Saturday, July 31, 2010

Slightly edited version of my first letter to Obama; sent December 2008

Dear Mr. President,

Let's both sit back and appreciate this, my first personal letter to a sitting President (or any President).  Much like the millions of voters tallied in your favor, I share a general comfort in your Presidency, and may even feel at ease sharing my concerns and ideas in effort to better accomplish the ideals promoted in your campaign and of course, otherwise.  My introduction does come at somewhat of a pause, my name is Mr. Polysyllabic.  I'm just a guy, perhaps a "Joe-six-pack" without the conservative ideals regarding civil liberties or interaction.  But, I do introduce myself with as much esteem as possible and do seek to gain attention for some of my ideas, by you Mr. President. 

I live in the City of Kent, Washington.  I am 30 years old, I am married to an extraordinary woman.  I am currently employed as a dishwasher at a retirement home, but I had been employed for 5 years prior with a local publisher and daily newspaper, The King County Journal.  Laid off from that job in July of 2007, and have since returned to the industry I began my employment experience in, food service.  I know, glamorous.  My introduction also comes with some brevity, because I do also plan to author subsequent letters in the future in which I will express other ideas that I have and there I will further express details of myself. 

Aside from welcoming you to the White House from an average American point-of-view and much like yourself, I do want to get right to business. So, forgive me, I'll skip right to the good stuff.

There is word on the street about ideas of wealth distribution, of course the media and hub-bubs will focus straight on the implications of Communism, Socialism, and Marxism.  I, on the other hand, I see opportunity for someone like myself.  Being low-class in America has some merits when compared to other nations, but in the image that those whom are like myself see, we see one hand give while the other hand takes and we always have what could be considered nothing.  Those who work in employment that doesn't provide a prevailing wage, in order to own a home must pay more in interest than a person who has more opportunity to succeed. So much more interest that when compared, the person whom could be used for an example of "more opportunity to succeed" could afford to invest well into a second property with the difference.  Now, of course, that is just real estate, home ownership.  For most low-class American's owning a home is a fantasy.  It goes on and on, and you know this.

What this country needs is a formidable program that entices the highest income earners in the country to provide some wealth directly to the lowest income earners.  Such a general statement, which is always to be followed with "How?"

I have thought it over, not just in the weeks that followed your sweeping victory in the election, but in the whole 8 years that the other guy was in your office.  It just seems now that not only is an idea like mine needed, but it might be possible.  By offering top income earners an opportunity to subtract from their taxable income, an amount which I round out to be 1 Million dollars at a time, you can then "loan" those funds to a person who is a low income earner.  The low income earner would retain those funds for one year, without any access to the funds, but the funds are deposited in an interest accruing account that at the end of one year will be something like 40,000 dollars in interest that is then given to the low income earner, tax-free.  Now, the high income earner can then choose to take back the funds and incorporate it into their current years taxes, or they can keep the funds in the program for another year hopefully with additional funds from the current tax year.  Alternatively, when the high income earner wants to get those funds back they will pay the taxes on it by the figures of the year that they contributed it.

This level of wealth redistribution would significantly reduce the domestic dependence of charities, social services, and overall household debt among our poorest citizens. If this system were to function appropriately, it would be foreseeable that tax rates would decline greatly or even that more tax funds are able to be invested in education technologies, health care, and so on.

This, the first of my many ideas concerning reform of this nation's policies, is still only just a good idea. I do realize that for this to be a great idea, the low-income recipients of these opportunities will need to use their best judgment and conviction in how they utilize the funds. The decision cannot be made for them, but an assertive education campaign regarding responsible spending and investment would also be pinnacle in this endeavor.

Please consider this approach Mr. President, it may be the first in a series of steps that will re-brand this country as the greatest on Earth.

Thank you for your time, best regards.

Mr. Polysyllabic