand. These Landlords will pay no Capital Gains tax, if they invest their gains in approved public beneficial projects. And these Landlords can keep these investment profits tax-free! This will be more profitable than the 5% positive cash flow most Landlords receive now.
The problem with stocks is that Foreigners own 40% of American Corporate Equity (stocks), free from American capital gains tax! This is unfair to American Investors, unfair to ALL Americans, Americans who have to pay more in taxes to make up those losses! We say give foreigners 1 year to sell all their stocks. At the end of that year, let’s have our Federal Government confiscate all remaining Foreigners’ stocks. The Federal Government can then sell them on the open market and keep the sales price.
Then capital gains tax on all stocks could be reduced. The Federal Government would still collect the same tax revenue as they do now with 40% tax-free Foreign ownership.
The Federal Government could greatly reduce taxes on stock sectors that need stimulating. This will allow Investors to stimulate the economy, not you the Taxpayer!
We want Landlords to sell their rental housing and buy stocks instead of paying a hefty Landlord tax. We want Wealthy Americans to buy stocks instead of paying a Wealth Tax. We want any American to buy stocks.
A New Wealth Tax> will BENEFIT the rich and the public! Instead of paying a 10% Wealth Tax on their assets, the Very Wealthy ($10M+) can invest 10% of their assets in approved public beneficial projects and keep these profits tax-free!
These investments will stimulate our Economy more than the Billions spent on all the stimulus packages, packages paid for by taxpayers. Tax revenue lost by no tax on these capital gains and profits will be less than the Billions spent on stimulus packages. These Tax revenue losses will be more than made up for by Taxes collected from the stimulated economy. The rich will get richer at our benefit, not at our expense!
Increase Federal Minimum Wage>. Only for businesses with more than 500 employees. No income tax below $83,000/y>. Let’s give young people and new businesses a chance. A large portion of a minimum wage increase and income tax savings will be taken by the Landlords, unless Landlords are limited to five rental housing units. Now, when wages go up in an area, rents go up.
Tax Foreigners who own property, businesses, and stocks in the United States so much it’s not profitable. Or better yet, forbid any Foreigner from owning property, businesses, and stocks; give them 2 years to sell.
Foreigners own an insignificant amount of American farmland and housing, but they own about 40% of US corporate equity (that’s American businesses). We are concerned by this. We do not know what would happen to the Economy if they were forced to sell.
End Brief Summary.
No tax on incomes less than $83,000/year! Let’s give young adults and new businesses a chance to succeed! 80% of young adults have no chance financially without these changes! Our realistic expectation is that more people will reach the $83,000 income faster than ever and start paying Income tax! This will benefit our people and strengthen our country.
Increase Federal minimum wage: (We say only for businesses with more than 500 employees.) Renowned Professor of Marketing Scott Galloway> (9:19 in the video) says tripling the minimum wage will greatly help young people and our economy. Now, as a percentage of GDP, wages have never been lower, yet corporate profits have never been greater. He said when the minimum wage in California, New York, and Washington states was dramatically increased, it grew the economy, because when wage earners have more money, they spend it.
Wealth Tax that BENEFITS the rich and the public! A new Wealth Tax can be used to encourage investors and corporations to invest in businesses or projects beneficial to the public! A Wealth Tax can be on the total market value of all assets above say $10 million minus all liabilities. This Wealth Tax can be reduced dollar for dollar by money invested in approved businesses and beneficial public projects. And as a bonus, the profits received by the investor from these businesses or beneficial projects can be tax-free! This will work best if local, state, and Federal governments cooperate with low taxes on approved public beneficial projects. Tax revenue will increase with the stimulated economy.
And their investment will produce more goods and services, JOBS, income tax, sales tax, and business tax.
TAX-FREE, FDIC.gov-insured business loans through the www.SBA.gov, and housing loans through www.FHA.gov can be two of several safe, easy, and profitable investments. Profits from financing a new business could be tax-free. Tax-free capital gains on stocks in slumping sectors could be a higher risk and higher gain investment.
Wealth Tax will provide tax loopholes for the rich that will benefit the public!
Again: We want the rich to get richer at our benefit, not at our expense!
If the investment gains profit, the wealthy investor keeps the profits tax-free; there would not have been any tax revenue anyway, but the public would benefit. If the investment loses, the wealthy investor can add that loss to next year’s liabilities.
Rental housing is not an approved investment.
The investment must be in an approved investment for the entire tax year. Money can be moved to another investment during the tax year.
Wealth Tax Background: The United States has never had a wealth tax. Several countries in Europe have had Wealth Taxes. All but a few countries have since repealed their Wealth Taxes, because the wealthiest citizens gave up their citizenship and moved to another European country.
