To: President Donald Trump, The United States House of Representatives, and The United States Senate
Reviving Our Economy
Change Social Security tax to 10% paid by all individuals on all income with no cap on earnings. Companies would pay the tax only on foreign workers. Social Security would cover retirement benefits, workman's comp, unemployment and health insurance for all. A 20 percent increase in Social Security retirement benefits would be effective immediately. Also covered would be forgiveness of all student debt and a new provision for free education at public universities.
Why is this important?
The economy needs a stimulus. We need to enable the retirement of older workers to free up more jobs. We need to give our American workers an even chance to compete with foreign workers. We need to relieve the debt on our young people so they can buy homes. We need to relieve the tax and healthcare burden on companies wanting to hire American employees.