Rewrite the Rules. Reverse the Money Flow. (I.P.R.A.P.)(T.I.R.P.A.)

***** “Believe nothing merely because you have been told it…But whatsoever, after due examination and analysis, you find to be kind, conducive to the good, the benefit, the welfare of all beings – that doctrine believe and cling to, and take it as your guide.”- Buddha[Gautama Siddharta] (563 – 483 BC), Hindu Prince, founder of Buddhism
******* “”We cannot solve our problems with the same thinking we used when we created them.”Albert Einstein

“It’s time to rewrite the rules―to curb the runaway flow of wealth to the top one percent, to restore security and opportunity for the middle class, and to foster stronger growth rooted in broadly shared prosperity.”(Economic Nobel Laureate Joseph Stiglitz)

Increase……. Wages, Jobs, the Standard of Living.
Decrease…… National Debt, Poverty, Inequality Gaps.

A HISTORIC CHANGE For The Betterment of The People.
Allow everyone to achieve “The American Dream” and to retain their “Fair Share”
Yes,”It’s a very exciting time for America.
Your voices represent a bright new future for our great nation full of more opportunities for everyone, not just a select few.
Together, we have created a movement that continues to gain momentum.
Together, we are making history. Together, we are bringing back the American Dream.
The time is now, Together, we will Make America Great Again!”

The U S Constitution has structured this union
so that the Chief Executive Officer, CEO (The President)
is responsible to its Board of Directors, BOD (The Congress)
and with its Chief Compliance Office, CCO (The U.S. Supreme Court)
shall work together “…to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity,…”

As Nobel Laureate Frederick Soddy stated, “Money now is a license to live.”
“Since, in all monetary civilizations, it is money that alone can effect the exchange of wealth and the continuous flow of goods and services throughout the nation, money has become the lifeblood of the community, and for each individual a veritable license to live at all…”(The Role Of Money.)
It is time to claim “Your FAIR SHARE of the American Dream.”
Make the money flow for the betterment “Of The People,” a reversal, a change “For The People”.
Now is the time to create the laws that would allow this change in direction.
Help to decrease the gaps of inequality, help decrease the numbers of those
in the grip of poverty, help raise the standard of living; all at the same time…

“Trickle Down” now doesn’t work.
Yes, OCCUPY, Yes, Pope Francis, the “Trickle Down” system doesn’t work.
It doesn’t work because the establishment impedes the flow.
REPEAT: It doesn’t work because the establishment impedes the flow.
This must change.
We must remove these impediments and create a flow of wealth directly to the “PEOPLE.”
The system is meant to “reward all”, to allow all “Their Fair Share.”
Millions now realize;… the economy is rigged, …the justice system is rigged, …the health care system is rigged, …the employment system is rigged.
All part of an economic system that is really just a rigged political system.
Fortunately, this past November the voters across America have made the choice to cast a revolutionary vote to “MAKE AMERICA GREAT AGAIN.”
SEVENTY percent of the people believe the American economy is rigged. And they’re right.
EIGHTY percent of the people desire a change, a revolution. And they’re right.
History has allowed an opportunity for “AMERICA TO MAKE ITSELF GREAT AGAIN.”
We must mandate a reversal of “… an economic recovery program that has… fueled the increase in wealth inequality…”
Reverse that program, make the money FLOW to “…help form a more perfect Union,
establish Justice, insure domestic Tranquility, provide for the common defense, promote
the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity…”
“Yes, We Can Lower Taxes, Pay Off The Debt, And At The Same Time Increase Revenue.”
Step One:
( I.P.R.A.P. )
Capitalism demands inequality as a just proportional reward.
It is the size of the “Gaps” where the administration of inequality becomes distorted.
The size of the ‘Gaps’ are a demand of the administration of the quality and quantity of these ‘gaps’.
Taxation is a ways and means by which a government controls the quality and quantity of its currency already in circulation.
Currency that it can redistribute without changing the quality or quantity of the entire currency.
American Capitalism should allow everyone to achieve
‘The American Dream’ and to retain that “Fair Share.”
But that dream should not impede the poor and elderly from achieving their FAIR SHARE.
Nor should it impede the risk and reward which will ultimately lead to a betterment for all.
A federal taxation of personal income must recognize the sanctity of “The fruits of mankind’s labor”
A federal taxation of personal income should be used to control the distribution of income to obtain
a fair and just sharing of the American Dream, a just and fair sharing of the world’s riches while
maintaining the greatest standard of living.