California and New York are considering Wealth Tax; we believe this will not work as proposed, because their wealthy citizens will move to another state. Nowadays many wealthy Americans move to States that do not have any State income tax.
However, if approved investments reduced the Wealth Tax, Wealthy people and corporations may even move to California and New York to take advantage of the Wealth Tax benefits!
The Federal Government should decide not to tax these state-approved investments. The Federal Government will gain more tax revenue from more income tax and corporate tax from the businesses our Wealthiest citizens finance.
Let’s reward Landlords for investing in Business instead of Housing. This will reduce Housing costs for everyone and produce many more goods, services, and JOBS. Everyone will have more money to buy more goods and services for “A Better Life For All“(TM)! This will benefit our people and strengthen our country.
Landlords will gain more in TAX-FREE, FDIC.gov-insured business loans through www.SBA.gov, and housing loans through www.FHA.gov than in owning rental housing. This will greatly reduce the cost of housing and produce more goods and services, JOBS, income tax, business tax, and sales tax. This will benefit our people and strengthen our country.
Note: TAX-FREE means ZERO or LOW-TAX.
Low Taxes on Slumping Industries: In slumping industries let investors, business owners, vendors, and employees have a TAX-FREE income! That way the rich will stimulate our economy, not you the taxpayer. Examples: Any BAMBOO> project! Housing Construction (especially BAMBOO Housing>). Housing loan lender. Business loan lender. Business investor. Stock owners in slumping business sectors. This will benefit our people and strengthen our country.
Loopholes for the rich will no longer be needed: the rich can make big profits, TAX-FREE if they invest in projects that benefit our people and strengthen our country!
We want the rich to get richer at our benefit, not at our expense!
Our Main Objectives:
Our First Objective is to provide Landlords/Investors with greater financial gains by investing TAX-FREE in Business, Business loans, construction loans, or housing loans rather than owning today’s Rental Housing.
Investors can opt to invest in new TAX-FREE, government-insured, safe, no-load, open-ended SBA> or HUD> / FHA> loans. This will take the risk out of investing in business: SBA and HUD/FHA will manage your investment, guaranteed. Or an Investor can opt to be a TAX-FREE Entrepreneur, a TAX-FREE Venture Capitalist, or TAX-FREE hire a business manager. Or invest in TAX-FREE stocks and bonds that will stimulate selected economic sectors of our Future Larger Business economy.
This will also reduce the cost of housing, energize the Economy, and produce more goods, services, JOBS, income tax, sales tax, and business tax!
Our Second Objective is to provide first-time home buyers a Rent-to-Own, no down payment, no mortgage insurance, low interest, and a scam-free opportunity to buy housing. And provide Mobile Home Park Tenants and apartment tenants with condos or non-profit Home-Providers(TM) that were previous Mobile Home Parks and apartment complexes and that pay tenants yearly equity growth by yearly rent REDUCTION! Tenants will receive the equity that Landlords now keep and condo owners receive when they sell!
This will reduce Housing costs for everyone. Our Nation’s Economy will catapult upward if most of the money now invested in rental housing is reinvested in businesses or housing loans for the production of many more goods, services, JOBS, income tax, sales tax, business tax, and low-cost housing! Everyone will have more money to buy much more goods and services! There will be “A Better Life For All“(TM).
Our Third Objective is to reward Investors to Stimulate our Economy! Experts know it is far better to have investors finance economic growth rather than the federal government, that is you the taxpayers. TAX-FREE stocks and bonds Capital gains will stimulate selected economic sectors of our Large Businesses economy. A TAX-FREE future SBA fund will greatly stimulate small businesses.
Let the investor keep all his gains TAX-FREE as an incentive/reward for stimulating our economy. This is a tax that would not have been collected anyway. And all the taxes paid by the business created or stimulated by these investments will more than make up for capital gains tax NOT paid by the investor. The taxes that will be collected are ADDITIONAL income, sales, property, and business taxes that would not exist without the investors. We want the rich to get richer at our benefit, not at our expense!
END OF Our Main Objectives.
OUR METHOD to aBetterLifeForAll(TM):
Make Tax changes: Impose a new tax on Landlords that makes it unprofitable to own more than five units! Impose a new Wealth Tax that will BENEFIT the rich and the public! Establish investments that will benefit Landlords and our Wealthiest citizens.
THEN FIRST: Establish a Small Business Administration Business Fund (SBA> Business Fund) which will be a low or no-tax, risk-free, high-gain, liquid, no-load, open-ended business investment fund that anyone can invest in. It will be managed by SBA business experts and Federally insured. The gain will be high because the SBA receives a percentage of all yearly sales from businesses it started. This gain is passed on to YOU, the Fund investor! This will be one of the best investments EVER! Don’t believe that? Look at the major investment alternatives: 10 best investments in 2024> and precious metals are unstable.
