m*q
发帖数: 2 | 1 What does California Have?
• Many world famous giant company, Apple, Intel, Google, Qualcom,
etc
• 48 million people
• One of most productive economy region
• Multi-culture environment
What kind of issue does the current California have?
• Multi billion deficit
• Over 13% of unemployment rate
• One third of people in USA with food stamps located in California
• School rated 48th in 50 states
• Highest tax state
How to solve the Issue?
• Raise Tax
– California has top rated income tax, sales tax
– Is this right way to do?
Tax distribution
• Top 1% of tax payer pay 41% of total income revenue
• Top 15% of tax payer pay 80% of total income revenue
• Bottom 50% of people pay 1.5% of total income revenue
However, many people still believe that rich people has to pay more tax to
solve the deficit problem? Don’t you think that the rich people and middle
class already pay enough?
What is the problem?
• The problem is the democratic system. Every one has a right to
vote.
• If 50% people pay little tax and vote that rich people should pay
higher tax. More people will fall into the low income/low tax group. Then
more people will vote for raising tax. The system will crash.
• The future of CA will be bankrupt. So does the USA.
How to solve it fundamentally? Weighted vote politic system
• Not everyone has same power with vote. The higher Tax you pay,
the more powerful vote will be. So vote is tied to how much tax the voters
paid
• If no tax paid, you still get one vote since everyone has a right
to vote. But the weight is minimum
Initial proposed the overall weight vote distribution
10% top tax payer will hold 25% weighted votes
Middle class will hold 50% of weighed votes
50% people who pay no tax or little tax will hold 25% of weighted votes
After go on, this distribution will be optimized
Goal for the votes?
• No matter who runs for the government, he/she should attract more
tax payer’s attention. Then will bring more revenue to the government
• Low income people also can not be left behind. This will
guarantee the safety and stability of our society
Why high tax payer should get more weighted vote?
• That will attract more rich people to California.
• Rich people has more experience to money management, can help
reduce government spending
• Many union pay money for democratic party campaign. Here, the
idea is same. Why not give same power to all the tax payer. Including
middle class who pay high tax too
• The high tax payer get more weighted vote, this will stop the
trend of keeping raising tax, which will eventually crash the who society.
How the vote distribution will end up?
• If high tax payer get majority of weighted vote, most likely they
will ask to reduce Tax.
• By reducing tax, the weighted vote for rich people will be less
• The people who pay rest of tax will get more weighted vote.
• Eventually a positive balance will reach. Top tax payer pay
extra tax to get stable system. Low tax or no tax payer get the benefit
contributed by high tax payer (e.g. school system, highway, medicare)
• The goal is to have a government with more income growth (more
tax revenue) and stable (low income people still get portion of vote right)
Example of Weighted votes
Tax paid including income tax, sale tax, property tax Weighted vote
0 1
0~10000 2
10000~30000 3
30000~55000 4
Weighted votes is not linear. Should curved out to avoid power over
concentration
Exemption
• People who used to join the military army to risk their life to
protect our country, these are our heroes. They will get extra vote lifetime
. This is additional votes beyond their existing right.
• For example, a low income tax payer who used to be in army will
get 2 weighted vote. This may equivalent to a high income engineer, teacher
,etc
• Police, fire fighter, get additional votes along with the
weighted votes based on their income.
• Police and fire fighter also risk their life. Although their
income is high, they should deserve more votes
• Prisoner who is currently in jail has no votes. This will
encourage people to make money through legal approach
How the weighted votes system end up?
• The democratic system with weighted vote will reach a balance to
avoid higher tax, more spending
• It will attract more high tax payer to arrive in CA. who will
also bring more revenue to government.
How to help people to get out of poverty?
• Current method from democratic party will be
– More food stamp, tax deduction, social benefit,etc
• This will attract more people who votes for the party. It is a
negative feedback. Eventually it will crash the system
Why is poverty?
• No jobs
• No education
• More kids for the family. Since more kids, more benefit. These
will increase the population of poor people.
• In order to improve the whole society economy condition, we
should reduce the population of poverty, not increase
Solutions-outsourcing tax
• Tax rich people and company who outsourcing jobs overseas.
Private company are good for economy, but also they are greedy, the out
sourcing will create less and less jobs in USA. USA needs more jobs than
anytime in the history.
Solutions- high tax for luxury
• High tax rate for high income tax is not fair. But we should
collect more tax for luxury expense for rich people.