“Inequality and Poverty Reduction Adjustment Program” ( I.P.R.A.P. )
“THE NEW ONE PAGE: Federal Personal Income Tax: 2017”
Brackets & Rates for Joint filers with:
GROUP ONE- income less than $100,000:
GROUP TWO- income more than $100,000 but less than $225,000:
GROUP THREE-income more than $225,000:
*Brackets for single filers are ½ of these amounts.
ALL income is taxable and must be reported.
All income is to be taxed at the same rate-30%.
NO exemptions. NO loopholes.Period.
This plan will increase the standard deduction for joint filers to $80,000,
and the standard deduction for single filers will be $40,000.
Tax must be paid, any claim of injustice may be filed for a proportional refund, if approved, it shall become a tax credit in the next year.
***The Tax Group One:
A… will receive a 8% distribution to replace their losses caused by sales taxes which are a detriment to their ‘standard of living’. This 6% will also replace any Social Security loss. The rebate will help grow our economy as well as allow wage earners to keep their share of the American Dream and raise the standard of living.

***Both Tax Group One and Tax Group Two:
A… will receive a direct refundable tax credit as provided for ‘Child and Home Care’ of $2500.
Refundable Tax credits that become ‘overages’ will become an immediate cash refund.
B… will receive a refundable tax credit of $2,000 for each child under the age of 18 for HEALTH AND EDUCATIONAL MAINTENANCE.
C… VETERANS WHO SERVED; DESERVE a direct lifetime annual refundable tax credit of $3,000.
D… will receive a 15% ‘take home’ pay increase.There will be no FICA payment taken out of their pay.This is at ZERO cost to production (The minimum wage concept would cost jobs as well as increase production cost). This merely places what was earned into their paycheck; it is the 15% F.I.C.A. that was withheld from them; now going directly into their takehome pay.
( I.P.R.A.P. ) will create a direct increase in wages, an increase in Social Security, a direct increase
in income to more than 80% “of the people.” and it will be done “along with a
reduction in National Debt.”
We must mandate that the Executive branch and the Legislative branch,
Reverse an economic privileged program that has lead to increases in wealth inequality.
Reverse that program, make the money FLOW to “…help form a more perfect Union, establish Justice,
insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure
the Blessings of Liberty to ourselves and our Posterity…”

Step Two:

