Welcome to
Health, Wealth & Happiness!
Please Subscribe to our Newsletter to get cutting edge information:
Signup
Remove
Do the Math.
Why Ron Paul as President Will Make You Money
Note: Ron Paul wants to end all income tax. Currently income tax provides about 40% of the governments income. This money can come by bringing ALL troops home - including the 60,000 still left in Germany from the Second World War. That would save around one trillion dollars a year.
The Nolan Chart's Michael McDonnough wrote about Ron Paul and why he's the only smart vote:
"Do the Math. Why Ron Paul is the Best Choice for President"
Total withholdings on $280 per week $7 per hour wage earner.
Federal Tax $27.17
FICA $17.36
Medicare $4.06
That leaves this worker only $231.14 take home pay and if this worker works like most then he is going to put in at least 50 weeks in a year for an annual take home pay for this worker of $11,557.00 If this worker votes for Ron Paul for President and then had the nanny state off his back and could keep his little contribution what would it mean to him. It would mean an extra $2,443.00 that this worker could have held onto and perhaps saved for a down payment on a car or other items. This money likely would go into the local economy. There are lots of wage earners in this nation and they can all vote by the way.
In an area with say 500,000 wage earners residences which is pretty typical of the medium US city, and the median annual household income is let's say $35,000, and if Ron Paul was elected President that would mean that each household would have an extra $4,939.92 that would likely go into their local economy or saved in their local bank. That would mean that this medium US city of 500,000 wage earner households would have an added $2,469,960,000 injected into their local economy annually. That is a big number.
That gives you an idea of the power of Ron Paul's ideas. If we can opt out of this wasteful centralized federal payroll taxation system it would inject billions of dollars every year pumped into the local economy in every city of every state in the nation. Every little city of 1-2 million people would have an added annual income in the billions of dollars.
What could it do to your little city if it had an extra 2 or 3 billion dollars to spend on your own city and your own people every year? How many new businesses would it create? Perhaps your city could repair its own roads and bridges. Perhaps it could build a new airport to deal with all the new business created by all this extra local money.
That is the power of Ron Paul's ideas as applied to this nation. Billions of extra dollars annually for every little to medium town and city and more like extra 10's of billions of local dollars for every major city in the nation.
