We can use the limitless abundance of the sun to create a universal dividend income through the design of a tax credit to serve that purpose. The solar tax credit provides a financial incentive to the solar provider. The current tax credit is a 30% investment tax credit, which is a dollar for dollar reduction in taxes. Not bad. But overly complicated. …
The overly complicated title is the beginning of the overly complicated conceptual structure to be described. As the work week is decreased to make enough work for everyone, the universal dividend income will supplement incomes. Well, I guess that wasn’t overly complicated. Let me say that again, backwards. Because it will make more sense upside down and backwards. To create …
Create value. Produce value. Universally. Sun = Life. How do we turn the energy from the sun into an income? Tax credit for solar production. Tax credit needs to create a social benefit. Have the ITC. Use it for now. Need to design a credit specific for turning solar into an income for everyone. Tax credit needs to be self-funding …
Would everyone get a dividend payment? Yeah. Sure. Probably yes. So I could buy an equity stake in the robot who is going to take my job, good … But what if I’m working? Would I receive a larger dividend. Yes. The extra funds could be used to launch a business. You could take the money, pool your money with …
Monetizing a limitless resource requires the evolution of capitalism. Making everyone an equity stakeholder evokes a new vision of society. A new vision of what it means to be a participant in the capitalist system. Reinvention? Anyone can participate by buying shares of Apple or Disney or Google. Capitalism is about allocating scarce resources. How do we manage a limitless resource? We …
SolarMethod will provide a platform for designing tax credits that are self-funding. And turning tax credits into societal income. Any technology, such as CO2 to ethanol, such as energy storage, can utilize the SolarMethod platform. Here’s a potential model for applying SolarMethod in less developed economies: The tax credit will be used to generate social benefits which lift the poor …
SolarMethod Contributes to the Transformation of Human Society…… into everything we hoped it could be.
SolarMethod uses the investment tax credit associated with solar power systems to generate supplemental income for working families. Creating an enhanced social benefit enables SolarMethod to enhance the tax benefits of investing in solar power generating systems, thus busting a move in terms of stimulating investment. Here’s the magical part. The faster we transition to clean energy, the faster we rebuild …
That’s understandable. The ongoing revenue stream created by monetizing the investment tax credit could be used to purchase shares in a REIT. Shares in a REIT produce an ongoing revenue stream. Those funds could be used to create an ongoing revenue stream from other forms of investment. Artificial intelligence may put people out of a job. What if you put machine learning …