Caribbean Books introduces Patriots Vote for Guaranteed Medical and Full Salary Retirement" by Jim Johnston. Promising the aging a guaranteed income retirement commensurate with their life style of today
New book presenting unprecedented and far reaching ideas of economics . A revolutionary medical and retirement plan for the common worker that unburdens the government and the employer.
(PRWEB) May 2, 2004 --In this book, the primary objective of the author is to make Americans aware of the message contained in chapter 12. This chapter describes a proposal now before congress that may provide full salary retirement income to those who retire under this plan and in the process save Social Security and Medicare.
The problems of concern to Social Security and Medicare are projections; it is projected in the very near future these social programs will not have sufficient income to support the benefits that must be paid to future recipients.
The solution is simple, either increase income or reduce projected future recipients and the plan described in the book reduces future recipients by offering retirees full salary retirement income in lieu of benefits paid from these social programs.
The plan is paid for by the employers and while paying for this plan the employers convert 40% of their current payroll expenses into new taxable net gain and most importantly the employers separate payroll reliance on the companys gross income.
By separating payrolls reliance on gross we find that no longer is it necessary for American companies to send American jobs to a foreign soil in quest of a cheaper labor force.
Under the plan, an employee is eligible for retirement after twenty years of continuos work service no matter what their age may be and at retirement the employee must sign a waiver that would waive all their benefits from Social Security and Medicare.
Once this waiver is signed the employee no longer has to pay into these social programs this results as a pay increase to the employee at retirement.
Now let us examine what has taken place here, the plan has substantially reduced the retirement age, created a stronger buying public with full salary retirement income, provided more income to the IRS, placed Social Security and Medicare in a more financially solvent condition and all paid for by the employer.
We keep American jobs in America for Americans.
Patriots Vote for Guaranteed Medical and Full Salary Retirement" will soon be available at Barnes & Noble, Amazon, and your favorite book store by order.
Contact Publisher: Caribbean Books, literaryandpublishing-caribbeanbooks@yahoo.com
Contact author: Jim Johnston (425) 355-1952
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