TAX CREDIT PROPOSAL©

Government & Capitalism Working Together

PROBLEM: According to the World Health Organization, distracted driving is costing developed countries across the globe between one and three percent of GDP. This figure comprises the normal costs associated with an accident including but not limited to:  property damage, fire and police dispatch, cleanup, loss of work, traffic congestion and injury costs.  What’s not in the calculation but equally if not more important is increased insurance rates, funeral costs, disability costs, and loss of life. What value does that carry?

Another important aspect to consider: one accident on any major interstate that blocks traffic and delays the work force for just one hour each week into any major city has the ability to cost that city millions of dollars. The sheer magnitude of the cost of productivity loss is enormous. This alone could throw low margin companies into the red causing notes to be called due. This cumulative effect could cripple a city. Any way you view it, loss of productivity means loss of revenue, loss of wages, loss of tax base, and loss of family harmony. Can you put a true value on that?

For illustration purposes, the following example uses facts and figures from the United States. The basic fundamental principles are applicable worldwide. No industrialized country in the world is presently exempt from the problems presented herein. If requested, we can easily cost analyze the fundamentals for any country in need.

For a country such as the United States, one to three percent of GDP amounts to somewhere between 146 BILLION and 438 BILLION dollars each year. Keep in mind this amount is a calculation for the costs of distracted driving alone! Now think about EDUCATION? I ask you, what is the cost our society bears everyday for constant and continuous classroom distraction, cyber bullying, and classroom cheating? An even bigger problem exists throughout every prison in our country. It’s a proven fact that tens of thousands of illegal activities are orchestrated every single day on contraband cell phones inside our prison walls. A recent statistic published by the CTIA disclosed more than 216,320 illegal text/cellular phone call attempts were made in less than one month from inside one single prison in Mississippi. What are the future costs to the taxpayers to solve this problem? The same prison in Mississippi spent a great deal of taxpayer money installing a Managed Access System to attempt to solve this problem. They will soon learn their solution is only a temporary fix as Ireland discovered because Managed Access does not work on Satellite & Skype phones. Hence a lot of taxpayer money flushed down the drain. For illustration purposes, the following example uses facts and figures from the United States. The basic fundamental principles are applicable worldwide. No industrialized country in the world is presently exempt from the problems presented herein. If requested, we can easily cost analyze the fundamentals for any country in need.

Add it all up: Distracted Driving plus Problems In the Classroom plus Contraband Cell Phones and you can easily come up with a staggering number well in excess of a half a trillion dollars every year. But, don’t despair. THERE IS A SIMPLE SOLUTION. A solution everyone should embrace.

ANSWER: A TAX TO ELIMINATE TAXES. You read it right. Here is the proposal. Try Safety First has developed a comprehensive protocol solution which will eliminate all the above mentioned problems and more. SEE WHITE PAPER HEREIN. The cost (or tax) of this solution is a mere $1/mo/phone tax or $12 per year. All schools, all prisons and all public transportation vehicles will be outfitted FREE of charge. Vehicle manufacturers will begin installing the $5 sensor in 2012. The insurance industry operates on one of the most competitive business models in the world. Reduced accidents means reduced claims. Reduced claims means reduced premiums. The decrease in insurance premiums alone will far exceed the $1 tax. But that’s not all! Schools will actually be encouraged to use the phone as a teaching tool since the educator will have complete control over the room with the flip of a switch. But that’s not all! The taxpayer expense currently being considered across the country to outfit all the prisons with Managed Access systems and the like will be eliminated. But that’s not all!

CORE OF PROPOSAL: A 5 to 1 tax credit: We use the low end figure (one percent) of the World Health Organization cost basis or 146 BILLION dollars for the rebate as follows. Absent these problems, our government could easily save 146 BILLION dollars each year. So, once implemented we carefully monitor the distracted driving accidents. For every 1 percent decrease in the number of distracted driving accidents we give a corresponding CREDIT or 1.46 BILLION dollars to the cell phone user up to a maximum 5 to 1 TAX CREDIT or $60 dollars per year per phone.This will help reduce all the other painful taxes currently rolled in the bill.

DO THE MATH: It will take less than a 2 1/2 percent decrease in distracted driving accidents to solve all the problems and give the taxpayer a breakeven performance. It will take less than a 12% reduction to give the taxpayer their entire 5 to 1 credit. And a 90% reduction will save the government in excess of 100 BILLION dollars every year in addition to providing a 5 to 1 tax credit plus solving all the problems.This is a solution all parties should be 100% happy with.

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1948 Miniball Ridge * Marietta, GA 30064 USA * 001-770-652-4517 * www.trysafetyfirst.com