• For example, high expensive cars, high expensive houses, luxury
stuffe,tc
Solution-reduce tax for high employ rate of manufacture company
• Reduce the taxes for these company hiring more and more USA
workers. Hire more employee in USA will reduce the company profit. But
government should give reward for them. One of reward is less taxes
Solution-reduce cost of employee and workers
• Reduce salary and compensation for USA workers. It is global
economy, we have to compete with overseas. One of reason for high
employment rate is not rich people, it is middle class themselves. The Union
, senior people want to keep their own jobs and benefit, as an consequence,
new people and young people will Not have job opportunity.
• Reduce Medicare cost if every USA has medical insurance
Solution-job replace benefit and food stamps
• For low income people, instead of giving social benefit and food
stamp, we should create more jobs
• Jobs will help people out of poverty.
• Government should generate more project to create more jobs,
discussed in later section
Solution-limited family size
• The social benefit should have limitation
– For kids, benefit should limit to two kids. The third kids will have
only half. The 4th, 5th has no benefit.
– For kids more than two, the education fund should be collected.
– Poor family kids has poor education. Part of reason is the Parents
themselves.
Solution-Benefit is engaged with job
• For social benefit. Government should issue a benefit with a job
ticket. For example, instead of giving 500$s benefit. Government will
require a private company work with these people who receive benefit. The
job is 10$ per hour. Private company pay half, 5$. The other half 5$ will be
collected from government.
– So this will force people to work in order to get full portion of
benefit.
– Private company will have cheaper labor. Of course, this should also
have limitation .e.g. only 20% of jobs can be these
– Government can also provide these kind of jobs. Thinking about our
beach, need clean. The street needs clean.
Government Projects
• One way to create jobs is government projects.
• The highway train, construction of road, infra-structure,etc.
• Any projects from government seldom make money, such as highway,
library,etc. But this will benefit for whole society. It will also create
more jobs and demand.
Government Projects-product usage
• For government project, it is preferred to use USA made material
and labors.
• But USA made products should not be 20% more expensive than the
competitors with similar country. For example, if USA made steel is 20%
expensive than Japanese product with same quality, we have trouble for
ourselves
One example of Government projects-School traffic
• For school, in front of many school, the traffic is terrible in
school time. Have any government thinking about building walking bridge?
This will make kids safer, reduce traffic and create more construction jobs
..
Medication care
• For some point, democratic is correct. The USA should have
medication for every US citizens.
• No matter who they are, in order to improve our US living
standard, we should have medication even they are out of jobs, old,etc.
• However, the extra spending can not fully get by raising tax from
rich people. Everyone should pay their shares to get benefit
• In addition, no pain, no gain, some service should sacrifice
Medication care implementation
• Everyone should buy a basic insurance
• Government builds hospital, medicare group, hire young doctors,
etc. this will create more jobs for young people. These facility will
compete with private sector to lower the cost of medication.
• The basic insurance only cover limited medication service, for
example, government owned hosiptal, etc. The service quality will be
reduced. Patient also needs pay high copay
• If people can buy extra insurance, they can get better service
from private enterprise. Private enterprise can also accept this basic
insurance.
• The competition will reduce the cost of medication
Education
• Now most of education funds go to public school system. The
republic has better idea. The voucher system. The school accepts voucher to
get their funding.
• The kids and parent can select which school they want
• The private school should also can accept voucher. So private
school can compete with public school
• The voucher also related to the tax. Less tax, less voucher.
Same concept for weighted vote. We should have weighted voucher system. For
example, no tax, only two kids get two vouchers. 3rd one get half vouchers.
Need special program school. For people paid more tax, the more voucher
gets, can afford go to better school or private school
• However, some government support needed to have all kids educated
.
High education
• For colleague education, financial aid should be limited to
minimum. Should replaced with loan. Students who get loans should pay them
back after they graduate and get a job. This is their responsibility,
regardless they are low income or not. Low income may get loan with lower
interest, but should not free | C****n
发帖数: 2324 | 2 Sounds good. Unfortunately, hard to push through.
California
【在 m*q 的大作中提到】
: What does California Have?
: • Many world famous giant company, Apple, Intel, Google, Qualcom,
: etc
: • 48 million people
: • One of most productive economy region
: • Multi-culture environment
: What kind of issue does the current California have?
: • Multi billion deficit
: • Over 13% of unemployment rate
: • One third of people in USA with food stamps located in California
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