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!
Posted by DonDesignJr aka SantaDon