CAFR1 NATIONAL RELEASE: FOR POSTING – DISTRIBUTION - [Link to: http://CAFR1.com/Message.html ]
|
It is Your Planet http://CAFR1.com/2001.html Tax Retirement Funds Strong points of the Tax Retirement Funds (TRF)
Pension funds pay a salary and benefits at retirement. Using the same principle, any City, County, School District, or State can implement a TRF to pay the ongoing annual Budget and taxation can be phased out accordingly. To review Pension fund management from different states (Same would be used for the TRF) but instead of a pension funds to meet salary and benifits at retirement, a TRF to meet annual budgetary expenses. LISTING OF STATE PENSION FUND MANAGEMENT Current rates of return are 16% to 20%, so with a little downsizing and consolidation into a TRF created for any little city or larger local government, taxation can be eliminated out of the picture in a very short period of time through the use of the TRF. (Government's Performance on their own pension funds) 3. Complete transparency of public funds held by government - as it should have been 100 years ago. . 4. The Complete phase out of taxation of all types . On a scale from 1 to 10: . Public approval rating: ************ 10+ Investment Firms approval rating:*** 10+ Government's approval rating ******* a 2- (Government owns and has their hands deep in the cookie jar now, so only a 2- from them.) PLEASE SEE: http://CAFR1.com/2001.html
NOTES: · INVESTED:55% to 65% in the local communities under TRF management, at 65% you would have nearly a (0%) unemployment rate. · Managers can determine annual bonuses for themselves based on performance. Just remember; The bigger the carrot, the harder the managers will focus to accomplish the objectives. · Required when all taxation is phased out; In the event returns fall to a point that jeopardizes budget requirements (highly improbable based on the exemplary performance shown over 65 years from government’s own pension fund management), a variable sales tax would be available to meet any shortfall. If the local Government administration activates the variable rate sales tax, then “they” will get specific penalties to "their" sensitive areas; no bonuses, cut in pay, and continued downsizing until the sales tax is brought back to zero (0).
.
|
