still doesn't address the source of income, only how its taxed.
Yes it does address the source of the income. All social programs come out of the taxpayers pocket. Some, like military and employees pensions are earned. Many, like disability pension, welfare, Old Age Pension are things we voted ourselves.
I don't believe that we should or need to remove all social programs from our system. I do believe we waste a lot of money the way we distribute them.
if you actually read what i wrote, its 'replace' overpaid, useless managers
with people who actually do something ... you still save money firing
a $100,000 a year government manager and hiring a $50,000 a year front
line worker!
If you go to a base rate, you don't need many of the front line workers or their managers. I spent enough years in the military to be retired with a pension. Don't get me started on how much real work any front line worker or manager actually does.
that's why i said get rid of ALL social programs and have one program
for ALL income needs.
And I've laid out a coherent way to do it.
there's a difference between 'profit sharing' and 'stock options' -- mainly
one is based on ACTUAL increases in the bottom line of the company
while the other is like the government that prints money ... stock options
dilute share price and reward CEO's who have short term views to maximize
their own payoff.
i'd rather see the money that goes to CEO's go to the people who
actually do the work ... produce the product, the sales, the shipping
whatever ... not some ass with great ideas that make no sense.
Since I retired from the military, I've assisted a number of start-ups on developing a business plan, having a real idea of what they are actually providing and set up the systems they need to actually run a business. I don't charge that much for this, however I do expect to be paid.
I also serve on the Board of a Financial Institution. We are always dealing with people that have a bright idea, but no idea on how to do it. The ability to cook doesn't mean a person can run a restaurant. The ability to install software doesn't mean a person can run a computer store. If the person is willing, and not in one of the areas that go bankrupt in a year, we try to assist them in realizing their dream.
The line workers are the result of a good business plan and competent management. They are not how it happens.
it also saves lives ... stops a lot of petty crime, insurance rates, lost
business to panhandlers and street people pissing in your doorway,
etc.
Agreed
huh? how is a salary based on your experience and expertise 'slavery'?
The ONLY customer every doctor has IS the government ... but it costs
both the doctor and the government money in the form of 'billing' and
other administrative costs ... wouldn't it make more sense to pay a doctor
in medical school (eliminate the debt from the get go) and have them
on salary -- guarenteed salary, sick days, paid holidays, a pension plan?
all the money that does go to admin, to hiring staff, paying rent
buying equipment could instead go to salary and better working
conditions for many doctors.
When the government sets your salary based on their desired rate of pay and not what your skill and knowledge is worth on the open market, it is slavery.
The reality is that skilled, educated people can work anywhere they want. I could get another job in 10 minutes by picking up the phone and saying "yes" to the headhunters. The skilled, educated doctors can do the same thing.
As to being tied to a job because they educated you. My education is entirely due to my service in the US Military. I only owed them 5 years after completing any education they paid for. I didn't owe them a lifetime of servitude. It ended up that I loved the job and served until I was pensioned. I didn't have to do that, I wanted to.
When I started this thread, it was to point out the levels of debt our governments are carrying. All of the Health Care, Pre Secondary Education, Public Pension Plans and Social Programs are at risk because our governments do not have the money to meet the commitments we have voted them to have.
Anyone who does have an good income who is not putting at least 10% aside for a personally supplied pension is insane.
Air Canada went bankrupt twice to remove themselves from having to pay the pensions they owed their employees.
Enron isn't about to pay the pensions that they owe their employees.
Nortel isn't about to pay the pensions that they owe their employees.
It is becoming apparent that GM, Ford and Chrysler won't be paying the pensions that they owe their employees.
All of these people thought they would have a good pension when they retired. It turns out that they won't.
I strongly believe in personal pension plans that are portable from employer to employer. Your Employer, Government or Union should not be able to get at YOUR pension. They really don't know how to spend it better than you do.
