- Steven Glover
- Auburn, WA
- United States
This conversation is closed.
Allow Corporations to compete with government for tax revenue to provide social security.
First let me say sorry to the international community, this idea is all centered around American legal and tax code.
My idea is to offer citizens a choice. After the 2004 presidential elections Bush tried to force upon the public privatizing Social Security benefits. The 2008 crash was all the confirmation needed for many that this was a bad idea.
I want someone to create a blend of an insurance company, a religion, a corporation, and a government.
Religions already receive donations which are tax ride offs for citizens, but they lack any regulation, and enforce a moral doctrine on their followers.
Insurance companies will cover unexpected expenses as long as you pay your monthly premium. Usually both the company and the consumer are doing their best to defraud the other.
Corporations have a fiduciary responsibility to be profitable to their share holders. Usually the better they can do this, the more they sacrifice the well being of their workers, the environment, and society at large (e.g. Walmart)
Governments are (supposedly) responsible for the well being of their citizens. As an American who rejected the Iraq war rhetoric (If we're going in there for oil, lets just say we need their oil) I have looked at my yearly tax bill and I'm uncomfortable with how many thousands of dollars I've personally handed over to murder innocent children.
Here's my vision: A company which will receive a certain percentage of your yearly income for a five year block of time. Everything else is just speculation of what the free-market will come up with. Some people may choose to pay almost nothing, but will be unable to access U.S. Gov't benefits (Libertarians). Others can choose to pay 50% of their income, in exchange for guaranteed housing, job-training, transportation assistance, legal representation, drug rehabilitation, etc.
Simply put my goal is to tie the fiduciary responsibility of corporations, to the well being of citizens. But it must be a choice