If ever the United States needed a powerhouse economic ‘reset,’ that time is now…
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A Major Upgrade – June 2020:
The Leviticus 25 Plan activation period is slated for the 5-year period beginning in 2021 and ending in 2025.
1. The Leviticus 25 Plan – Each participating U.S. citizen will receive a $60,000 deposit into a Family Account (FA) and a $30,000 deposit into a Medical Savings Account (MSA).
All U.S. citizens are eligible to participate, contingent upon agreement to specified recapture provisions.
These general provisions include:
– Waiving all federal income tax refunds for a period of 5 years.
– Waiving all benefits from means-tested welfare programs, income security programs,
SSI, and SSDI claims for a period of 5 years.
– Enrollees in the Medicare, VA Healthcare system, Federal Employees Health Benefits
(FEHB), and TRICARE will be subject to a $6,000 deductible for primary care and outpatient services annually for a period of 5 years. (See full plan for more details)
Primary scoring assumptions:
The Plan assumes an 80% participation rate by U.S. citizens. Wealthier Americans would choose not participate, due to the comparative benefit of income tax refund amounts. Many individuals of lower socio-economic sector would also choose not to participate, due to the comparatively high benefits profiles that they would not wish to give up.
The Plan assumes that participating families would use significant funds to pay down / eliminate debt, and that these longer-term, lower debt service obligations would enhance the financial security of participating families for several decades beyond the opening activation period. Federal, state, and local government entities would benefit from longer-term tax revenue growth and reduced citizen dependence on government-based entitlement program benefits.
The Plan assumes that dynamic new efficiencies would emerge in the healthcare system – with more families managing/directing healthcare expenditures through their MSAs.
The Plan assumes that apart from the recapture provisions, there would also be significant tax revenue growth for federal, state and local government entities from free-market economic revitalization, more people working and paying taxes, and from the elimination of various income tax deductions (e.g. mortgage / HELOC interest expense).
The Plan assumes that there would not be a massive full-scale move back into the means-tested welfare programs, income security programs, SSI, and SSDI at the end of the initial 5-year activation period.
The benefits of a free-market economy and newfound economic liberty for American families would provide positive economic inertia throughout years 5-10, and for several decades beyond.
Recapture provisions would provide an estimated substantial federal budget surpluses for each year of the initial 5-year period. Economic growth over the following 10-15 years would generate sufficient recapture funding and tax revenue growth to offset the entire initial Federal Reserve balance sheet expansion.
Significant inertia from The Plan would also provide on-going, market-based growth benefits over succeeding years that far exceed any prospect for healthy economic growth that may be expected under America’s current big-government, central-planning approach.
Dynamic benefits would be generated from:
– Massive liquidity gains and debt reduction at the family level.
– Immediate, sweeping reversal of government “central planning” approach.
– Major reversal in work disincentives embedded in social welfare program structures.
– Economic growth, improved productivity and job creation.
– Stabilization of housing market.
– Strengthening bank capitalization.
– Minimizing the role of government in managing, directing, and controlling the affairs of citizens.
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The time is now.
The Leviticus 25 Plan – An Economic Acceleration Plan for America
$90,000 per U.S. citizen – Leviticus 25 Plan 2021 (3677 downloads)