Monday, October 03, 2011

HOW WE CAN INCREASE JOBS AND LOWER UNEMPLOYMENT

No one in Washington seems to have a solution for curing unemployment that make sense. The Republicans come up with laws that lower taxes for the rich and give them more loopholes.

 Lets change the income tax code to encourage consumers to buy American made products. For example if you have $100,000 taxable income and you buy an American made car you could reduce that taxable income. If you bought an American car for $50,000 and half of the value of the parts and materials  were certified to be made in America you could then reduce the figure by $25,000 the taxable income. If you bought a bottle of Vodka made in Sweden you would could not reduce your taxable income but if the bottle of Vodka was all produced and certified from supplies all made in America you would reduce your your taxable income by the cost of the American made Vodka. If you bought coffee produced from American soil  and packed in America with containers made in America you could reduce that taxable income amount. All food products made, caught packed and processed would be reduce you taxable income. Gasoline from American oil wells and refined in America would also reduce your taxable income.

I am sure all of our politician that are on the take from the multinational corporations would oppose my idea to encourage consumers to buy American made products. The Republicans haven't come up with any ideas except to lower taxes and do away with regulations that protect the workers and consumers.

If you think I have a good idea let your Senators and congressperson hear about it. I have already contacted mine. If enough people call and write your Senators and congressperson they may take note and do something about jobs. It is only the consumer and his money that will create real jobs. Lets encourage the consumer to spend money on American made products by revising the tax code for all consumers and not just the rich. Those consumers that do not make enough to pay income tax would be also get a tax rebate for their purchases of American made product of 15% the same as what the rich pay on capital gains.Lets hope they adopt the Buffet rule and get more money in the pockets of the poor.

It doesn't help the American worker if we just lower taxes and throw money at the poor. If welfare people would spend their money on American made things instead of junk made in China or some other slave country maybe they could get of the dole and get a real job.

0 Comments:

Post a Comment

<< Home