This Fund provides the Capital to non-profit Credit Unions to make SBA-approved loans and grants.
The SBA can enhance its startup business loan policy. The SBA experts can finance and guide people and businesses in which they have high confidence. Investors in the SBA Fund will receive the TAX-FREE interest paid by the SBA and TAX-FREE profits gained by the SBA!
SECOND: Establish a U.S. Department of Housing and Urban Development (HUD>) Housing Fund which will be a low or no-tax, risk-free, good-gain, liquid, no-load, open-ended housing investment fund that anyone can invest in. It will be managed by HUD experts and Federally insured. This Fund will provide a huge influx of investor money to give first-time home buyers a Rent-to-Own, no down payment, no mortgage insurance, low-interest, scam-free opportunity to buy housing. Note: it is easier to evict delinquent renters, rather than to foreclose on delinquent owners.
Renters with over 12 months of continuous rent payments equal to or greater than their new monthly mortgage payments qualify for homeownership immediately. Renters with less than 12 months of continuous rent payments will qualify once 12 months are reached or if they make a down payment to complete their 12-month requirement.
THIRD: Eliminate the wealthy’s tax breaks: only the wealthiest 33% should pay taxes, and the other 67% of Americans pay ZERO tax! The first $83,000 of individual income should be TAX-FREE! These 33/67 and $83,000 ideas came from Key Advisor Jim/James> (He says no income tax under $120,000/year.)
We recommend no tax on the first $83,000 yearly income. A flat tax rate of say 20% on yearly incomes over $4 million. And a linear tax increase on incomes in between. The IRS can change these numbers yearly, as they do now.
This includes all Sources of Income: Salaries. Wages. Commissions. Tips. Small Business profits. Corporate profits. Interest. Dividends. Capital gains. Royalties. Pensions. Annuities. Rent. Sales. Investments. Gifts, etc.
FORTH: We recommend that taxing agencies use tax reductions to stimulate slumping sectors of the economy. A current example: TAX-FREE capital gains on utility stocks etc.
A future example: The Federal government could declare zero or low tax on the capital gains of stocks in a slumping economic sector or even a single slumping company for a period of say 10 years.
A further future example: An area may have construction limitations: not enough workers, not enough contractors, and not enough building material suppliers. That state could request the federal government to not tax any income involved in construction in that state for a period of say 10 years. Even lenders who finance construction would receive TAX-FREE interest. This would cause more people to get into the construction field in that state or even to move to that state. Let the wealthy x-Landlords get even richer by financing slumping economic sectors.
We believe taxpayers’ money should not be used to stimulate economic sectors. Instead, give those sectors tax breaks and let investors stimulate those sectors.
We believe these tax breaks will produce more tax revenue during the taxpayer’s lifetime: helping a business get started will make a more substantial, more productive individual business and national economy!
There will be “A Better Life For All“(TM).
END OF OUR METHOD.
Why this WILL Happen: Once the American people and OUR politicians believe these tax changes WILL benefit everyone, this WILL happen! Small Business owners who earn less than $83,000/year will help make this happen! People who earn less than $83,000/year will help make this happen! 30% of Americans are tenants; that is a large voting mass; They will help make this happen! People in slumping industries will help make this happen. Rental Housing is a Dead-End for EVERYONE! Once Landlords realize they will gain much more investing in TAX-FREE Businesses than the 5% positive cash flow and small future equity growth in rental housing, they will help make this happen!
Note: Tax Changes to stimulate Economic Sectors could mean TAX-FREE, no-tax, or even subsidies. The Federal Government could pay investors 10% per year on sectors that need stimulus. Tax changes to stifle Economic Sectors mean a tax increase.
Ex-Landlords/Investors will become even richer as TAX-FREE (or reduced-tax) business investors! These businesses will greatly increase the production of housing, goods and services, JOBS, income tax, sales tax, property tax, and business tax so there will be “A Better Life For All”(TM)! Investors will be able to invest in several new, TAX-FREE (or reduced tax), perhaps even Subsidized>, prosperous, and Economy Propelling ways:
- A New TAX-FREE SBA> Business Fund> to stimulate selected small business sectors.
- New TAX-FREE and Federally Guaranteed Loans> for the construction of New Apartment Complexes and the purchase of Existing Apartment Complexes.
- Have TAX-FREE FHA> guaranteed loans so lenders retain all interest profits! This will finance new homeowners! Down payments can be reduced even more to provide most people the “American Dream!”
- Have TAX-FREE loans for new businesses so lenders retain all interest profits! This will finance new businesses!
- Have TAX-FREE investment funds to stimulate economic sectors like BAMBOO (BAMBOO Can Rescue Civilization!) or construction!
