[CAFR1]

High points of the Tax Retirement Funds (TRF's)



1. 65% reinvestment into communities.

2. 15% - 20% RETURN ANNUALLY!

3. The Complete phase out of taxation of all types

4. Complete transparency of public funds- as they should have been

5. Public approval rating. 1-10 a 10!






NOTES:

• I use the 60-65% figure for reinvestment in the local communities and not 100% being that the rate of return should be the determining factor. At 65% you would have a (0)unemployment rate. Reality dictates 65% not 100%;

• The rating and a set capability for the fund managers to determine annual bonuses for themselves based on the approval rating and stable performance accomplished is a good thing. Just remember; The bigger the carrot, the harder the managers will push to accomplish the objectives.

• What will be required as a back-door safety net when all taxation is phased out; In the event returns fall to a point that jeopardizes budget requirements (highly improbable based on the exemplary performance shown over 65 years from government’s own pension fund management) , a variable sales tax would be available to meet any shortfall. If the local administration activates the variable rate sales tax, then “they” will get specific penalties to "their" sensitive areas; no bonuses, cut in pay, and continued downsizing until the sales tax is brought back to zero (0).

WELL, What the Hell are you waiting for? Make it happen in your local government! Unless that is; you like it the way it is now.