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Two nights ago I spoke with Bill Gates Sr
We were in the bathroom together before his speech to my school. This is what I told him after I took that GIGANTIC piss i needed to get out.
"We'll never get far staring at our opponents for too long or staring at ourselves for too long either. If we are going to stare anywhere for any extended period of then time let us stare in the same direction to see what we find."
ACG
The philosophical arguments are backed by historical research and even biblical citations. Some of the historical tidbits are fascinating. Estate Tax Advocates during both Civil and Spanish and American Wars of our past promoted a "conscription of wealth" or a tax of the wealthy.
A partial offset to the conscription of life and limb exacted from those of lesser means. The modern estate tax came about as a result of the efforts of progressive Republicans, in their efforts to rein in the robber barons.
– Taken from Bill Gates Sr. & Chuck Collins Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes.
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Some Personal Thoughts on the subject to hopefully be addressed at Bill Sr.'s upcoming visit to Gonzaga University…
The National Taxation of individuals with more than two million dollars in assets should be funneled into a Global Partnership; one that provides options for wealthy individuals to invest in organizational philanthropy.
The surplus of income over any individual's two million dollar annual salary (notwithstanding the individual's choice to privatize holdings in other for and non-profit corporations) is NOT a transmission of wealth from deceased family member tax it is a living wealth tax and one that can be transferred to another single entity for responsibility of maintenance if necessary.
The tax itself is an individually owned entity of operating capital. It's a responsibility machine to the well-off, just as government requires us and is required to live up to certain responsibilities legally.
All funds generated that exceed an individual annual two million dollar salary can be considered capital for the IOPE or Individually Owned Philanthropic Entity. They cannot be used for direct personal benefit or material acquisition. Public services available for participants in this amendment to law are free corporate development support, personnel support, media production support and specialized educational opportunities.
These entities are essentially corporations that either support and promote charitable events or are responsible for maintaining investment portfolios in organizations that fall within parameters of philanthropy.
In order to receive this new source of finance standard for-profit corporations will try to meet legally-standardized philanthropic criteria in order to woo IOPE managers in an effort to match fund to need.
An entire economic culture leaning in an entirely new way
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Again, these corporations are solely owned by the individual wage earners, and as such, are the legal responsibility of those earners. It is a wealthy individual's requirement to operate in partnership with the philanthropic industry even if it is just monetarily.
The benefits far outweigh the initial costs financially, because they eventually INCLUDE financial benefits and psychological benefits. They even include these benefits at the varying levels of operating commerce and politic.
These corporations act as PR resources for the super wealthy if so desired. Each philanthropic organization is further entitled to actually generate profit in pre-monitored areas of healthy economic development via retail sales of goods and services. This is how IOPEs can make money. They are further stipulated as for-profit organizations. However, if any one employee or associate of the organization earns more a 2 million dollar annual salary for services rendered that salary is to be considered a surplus that becomes invested in a new IOPE for the new 2 million dollar wage earner.
Expansion and development is always encouraged as long as the primary wage earner is the sole responsible party legally no matter the corporate name or logo.
This theory put into practice will allow many of the individually wealthy to take an active part in the global philanthropy process. It will give rise to the potential of a new standard for both status and value among the financially successful.
With coordination at the higher echelons of US business, media and government, world culture consumer philosophy and spending habits can be shifted towards goods and services that are philanthropically themed. The US leads the world in marketing mastery.
With a pro-active legal commitment to global philanthropic efforts, the US will be able to skyrocket world opinion and transform foreign policy.
Domestic opinion will also potentially increase as the theme of global philanthropic privatization spearheaded by the US wealthy will make everyone look good to everyone else.
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MEDIA…
has multiple angles with which to grab hold of the swing in global human interest.
You've got news stories that turn the tide of human interest from negative to positive as the change in financial distributions begins to take hold. This is particularly evinced if the United States takes a lead role. We lead global media let's do it right.
Anyway, it's a tax. It needs an infrastructure and it levels the playing field across the globe a little better. It should begin with at least united states' citizens as founding test subjects in order to set another global example. PR back to US.
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at both national and local levels, if the process takes hold, realize the shift in human interest stories as reality tv becomes overseas, underground and wherever the poverty, drama and hardship need most relief. This puts the ornamental wealthy in the spotlight or if they so choose to operate behind the scenes, or if the even turn over operation to a family member or a spouse the duties and responsibilities of managing the financial surplus being taxed for the UN partnering organization.
Again, multiple options for utilization of the surplus resources can be chosen. Donations to chosen humanitarian organizations are the simplest but least rewarding and least interactive. Erection of individually run corporate entities is another. Corporate models can be established that essentially manage and distribute funding to chosen ventures. This gives the individual wage earner an opportunity to face a significant part of the global situation and participate in the making of a difference at a larger scale. For those who have busy lifestyles the transmission to a family member or spouse the control of the surplus fund organization can be established through relatively simple legal channels of responsibility. At least options are available for individuals with grossly large personal incomes. Please remember these are not corporate incomes but salaries of individuals. Individuals of lower character are unrestrained from making salaries that are technically below the 2 million dollar cap. The organizations who utilize this money, or others who support it, are under the freedom of speech act also allowed to post the names of the people who are just under the cap in personal income.
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