- New TAX-FREE stocks selected> by the Federal Government to stimulate selected big business sectors.
Ben Franklin’s MARVELOUS Plan to Wealth!
The New TAX-FREE SBA Business Fund will be much more lucrative than investing in rental property that has a 5% positive cash flow. The fund can be TAX-FREE, with High Gain, expertly managed by the SBA, with no risk (federally insured), liquid, no-load, and open-ended. This is an investor’s dream come true! This TAX-FREE fund is a CHEAP way to stimulate our economy WITHOUT taxpayer money!
This will Propel our economy! More people will have JOBS, making more money, paying less rent, and buying more goods and services than ever before. The Rich will get richer and all the rest will have a better life, a much better life!
“We all will have more than ever before!”(TM).
All Americans will profit from this plan; we have the voting power to make “A Better Life For All“(TM)
This is the best solution to California’s affordable housing crisis we have ever seen! Just as important, this solution will greatly increase the economy by greatly increasing the production of goods, services, JOBS, and income and business tax revenues! Apartment complexes can be sold to new NON-PROFIT organizations to rent at true supply and demand prices: much lower than today’s rent prices! This solution will allow most tenants and low-income homeless to gain equity in their housing while paying a TRUE (much lower) SUPPLY AND DEMAND price!
Now housing prices are skewed way up because wealthy investors compete against each other, so they can profit from renting housing to low-income people who have very little chance to match the purchase price paid by the wealthy investors! This solution encourages investors to invest in businesses rather than residential housing. New businesses will greatly increase the production of goods and services, JOBS, income tax, sales tax, and business tax!
Today’s Young Families have little or no chance to buy a house, and little or no chance for Prosperity unless we enact these tax changes! Young Families can not outbid big Landlords. Encouraging these Landlords to invest in Business will allow Families to bid against each other to bring housing costs DOWN to true supply and demand prices!
Note: The tenant is now paying the true supply and demand price PLUS an ever-decreasing profit to the landlord (now about 5% positive cash flow), and the tenant is LOSING the equity buildup taken by the landlord!
America’s Faulty Taxation & Stimulus Strategy. The history of taxation strategy in the United States appears to be maximum tax revenue. We believe this to be an incorrect strategy. The Laffer Curve> has been used to maximize tax revenue by increasing taxes until tax revenues start decreasing when investors and workers become discouraged from participating due to high taxation. This strategy has not raised enough to pay for the necessities: public programs, works, services, infrastructure, education, health, welfare, defense, etc. Debt interest and stimulus money add even more to our growing HUGE National Debt: $34 TRILLION as of May 2024. That’s over $100,000 for every single person in America.
Our Vision of Taxation & Stimulus Strategy: The goal of taxation> should not be to raise maximum tax revenue, but to raise the quality of life for all Americans to its maximum! (Quote from aBetterLifeForAll(TM) March 2022.) Just enough tax revenue should be raised to pay for the necessities: public programs, works, services, infrastructure, education, health, welfare, defense, etc. Debt interest and principal will start DECREASING with our strategy!
Instead of trying to maximize revenue, taxes can be set to channel huge INVESTOR money into sectors that need stimulating and away from sectors that stifle Capitalism. This is a CHEAP way to propel our economy WITHOUT taxpayer money! This will greatly stimulate the production of goods, services, and jobs! This will greatly increase income tax, sales tax, and business tax revenues. This increased tax revenue should pay for our necessities and start paying down our National Debt!
Let’s let the investors, not the taxpayers, stimulate Capitalism. Let’s let those investors gain great rewards by not taxing them; let’s give investors incentives to PROPEL our economy! This is done in a small way now: some stocks are TAX-FREE to attract investment money.
A low tax rate on the SBA business fund will stimulate a large portion of our economy: small businesses that employ almost half of the American workers!
Stimulating Small Business Sectors with Investor Money: The SBA Business Fund can Finance the sectors that need the most help. The IRS can adjust taxes to stimulate economic sectors.
Stimulating Large Business Sectors with Investor Money: For Large Businesses, those traded on the Stock Markets, each year the federal government could select stock sectors and adjust capital gains taxes up or down for one or a specific number of years. This will stimulate or depress chosen economic sectors.
Let’s Reward Investors to Stimulate Our Economy! Instead of using tax revenue for Stimulus money, let’s encourage Investors to Stimulate our Economy with no or low Capital Gain Tax!
Worldwide Housing Crisis. Many countries have this Crisis. We believe most of these Housing Crisis Worldwide can be resolved with our Tax Strategy!
Feudalism is Suffocating Capitalism!
America will SOON die Economically unless Investors invest in Capitalism (Business) instead of Feudalism (Rental Housing: Landlords over Tenants)!
