1. Paying off the National Deficit

2. Seems impossible, right?

3. WRONG

4. We can look at this
mathematically…

5. By just doing some research
online, you can find that this
is possible

6. IF
EVERYBODY
CHIPS IN!

7. Click on the
link below…
to sign a
petition

8. OKAY

9. Here’s how
the math
works

10. According to NPR.org, last
year the government collected
$1.1 TRILLION dollars

11. This money was JUST from
individuals

12. NOT
CORPORATE

13. NOT PAYROLL
TAX

14. JUST FROM
INDIVIDUAL
INCOME TAX

15. NOW

16. What does
this mean?

17. Let’s take a look at the total
personable income made in
the USA last year

18. According to UNM.edu, the
TOTAL PERSONAL INCOME
last year for the USA was
$12,949,905,000,000

19. Or to translate,
$12 Trillion!

20. So, to recap, out
of $12 Trillion

21. Only $1 Trillion
went to the
government

22. Or
approximately
12.95%

23. Feels like it is a
lot more out of
your paycheck,
right?

24. But, most of us
get a
government tax
return

25. Which who
doesn’t look
forward to? 

26. ANYWAYS

27. TO GET BACK
ON TOPIC

28. According to BLS.gov, there is
approximately 240 MILLION
employed people in the USA.

29. That is the Civilian
Noninstitutional Population

30. OR YOUR AVERAGE JOE

31. You, and Me

32. This means, out of the $12
Trillion made every year by us

33. Out of 240 Million employed,
the average person makes
about $54,000 a year

34. Now, I don’t make that, I
make far LESS than that

35. BUT THAT IS THE
STATISTICS

36. So HERE is
where the
math comes
together

37. My idea is to
put in place a
TEMPORARY
Debt Tax

38. If we put in
place a 10%
TAX

39. Just to pay off
the deficit

40. Which is
currently over
$16 Trillion

41. And not use
this TAX for
ANY OTHER
PURPOSE

42. We would have
the deficit
PAID OFF
in 13 Years

43. Did I read that
right?

44. YES, you did.
13 Years.

45. This tax would not
affect the current
tax table

46. So, people that are
struggling
(poverty line)
would not pay this tax

47. It only would apply to
TAXABLE INCOME

48. And here’s the math if
you don’t believe me.

49. 240 Million Employed
$12 Trillion Income
10% Debt Tax =
$1,294,990,500,000
collected A YEAR

50. Or roughly
$1.3 Trillion collected
for the 10% Debt Tax

51. What is our current
deficit?

52. Over $16 Trillion?

53. $1.3 Trillion
x 13 Years
$16.9 Trillion

54. That sounds like
enough to pay off the
deficit, doesn’t it?

55. This would mean
America would be
back in the hands of
AMERICANS

56. And not foreign
countries

57. Please sign the
petition in the link
below if you believe in
this cause.

58. We only have until
Feburary 14th, 2013 to
get 100,000 Votes.

59. Thanks for watching!