The New Stimulus Package

New Stimulus Package



The following is a proposed package to stimulate the economy faster than anything the Government is proposing now. It will cost the country less in than what they have proposed in this ala carte package that they are putting out now.



I propose that we the people of the United States stand up and make this proposal to the government.



Each person between the ages of 55 and 65, at the date the proposal is signed in to law, will receive 1 million dollars.



To qualify for this you must meet these two requirements:

1) Be a citizen of the United States of America

2) Must have proof that you have been employed for a minimum of 26 (twenty-six) years. If a spouse has not paid into social security during the course of at least 20 (twenty) years of marriage, the spouse must provide tax statements to qualify. (Any monetary assistance provided through welfare, Social Security or Disability (other than from Military service) for over 1 (one) year will be deducted from the 1(one) million before it is received.)

3) Other issues will be dealt with on an individual basis.

Requirements to receive this stimulus package:

1) Give up all present and future Social Security benefits.

2) Retire from present employment and cannot seek full time employment. Volunteer or part time jobs for less than $100.00 (one hundred dollars) per week are allowed.

3) Purchase a brand new vehicle (not used) per person-If a vehicle has been purchased with in six months of receiving the stimulus payment, and half the purchase price is owed, it does not qualify.

4) Purchase a home-purchase price must be no less than $150,000.00 per person, ($250,000.00 per married couple). If a house is already owned, the balance of the mortgage must be paid off within 12 (twelve) months of receiving stimulus package payment. (Or minimum pay off must be the same as above per person or married couple if a larger balance is owed.)

5) Health benefits must be purchased from the newly organized Health Insurance Company. All health providers will be allowed to bid for the contract for this company which will have the entire qualifying customer base. Contracts will be renegotiated at 5 year intervals and premiums cannot increase more than the agreed upon percentage. This will also include options for a life insurance policy if one is not previously purchased.

6) All IRA and 401K owned by the qualifying persons will be paid to the owners as a benefit aside from this package. The benefits will not be forfeited. All taxes from the IRA or 401K will be paid as they stand.

7) The 1 million dollar benefit package is exempt from income tax. All other purchases made from this package requirement will not be exempt from the local taxes required by each state the purchase is made in, or title transfers to the state the person resides in. For example: if the recipient purchases a vehicle in a state with no sales tax but registers it with the state they reside in that has a sales tax, all state requirements must be met.