Let’s reward the Investors by letting them get richer by not taxing them when they invest in Business!
Now Landlords Investing in Rental Housing is a Dead-End for the Tenants, the Landlords, Capitalism, and America! What is happening is the percentage of a renter’s income spent on housing is ever increasing (now 50-75% or more!), leaving less and less money to buy goods and services. Landlords are receiving less and less positive cash flow (average now only 5%). Some landlords lost their rental houses and even lost their own homes. These numbers are getting worse! This is suffocating the Capitalistic cycle.
NOW, today, without any tax changes, Ben Franklin’s MARVELOUS Plan to Wealth> is a far better plan than the average current 5% positive cash flow of today’s Landlord! Ben’s plan will benefit everybody; it will benefit our Nation.
Most of today’s Tenants, Peasants in the eyes of most Landlords, will have much lower rent and even gain equity and have much more money to buy many more goods and services! The Rich will become richer and there will be “A Better Life For All“(TM), a much better life 4 most of us!
Socialism NO. End Feudalism YES!
We work in Capitalism> but live in Feudalism>: almost half of Americans are impoverished Tenants, Peasants in the eyes of most Landlords, living UNDER huge Landlords! Now the Landlords gain equity while the Peasants pay for it and gain nothing.
Strict Socialism> allows no private ownership; this is unacceptable to most Americans. Many things in America are publicly owned: police, fire departments, libraries, roads and highways, the military, etc, and there are many State-owned corporations>.
Taking Apartment Complexes out of private hands will create aBetterLifeForAll(TM)!
Recommended TAX Changes to Make Business more profitable than Rental Housing.
Change the tax laws so Landlords will benefit from selling rental housing. This will reduce Housing Costs. The sooner Landlords sell the more they will gain TAX-FREE because housing prices will continue to drop! Then reward Landlords who invest in businesses to create more goods, services, JOBS, income tax, sales tax, and business tax! We all will have more money to buy more goods and services!
-
- Change tax laws so Landlords make little or no profit on say more than five rental Houses or five Apartment Units. These new taxes on excess units paid by the Landlords can be refunded to the tenants living in those units! However, one goal is for the Landlord to sell to people who want to own their own housing. The sooner Landlords sell the more they will gain TAX-FREE because housing prices will continue to drop! Another goal is for Ex-Landlords to get richer with TAX-FREE Business Investments to produce many more goods, services, JOBS, income tax, sales tax, and business tax. The results: More people will have more money to buy more things. Then there will be “A Better Life For All”(TM).
- Change the capital gain tax laws so a Landlord can sell those excess, profit less units without paying any or much capital gain tax if the Landlord reinvests in any approved program within one year. The sooner Landlords sell the more they will gain TAX-FREE because housing prices will continue to drop! Tax revenues will not be lost, because landlords would not sell otherwise.
- Establish TAX-FREE and Federally guaranteed Loans for the construction of New Apartment Complexes and the purchase of Existing Apartment Complexes.
- Establish a Wealth Tax that BENEFITS the rich and the public!>
- Establish a Business Fund through the Small Business Administration (SBA). This fund can be TAX-FREE, with High Gain, expertly managed by the SBA, with no risk (federally insured), liquid, no-load, and open-ended. This is an investor’s dream come true! This TAX-FREE fund is a CHEAP way to propel our economy WITHOUT taxpayer money! And more profitable for investors than a Landlord’s typical 5% positive cash flow!
- And/Or More government money for start-up businesses could be provided through the Small Business Administration and other resources. The government will get its money back later when new businesses prosper. Of course, employee income tax and state sales tax will be collected even during the first five years.
- Have TAX-FREE FHA> guaranteed loans so lenders retain all interest profits! This will finance new homeowners! Down payments can be reduced even more to provide most people the “American Dream!”
- Have TAX-FREE investment funds to stimulate economic sectors like BAMBOO (BAMBOO Can Rescue Civilization!) or construction!
- Have TAX-FREE loans for new businesses so lenders retain all interest profits! This will finance new businesses!
- Change the capital gain tax laws so every year the federal government could select stock sectors and adjust capital gains taxes up or down for one or a specific number of years. This will stimulate or depress chosen economic sectors.
- Limiting the number of rental units and the number of TAX-FREE start-up businesses per person provides prosperity to more people because more people will own their own housing and businesses. Prosperity will also increase because most people will have more money to buy more goods and services due to increased productivity requiring more jobs.
- Change income tax laws: We recommend no tax on the first $83,000 yearly income. A flat tax rate of say 20% on yearly incomes over $4 million. And a linear tax increase on incomes in between. The IRS can change these numbers yearly, as they do now. Let’s give young people and new businesses a chance to succeed and pay more taxes later!
