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create a $300 billion per year carbon tax and place it into SSI investment accounts for all newborn children every year

Created by S.R. on October 23, 2011

A carbon tax Proposal
There are several ideas that could lead to economic growth using any future carbon tax, and reduce the deficit. I propose to off set the percentage of GDP of the national dept with a social security sovereign wealth fund fueled with a carbon tax invested in the market.
A proposed SSI investment trust fund for all newborns starting in a year “zero”
It is an idea phased in over many decades. The carbon tax is placed starting at a start year into all newborns of that year. All newborns in subsequent years also receive this initial investment. The social security trust fund invests the funds as any pension fund would in stocks and some bonds.
$ 200,000,000,000 divided by 4,000,000 live births =
$50 000 for each new born. over $1 million per person @ 60 years of age

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