Copyright AmeriCareToday 2012 S o c i a l S e c u r i t y 75 YEAR FIX Economic Storm Cloud THE MONEY’S GONE We stole the money A m e r i C a r e T o d a y Endorsed by Judge Ray holbrook Dawning of a new day The significant problems of today cannot be solved at the same level of thinking we were at when we created them Annual Social Security Wage Cap Maximum Social Security Tax Rate Exempt From Social Security Tax Current Social Security Taxing Structure The more you make the less you pay NO TAX TAX The Issue: The more you make the less you pay Make $1,000,000 $106,800 Make $10,000,000 The Solution: Broaden the Social Security funding base 2011 15.18 Trillion 2008 14.37 Trillion 2006 13.4 Trillion Gross Domestic Product (GDP) 2011 5.99 Billion 2008 5.16 Billion 2006 4.42 Billion Social Security Retiree Obligations Establish an annual base line assessment - BLA Percent relationship between the gross domestic product or GDP Social Security retiree obligations for the same period of time Paid by the Plumber, the President & the CEO Eliminate the annual Social Security wage cap Percent Relationship N E W S o c I a l S e c u r I t y R e t I r e e O b l I g a t I o n s P h a s e d Out A t 2.857 % A Y e a r 14.20 % 100 % 2.857 % 1 YR. YR 5 YR 35 $1,000 $1,000 $971.43 $571.40 Social Security – Ending It To Save It Phases out NEW Social Security retiree obligations over a 35 year period 42.86 % YR 15 $1,000 $00.00 $1,000 $857.15 Social Security The ending of one era - The beginning of another Starts Building Retirement Estates Stops Creating Retirement Obligations FUTURE SOCIAL SECURITY FULLY FUNDED UNTIL THE DAY YOU EXPIRE Make $1,000,000 Make $1,000,000 Make $10,000,000 WHY WOULD I GIVE UP 2.857% PER YEAR OF MY FUTURE SOCIAL SECURITY CHECKS $8.45 Worker Owned COMMUNITY INVESTMENT POD – CIP $ $ $ $ $ $ $ $ JOBS JOBS JOBS Member Owned $ $ $ $ HERNANDO COUNTY FLORIDA Worker Owned COMMUNITY INVESTMENT POD – CIP Member Owned $ $ $ JOBS JOBS JOBS PROTECTING WORKER ICIRAs $2.6 TRILLION DOLLAR SPECIAL OBLIGATION BONDS As ICIRAs grow, the special obligation bond liability decreases LIABILITY $ $2.6 Trillion Worker Owned CONTINGENT LIABILITY COUNTY CONGRESSIONAL DISTRICT STATE ORIGINAL DISTRICT FOUNDER ACCOUNTABILITY BOARDS (ODF) SPECIAL INTEREST LOBBYIST I NEED No PROBLEM ESTABLISHING MAIN STREET CHECKS & BALANCES YOUR ELECTED REPRESENTATIVE IF IT CAN’T BE SOLD ON MAIN STREET THEN MAYBE IT’S NOT WORTH SELLING Republicans Democrats 99 % 1 % Endorsed by Judge Ray Holbrook www.aarp2.com All About the Rest of the People too Contact Jim at: jg@americaretoday.com Visit our blog; www.sobreport.com