- Tax Loopholes that do not benefit the public should be eliminated. Loopholes for the rich will no longer be needed: the rich can make big profits, TAX-FREE if they invest in projects that benefit our people and strengthen our country! The only “loopholes” we want are the ones that benefit the public. We want the rich to get richer at our benefit, not at our expense! We will say this over and over again!
- Change the tax law so that housing builders and their investors pay little or no taxes on profits for say the next ten years. This is an excellent way to stimulate the building of new housing. Stipulations could be applied, as in where and what to build.
- Change laws to balance the trade deficit, so more goods, and jobs will be produced in the USA.
- Reduce building permits from $25,000 in CA to $6,000 like in many other states.
- Ease the Environmental Protection requirements.
All Tax Reductions will return more Tax by the additional production of more housing, goods, services, and JOBS that will increase income tax, sales tax, business tax, and property tax revenues even at moderate tax rates!
A Disruptive Shock could be caused by a sudden shift of investment money going from Rental Housing to Businesses. Some investors, especially big Landlords with hundreds of units (some corporations own tens of THOUSANDS of Houses) would need time to adapt, and the new businesses would need time to stabilize. To reduce this shock, let’s change the tax laws so Landlords will have high taxes added to 20% of their original number of excess units each year. This gives all Landlords, especially the Big Landlords, 5 years to sell their excess units without any tax penalties.
Great for Landlords: They can sell their rental property over a 5-year period, invest 30% of their equity growth in TAX-FREE business instead of paying 30% capital gains tax, do whatever they want with the other 70%, and make much more TAX-FREE business profits than the average 5% positive cash flow they now make on their rental units! Then after a few years, these X-Landlords turned business Investors can sell their interests in these businesses at a greater profit than the small rental equity growth foreseen for the future.
Business investors’ profits are TAX-FREE for the first 5 years of as many new businesses as they want to finance; that is, investors’ profits do not add to their taxable income for the first 5 years of any new business.
Business owners’ profits add to their taxable income from the very beginning. Owners still pay no tax, until their incomes are over $83,000/year.
114 MILLION+ Americans Denied the American Dream! According to the market & consumer database Statista, nearly 44 million housing units were rented, comprising 34% of the total U.S. households. Per U.S. Census data, the average household size is 2.6 people. Thus, the number of renters was 114.4 million, or 35% of the U.S. population in 2021.
The majority of these families will never have a chance to buy a home of their own, unless we change these tax laws!
Just TWO of Many Huge corporations NOW own more than 200,000 rental houses in America. That’s over 200,000 families that will never achieve the American dream of home ownership! Let’s change the tax laws so these huge corporations will sell 20% of their units each year and take 5 years to sell all but five of their units without any tax penalties.
What Weakens the Family, Weakens America! The Family is the foundation of America; what weakens the American Family, weakens America! Changing these tax laws will Greatly Strengthen the American Family and America itself!
Tenants Pay For Everything PLUS Landlord’s Profit! With a positive cash flow, the Landlord keeps the monthly profit and accumulates equity increase.
Financing Construction and Purchase of Apartments: Let’s have TAX-FREE and Federally guaranteed Loans for the construction of New Apartment Complexes and the purchase of Existing Apartment Complexes. Lenders will be willing to lend capital to non-profit organizations to build or buy Apartment Complexes in exchange for security and TAX-FREE interest profits! Some Landlords will carry the purchase loan themselves to gain security and TAX-FREE interest profits!
The building industry will get a boost as well: current low-income homeless people will be able to buy or rent housing at TRUE SUPPLY AND DEMAND PRICES, which INCLUDE the current building cost of entry-level housing.
BAMBOO can provide Vast, Renewable building materials! BAMBOO Living> Buildings can look conventional with drywall sheetrock and stucco or other wall covering materials. Yes, even BAMBOO particle boards! (see BAMBOO Can Rescue Civilization!)
Current Homeowners can move up to NEWLY BUILT better houses with the same monthly mortgage, and then low-income people can buy the vacated old houses! That’s more business for the building industry!
Even Welfare Recipients will be able to pay rent and still have spending money, even if a Recipient lives alone. Couples, families, and groups will do even better.
Some say “It is simple, just build more housing units.” These tax changes are HOW to afford BUILDING new housing. More people will be able to afford housing, so more housing will have to be built to accommodate them.
Managing Non-Profit Apartments can be done by a paid staff just like in Condos. The previous Landlord’s apartment management staff can stay on and manage the now Non-Profit Apartment Complex. The tenants can vote for what services they want.
What You Can Do: If enough people, that is voters, do some of these things, it will happen: “A Better Life For All“(TM)!
- Send us a comment with your encouragement and advice or give us a “Like”. This will motivate us and prevent us from giving up. If no one cares, why should we?
