Implement the new monetary Paradigm of Strategic Gifting. With a 50% Discount/Rebate policy at retail sale and a $1000/mo. Universal Dividend why would we need the payroll taxes for welfare and unemployment insurance?

If the government is monetarily sovereign, which it is, and a 50% Discount/Rebate policy at retail sale transformed chronic erosive inflation into beneficial price and asset deflation, then why would the government have to worry about inflation and continue to create any new money for any deficit as interest on treasury bonds? So federal tax rates could easily be reduced. And, as treasury bonds are actually payments to the private sector, the interest paid is actually a part of GDP and not really the big problem neo-classical theorists and libertarians think it is what we should do is just create the money to cover any deficit…with just the kind of money that doesn’t create additional cost, that is, GIFTED money.

Finally, in order to mitigate the large increase in consumption why not introduce a sliding scale percentage of gifted money be required to be “taxed” and invested in 5-6% Eco-Energy R & D treasury bonds? That way the interest is universally democratized instead of being almost entirely going to the banks and already wealthy individuals, and because its GIFTED money being “taxed” its actually a GIFT of investment as well as a rational action toward confronting the energy and ecological crises that are looming up at us.

Just examples of Strategic Monetary Gifting being ALL UPSIDE.