Rise Up America is a plan that eliminates payroll taxes on the poor, middle class as well the rich by the $1.3 trillion collected every year by the government and explodes the growth of the American economy by investing that entire sum directly into our capital markets -- indexed stock and bond funds. The ownership of those funds will be vested in the individual taxpayer's name in a personal investment account .unreachable by the government, the courts, the IRS or the taxpayer during his working life. The account will compound into a million-dollar nest egg the annual income from which will be 20 times greater than presently paid monthly by Social Security. The government will guarantee that payments to existing retirees will never fall below that presently paid under existing programs. The plan will reduce the size of the American government by 40% and generate the largest tax cut in American history. As the nest egg is owned by the taxpayer he can will it to his kids.
Rise Up America is a plan that eliminates payroll taxes on the poor, middle class as well the rich by the $1.3 trillion collected every year by the government and explodes the growth of the American economy by investing that entire sum directly in...