- Do whatever you think is best to make “A Better Life For All“(TM).
- Help us by answering the following questions in the comments, anonymously if you wish: Do you think this plan will end the housing crisis? Do you think this plan will stimulate the economy? What would you do differently?
- Contact your federal, state, and local elected leaders through USA.gov>
- Contact your local SBA>. Ask them your questions about the new SBA Business Fund. Send them the link: https://aBetterLife4All.com/2015/02/08/prosperity/#method
- Share these Ideas and your Opinions, especially with your fellow renters.
- Contact Newspaper and TV Financial editors, reporters, and writers.
- Contact Local Organizations that represent Tenants, Landlords, Investors, Realtors, etc. Many cities have their own Tenant Organization.
- Search for, then post comments on related Internet articles in your favorite mediums.
There are several more sound Ideas in a Sac Bee Housing Crisis article; Mindy Romero’s 7 steps are particularly important. Mindy is the Founder and Director of the California Civic Engagement Project at UC Davis:
- Reduce or expedite regulatory and permit processing requirements, to create more certainty and predictability in the development process.
- Allow more flexible zoning for the construction of underutilized housing products like accessory dwellings, multiplexes, and cottage apartments.
- Cut back on some required state building regulations, such as those for the minimum required parking and expensive building materials.
- Reduce development fees for projects that include or increase the share of affordable housing.
- Provide more job training in the construction profession. Some building projects are stalled due to limited labor supply.
- Encourage local governments to use public surplus lands for affordable housing.
- Develop and fund local housing trust funds to create subsidized housing that is accessible to low-income households.
If Capitalism becomes more profitable than Feudalism (that’s tenants under landlords), your Landlord may say to you, “Because of the new tax changes, I am getting out of the landlord racket and want to offer you the first chance to buy this house. The down payment will be two months’ rent and your mortgage will be half your monthly rent. Are you interested?” Most will say, “YES!”
Then the landlord may say, “Because of the new tax changes, I am starting a new business in your field. I know you have the experience, and I would like to finance you as the owner of the business. You can help me get started and run the business for me. I know how much you make now; I’ll double your salary, match your benefits package, plus give you 10% of the profits. Are you interested?” Most will say, “YES!”
Your landlord-turned-business financier can half your housing expense, double your salary, match your benefits package, and give you 10% of the profit!
The culture of NIMBY (Not In My Back Yard) will weaken because the low lives will become “almost” respectable.
GREATEST ECONOMIC FACTOR:
The economy is so complex that no one or group understands it completely. Attempts to improve the economy often backfire. There are many factors that influence the economy. One of the greatest is housing; we feel it is the greatest economic factor. Housing is the greatest expense for most people. The value of housing in America is more than EVERYTHING else combined. It is one of the few things that one person owns and another person uses.
Feudalism in America:
Feudalism has had various forms throughout history. The central concept has been landlords controlling land and possessing financial and social power for exploitation over tenants, the Peasants (non-landowners).
Today we use the same terms used in the Middle Ages: landlords and tenants. The tenants are today’s Peasants.
Financial exploitation is the same today as then. As wages and the minimum wage go up in an area, vacancy rates go below a threshold and the landlord increases the rent. The house or apartment is not any better; it just costs the Peasant tenant more. A $100 rent increase is as immoral as a burglar stealing a $100 item each month. If the Peasants get a raise, the landlords will take it! It is their LEGAL right.
In high-income areas, rents and property values go up because landlords will suck the prosperity out of the workers.
Rent and property values go up in an area until landlords can no longer suck more money from tenants (our workers) because the tenants are at the financial breaking point. When the minimum wage goes up, the landlords raise the rent and legally “steal” the increase!
We use the Middle Ages term “Peasants” for today’s non-owners known today by the more “pleasant” Middle Ages term “tenants.” Most tenants are not in the top 10%; most tenants are poor Peasants compared to the wealthy; we are sad to say. We use “Peasants” to emphasize the situation and hopefully motivate the “Peasants” to organize and vote for these new tax laws for their Prosperity.
In the 1970s Feudalism became more profitable than Capitalism. More investors chose to be landlords rather than business owners. Over the decades, more and more investors competed against each other to squeeze more and more money out of the Peasants. As the decades went by, profits for landlords from rental investments went from a pot of gold, to silver, to bronze, and finally to lead. It is because of our economic system and the Peasants can’t pay anymore.
The cost of buying a house or condo is not determined by Peasants bidding against each other hoping to buy a house to live in. Peasants also have to bid against landlord investors wishing to make profits at the Peasants’ expense. Many landlords have vast property equity and great loan credit. A strong landlord can easily outbid most Peasants.
The many advantages of owning vs. renting are great. The equality (value increase) over five years can be $30,000 on a $ 500-a-month apartment. The landlord gets that now; wouldn’t you like to get that? You morally deserve it.
