Solving the Job Crisis
While you were out
“The primary problem the debt deal will solve was a problem Congress had created for itself. But perhaps there was some relief in concocting a crisis we could actually solve. Because now that it's done and we have almost finished patting ourselves on the back for, as the Onion put it, achieving "the not-so-great things that can happen in Washington when both parties barely come together and agree to not really accomplish anything," we're left with the problems we do have, and can't seem to solve. We're left with the jobs crisis.”
While the Senators and Representatives, and the President for that matter have all left town, Congress is taking a summer break. I wonder if they would mind if I continued to work their business for them.
Right off the bat, I want to help seniors on Social Security who have been terrified that they would not get their checks this month. I don’t know many seniors that trust their government anymore. Here is something the government can do that will also benefit commercial development.
Legislation: Tax Break for Senior Discounts
I am not talking about the 20% discount on Thursday from the grocery, though we appreciate that.
Premise: If we can reduce the cost of living for retired seniors, we can contain the cost of Social Security.
For all commercial property owners that rent to seniors, if they offer significant discounts they get proportionately significant tax breaks on property income. The baseline for determining discounts is the average cost of rents in specific areas.
Following the big ticket item, all senior discounts should result in tax breaks for those offering them.
The legislation must define the accounting mechanism for accomplishing this.
This is a boost to providers and seniors as well as the nation.
Legislation: Job Creation
No taxes due to income earned from loans to entrepreneurs.
How about that?
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Chicago, Illinois, United States