Sunday, October 11, 2015

How to give it all away . . .

Let's face it here and now: The United States is a horrible place to live if you want to live a moral life in the year 2015. (A bold statement not intended to win friends, but instead intended to get the reader's attention.) Our country picks fights, manipulates markets, and bullies the world with it's might, and does the same thing to its own people. Corporate America has the upper hand and not much happens here except that which is allowed by our oligarchical overlords. Not many people on Earth like our government, but most like our people and wish they were us (even though some of us are not very likable). It is the people of the United States who will decide whether we will continue to proceed as bad actors in the world or become what were once were. And the people of the United States are essentially good heart-ed and full of good will, and have always been that way. SO what has this got to do with our desire to give it all away? Simple!

The tax laws we work under are set up to allow a great many things which can be good for the world, or bad, depending on your ultimate goals. There is within this tax system mechanisms which allow us to give away a certain amount of profits. This amount is a balancing between keeping all the money and paying a tax on it, or giving away as much as you can without going past the amount you would be allowed to keep. So the idea is that we will make all of the money we can, but give every dime away by paying people too much and donating any other excess production to worthy people and places. This should allow us to maintain the good life while doing all the good in the world that the tax law allows. But our idea doesn't stop there.

We think we can extend this good will past our retirement if we can give the farm away to other people. So what we think might happen is that we will find some other couple to give the farm over to and take as our retirement a share of the ongoing profits, but not the capital wealth of the farm. These new farmers will enjoy the benefits of their new lives just as we did and retire after ten years with their own share of the ongoing profits, then find another couple to run the place, etc . . .

I know it sounds far fetched. But it could happen if the stars align, God wills it, or we all get lucky.

But this idea brought me to another, and another, ad infinitude.

What about the employees? Don't they deserve better treatment than the modern American employment model can give? Well certainly they do.

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