A friend said most people don’t understand this. The people who do understand become landlords and don’t want tax changes. This is leading to a dead end.
Today’s Economic Dead End:
As the landlords bid the prices up, and up, and up competing against each other, the Peasant tenants are finding it harder and harder to keep up. Our economic system and many Peasants are stressed to the limit. Many Peasants live month to month or day to day. More and more Americans are homeless.
Things will get worse without these tax changes.
Even some landlords are losing money. I know several landlord friends who invested in three to five rental properties and lost them all and even lost their own homes during the housing crisis.
LABOR LAWS in the first half of the 1900s reduced the exploitation of workers and strengthened Capitalism. It is now time to strengthen Capitalism by weakening Feudalism. It is time to protect our workers at home as well as at work!
TAX-FREE BUSINESS START-UP; MORE GOODS, SERVICES, JOBS, and income and business tax revenues:
To encourage new business, start-ups could be TAX-FREE or TAX-FREEed for say the first five years. New businesses will create more goods, more services, more JOBS, and more income and business tax revenues. Each person could have one or a few TAX-FREE chances to start a business in their lifetime. A smart, wealthy investor could start several businesses TAX-FREE for five years by financing new business owners to start and/or run businesses.
Podcast play explaining key points:
Written Version>
Add spoken version soon. hhh
Internal I4H Links: A4 Major Articles., Economics., Helping Others., Homelessness., Law.
External Links: BAMBOO Living>
TRADEMARKS of aBetterLife4All.com(TM): Business-Buses-to-Prosperity(TM)
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DonDesignJr aka SantaDon
"A Better Life 4 All"(TM) 
We had a good talk about investing
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To the anti-organization: I’m also a Jr.; Top life quote I lived by and my previous two mentors in their 70’s, and 80’s always used (I loved it before knowing them), “It is what it is”; And the security guard described on the page—I’m not too far off, though he might best me in trivia.
You WILL Prosper With Tax Changes! — Initial Thoughts
End the Housing Crisis:
Housing supply limited by use (1) financial feasibility due to ever growing building codes, utility grid expansion, etc.; (2) governmental forces including restrictive zoning laws, especially here in CA;
(3) physical forces including limited supply of buildable land (i.e. mountain or water barriers/difficulties);
(4) maximum productivity meaning only a portion of even the land mentioned above is best suited for residential use based on the above criteria. Then add in a growing population including a surge in immigration that isn’t properly counted so no true feasibility analysis can really be completed on anything but a micro scale.
Realistically, the 80/20 plan would theoretically drive prices up due to the increased availability of capital flooding the market, but would likely over a mid- to long-term overview equalize. A rough example we can see today is the above national and regional average increase of mid and high priced homes here in Roseville-Rocklin-Granite Bay area having increased substantially due to the influx of Bay area residents with greater average incomes and equity since they can work remotely with many choosing to stay semi local. Overall, the 80/20 plan would work, but supply issues would still need to be addressed in all of the four (4) areas mentioned.
Stimulate the Economy:
Interest rate manipulation and lending practices are at the core of economic stimulus, and the plan in the article would solve the latter, and in doing so inherently alleviate the former. So the 80/20 plan would theoretically solve this—for all to prosper.
Conclusion
All economic classes would eventually benefit (5,10, 20 years?) once the market came to equilibrium all things equal. The 80% would finally be treated descent, and the 20% would benefit in many unforeseen ways perhaps including greater productivity, less animosity, more accessibility to improved human capital and creativity, etc.
As a macro example that includes far beyond anything discussed herein, hypocritically the US tends to say we should afford poor countries around the world greater equality and opportunity (which is fair and I think true) but we don’t even do it for our own citizens, we just quip that it is already “good enough”….while pushing tons of other agendas for progress and improvement—many of which are agenda based opinions that fall flat and help but a fractional subset of society, and in some cases hinder that subset—ignoring the larger picture of all to ELEVATE ALL as is MORE THAN POSSIBLE if we all got on the same page.
You WILL Prosper With Tax Changes! — Post Article Thoughts
I’D LIKE TO KNOW MORE ABOUT WHAT YOU WANT – CRITICISM OR CONFIRMATION — BEFORE PROVIDING FEEDBACK. PLEASE LET ME KNOW. I notice many posts are religious based prior. I am a baptized and of course after over nearly two decades a Confirmed Christian, but am not enthused about that, rather the 80/20 and bamboo housing, etc.—to elevate all. If this is the direction I’m in. Let me know and please send an arrow. Thanks Don Jr.
-New Jr. – You have my number and email – feel free to text or email
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Hi Don! This is Tanya. I would like to be one of the voices for this.
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