Step 1State pays Sales Tax (3%) on total annual Spending.
So in
Money (Dividend) goes to every legal State f Colorado resident
So if the overall Colorado 2024 budget was $43 billion
$43 Billion x 2.9% sales tax rate = $1.247 billion
For Adults 18 and over the Dividend is annual cash payment
For Children (under 18) the Dividend must go into their College Savings account
How to get the money
budget surplus
Salary savings
County pays sales 3% sales tax
How to get the money
budget surplus
Salary savings
County pays sales 3% sales tax
Wealth Fund
6% deduction of Adult Dividend
Wealth Fund Buys La Plata County Bonds
Wealth Find Buys Bonds at 1 point below Market Rate
County Pays 1/2 of that point into dividend
1/3 Bond interest goes to Dividend
1/3 Bond interest goes to LP County
1/3 Bond interest goes to buy more bonds