( T.I.R.P.A. )
Trillions can be used to create millions of new jobs, purchases of “TAXPAYER INCOME REVENUE PRODUCING ASSETS ( T.I.R.P.A. ).
T.I.R.P.A. will produce a positive stream of tax revenue to be used for Congressional appropriations. “TIRPA” ( T.I.R.P.A. ) a simple plan, using our resources, making purchases of STATE BONDS FOR INFRASTRUCTURE which will create 25 million American new jobs ‘for the people, by the people, of the people’. Produce CLEAN WATER, CLEAN AIR, CLEAN ENERGY and NEW INFRASTRUCTURE IN EACH STATE.
An economic solution to long term problems that will also increase employment,
increase GDP and improve standards of living today and for the next generation.
” The economy needs an injection of new money just to bring it to former levels. In July 2010, the New York Fed posted a staff report showing that the money supply had shrunk by about $3 trillion since 2008, due to the collapse of the shadow banking system. The goal of the Federal Reserve’s quantitative easing was to return inflation to target levels by increasing private sector borrowing. But rather than taking out new loans, individuals and businesses are paying off old loans, shrinking the money supply. They are doing this although credit is very cheap because they need to rectify their debt-ridden balance sheets just to stay afloat. They are also hoarding money, taking it out of the circulating money supply. Economist Richard Koo calls it a “balance sheet recession.”
The Federal Reserve has already bought $3.6 trillion in assets simply by “printing the money” through QE. When that program was initiated, critics called it recklessly hyperinflationary; but it did not create even the modest 2% inflation the Fed was aiming for. Combined with ZIRP – zero interest rates for banks – it encouraged borrowing for speculation, driving up the stock market and real estate; but the Consumer Price Index, productivity, and wages barely budged. As noted on CNBC in February:
Central banks have been pumping money into the global economy without a whole lot to show for it . . . . Growth remains anemic, and worries are escalating that the U.S. and the rest of the world are on the brink of a recession, despite bargain-basement interest rates and trillions in liquidity.”
President Trump, “We are going to fix our inner cities and rebuild our highways, tunnels, airports, schools, hospitals. We’re going to rebuild our infrastructure, which will become, by the way, second to none. And we will put millions of our people to work as we rebuild it.”
It sounds great; but even more important, TIRPA not only pays for itself; it reduces national debt !
Time for American innovation to solve our problems, focus on investments-smart investments which will improve growth and pay for itself.
( T.I.R.P.A. ) , Plans to create millions of jobs that will pay for themselves while decreasing federal debt, poverty, as well as the income gap
Not a bailout.
Not a cost to all the taxpayers.
Not an increase in deficit spending.
Rather a magic economic proven golden bullet.
The FEDS made a direct purchase of bank assets.The Fed has already proven that it can do this; with a profit to the US Treasury and with no increase in the debt (it is an asset purchase).
We must have Congress legislate that the Federal Reserve Bank shall make purchases of Public State Bonds For Infrastructure (PSBFI).
Each state will have as a member of the Federal Reserve a public state bank along with
one additional member, the District of Columbia.
Each member (Public State Bank) will be entitled to issue $1 billion/ electoral vote. All bonds will have the same terms and conditions and will be available to the Federal Reserve for that year of issue.
All PSBFI’s will have a term of 30 years with the payment conditions as follows:
Each dollar of face value will be sold at a fifty percent (50%) discount to the Fed.
There will be no interest charges.
The entire bond will have 30 equal payments due each year.
The T.I.R.P.A. BONDS will act as a line of credit: after 360 days of each annual
payment; that amount will be available to each entity with the same terms and conditions.
Ex., DC has $3 billion available ($1 X 3 Electoral votes).
THE BOND NOTE WILL READ $6 Billion with a $200 million
annual payment for 30 years.
This will allow DC after 360 days of payment to borrow $200 million by selling the Fed a TIRPA 30/Yr Bond Face value $400 million.
It sounds great; but even more important, it not only pays for itself;
it reduces national debt !
A “QE” purchase of $538 billion in State Bonds with a face value of $1,076 billion.
Producing an increase net revenue income of $538 billion over 30 years!!!!
Ex., CA has $55 billion available ($1 X 55 Electoral votes); etc.
( T.I.R.P.A. )”Border Security Bond” having a face value of $40 billion, to be issued by 4 State Public Banks;
The U.S. states along the border, California, Arizona, New Mexico, and Texas. These states shall use $20 billion of TIRPA “Border Security Bond” money:
This special issue shall have a face value of $40 billion with a 30-year equal annual payment plan.(“TAXPAYER INCOME REVENUE PRODUCING ASSETS” ( T.I.R.P.A. )to secure and maintain our border with Mexico. Each state will use a proportional amount based upon the actual state border mileage plus the number of points of entry. There are 48 U.S.–Mexico border crossings which shall be used to process a two percent (2%) service fee on all items for U.S.A. admission. The states will use these fund to pay off the bonds and also to maintain the border.
The states will have the option to issue new TIRPA bonds should they wish to make this fixture into an energy producing asset.
Thousands of megawatts of solar power; helping to make America great again.
Yes, a wall for security that will perform in many ways to help ‘Make America Great Again’.
( T.I.R.P.A. )for Disaster Relief. 2017 issue face value $1,076 Billion.
Federal government to deposit $538 BILLION in Public State Banks for its asset purchase of $1,076 Billion of State Disaster Relief Bonds with a term of 30 years with equal annual payments. Each state shall deem when funds are to be dispersed. The allocation shall be based upon the fair and just system: $1 billion per electoral vote. This amount will be available as a line of credit.

Yes, you can lower federal personal income taxes and lower federal corporate profit taxes. Period.

No longer shall we listen to the outcry by the establishment,
Yes,”It’s a very exciting time for America.”


One Response to “Rewrite the Rules. Reverse the Money Flow. (I.P.R.A.P.)(T.I.R.P.A.)”

  1. Hey, whoever wrote “Trump’s” tax “plan” may be on to something. | The Basilovecchio Blog Says:

    […]… […]

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: