United States Congress: Tax Credit for Actual Economic Activity Spending.

United States Congress: Tax Credit for Actual Economic Activity Spending.

The Issue

A debate persists in the United States regarding the taxation of higher income earners, say over an income of $225,000 annually. Those against this concept state that it prevents reinvestment back into the economy. Those for it, state that the benefits within this society are disproportionally enjoyed by these few citizens. Neither point of view addresses the purchase of assets like gold that is often locked in a vault, in a location such as Switzerland, not contributing to any economic vitality or stimulating job forming activity at all.

This petition requests that a tax is applied with a maximum credit allowed that is determined by the amount of the added tax on the income over $225,000. This credit would be for the actual money that is invested in activities other than investment grade metals, currencies or traded investments. This helps to stimulate the economy, increase a manufacturing base and balance disproportional tax revenue streams by reducing the stockpiling of non productive resources.

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The Issue

A debate persists in the United States regarding the taxation of higher income earners, say over an income of $225,000 annually. Those against this concept state that it prevents reinvestment back into the economy. Those for it, state that the benefits within this society are disproportionally enjoyed by these few citizens. Neither point of view addresses the purchase of assets like gold that is often locked in a vault, in a location such as Switzerland, not contributing to any economic vitality or stimulating job forming activity at all.

This petition requests that a tax is applied with a maximum credit allowed that is determined by the amount of the added tax on the income over $225,000. This credit would be for the actual money that is invested in activities other than investment grade metals, currencies or traded investments. This helps to stimulate the economy, increase a manufacturing base and balance disproportional tax revenue streams by reducing the stockpiling of non productive resources.

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N APetition Starter

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