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Financial Model

Financial Model

How will we pay for all this? Some numbers to share for skeptics:


165 million workers in the USA.



This equals $18.16385 Trillion in taxes.



That leaves $2417 left over for all 330 million Americans.



New budget adds $662.6551billion to it every year.



$98 trillion in private wealth is held in the United States. 



This leaves us with 20 trillion extra for fixing the immediate problems of climate change and global malnutrition/poverty. 


It will cost $175 billion for the next 20 years to end poverty worldwide. $265 billion per year to end world hunger. Without even using the $20 trillion extra we have enough in the new budget to do this & still have over a $1 trillion extra in our budget each year. This would make America the humanitarian superpower of the world and go a long way to undo the damage we have inflicted on the planet with our imperialism & environment destroying policies. It would also improve our reputation & keep us safer. People are less inclined to want to hurt you if you are feeding them rather then bombing them or backing coups in their country. Food for thought.



This is how you can pay for everything without even using Modern Monetary Theory (which can still be used to fund additional programs immediately). We have enough wealth to do everything. Full employment, end poverty, free healthcare, medicare for all, quality education all of it. Anyone who tells you we can’t, you can show them this as an example of why we can. Now these numbers aren’t exactly how things will shake out. Some will get $26/hr others $33.50/hr & so on. Still it shows what is possible with the will behind it. 


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