using sunlight to create an income for everyone.
the more income which you generate, the greater the percentage supplemental income you receive.
work harder.
use your capital to create new businesses.
and new jobs.
using sunlight to create an income for everyone.
the more income which you generate, the greater the percentage supplemental income you receive.
work harder.
use your capital to create new businesses.
and new jobs.
The Biggest Big Idea >>>
[Solar energy is a resource generating a universal basic income.]
Develop solar energy into a resource that provides a universal income.
The income is paid for by a tax credit that is used to make the economy bigger.
The income is derived from a tax credit that stimulates economic activity which expands GNP and generates positive net tax revenue.
A tax credit which turns the wheel to make the economic pie bigger.
Solar Energy is a resource that provides enough energy every hour to provide all our energy needs for a year.
SolarMethod is not talking about a future of free energy.
SolarMethod is about generating a growing, universal income as we monetize the sun’s energy. Possible because monetizing the sun’s energy expands the economy.
We pay for energy. The universal basic income comes from the economic growth, which is a function of energy use.
Tax credits and monetary growth.
Linking tax credits and monetary growth creates the basis for self-funding tax credits. Tax credits are not a zero sum calculation. That would be unsustainable. The tax savings resulting from tax credits are monetized by SolarMethod and donated to a 501(c)3.
The 501(c)3 acquires shares in a publicly traded company, such as an equity REIT and conveys those shares to working households. REITs generate dividend income for shareholders. Equity REITs leverage assets, thus expanding the money supply. As the money supply expands, tax revenue grows. Federal taxes currently net 18.1% of GDP. Due to the velocity of money, currently 5.71, a $1.00 increase in the money supply results in tax revenue of $1.03.
An equity REIT with leverage of 50% will generate $1.03 in tax revenue for every dollar in tax credits issued.
An equity REIT which has a debt equity ratio of 33.4% will generate $2.06 in tax revenue for every dollar in tax credits issued.
And so we fund a universal basic income which grows as the economy expands.
A tax credit is self-funding when the concomitant economic activity (generated by the tax credit) results in tax revenue which exceeds the tax credit.
How:
Use the tax credit in a way that increases the money supply.
Now the velocity of money takes over.
Federal tax revenue is approximately 18% of GDP.
GDP = money supply multiplied by the velocity of money.
Every dollar increase in the money supply is multiplied by the velocity of money.
Velocity of M1 is 5.74 (variable by time of year).
18.1% of 5.74 = 1.03
Federal income tax, state sales tax, state income tax (in some cases)
Use this method to transition to clean energy.
Use to create tuition free education.
Look at Solar.
1. Because the ITC gets invested in an equity REIT,
2. Collect tax revenue from the increased economic activity.
M1 is a metric for the money supply of a country and includes physical money — both paper and coin — as well as checking accounts, demand deposits and negotiable order of withdrawal (NOW) accounts. The most liquid portions of the money supply are measured by M1 because it contains currency and assets that can be converted to cash quickly. “Near money” and “near, near money,” which fall under M2 and M3, cannot be converted to currency as quickly.
BREAKING DOWN ‘M1’
Using M1 as the definition of a country’s money supply references money as a medium of exchange, with demand deposits and checking accounts the most commonly used exchange mediums following the development of debit cards and ATMs. Of all of the components of the money supply, M1 is defined the most narrowly. It doesn’t include financial assets like savings accounts. It is the money supply metric most frequently utilized by economists to reference how much money is in circulation in a country.
Free college
The self-funding tax credit.
A company funds a student. The company gets a tax credit.
The tax credit is monetized.
Funds are donated.
The funds are used to buy shares in a private equity firm which buys a business, which employs students.
The private equity firm would use leverage of 2:1.
Borrowing, increase in the money supply, money created is on the ‘Eduction Standard’.
Tax revenue generated would fully offset the cost of the tax credit.