To: President Donald Trump, The United States House of Representatives, and The United States Senate
Fund Social Security NOW!
Yesterday Sec. Geithner stated that Medicaid will be bankrupt by 2016 and Social Security by 2033. Yet these idiots continue to support the 2% stimulus gimmick, draining funds from the system to supposedly boost the economy. So we are getting the usual double talk.
I propose that the following measures be immediately implemented and 100% of the funds go directly to Social Security, Medicare and Medicaide.
1. A 25% tax on all corporate stock buy backs. (They add zero to the economy)
2. A 25 basis point fee on all loans and currency swaps made by the Federal Reserve. (The Fed makes loans only to banks (that are apparently not willing to lend to consumers) and swaps to other foreign central banks)
3. A 25% tax on dividends paid to non-natural persons.
This should keep SS in the black and replenish the trust fund.
I propose that the following measures be immediately implemented and 100% of the funds go directly to Social Security, Medicare and Medicaide.
1. A 25% tax on all corporate stock buy backs. (They add zero to the economy)
2. A 25 basis point fee on all loans and currency swaps made by the Federal Reserve. (The Fed makes loans only to banks (that are apparently not willing to lend to consumers) and swaps to other foreign central banks)
3. A 25% tax on dividends paid to non-natural persons.
This should keep SS in the black and replenish the trust fund.
Why is this important?
Social Security funding has been hurt by the 2% gimmick and a slow economy. It is in a perilous condition and must be funded properly now. Allowing SS to go broke will devaste millions of Americans and create the greatest depression ever.