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Step 1
County should have to pay County Sales Tax (3%) on total annual Spending.
Money (Dividend) goes to every legal La Plata County resident
For Adults 18 and over the Dividend is annual cash payment
For Children (under 18) the Dividend must go into their College Savings account
Step 2
County Wealth Fund
There is a 6% deduction from the Adult Dividend
Wealth Fund Buys local La Plata County Bonds
Wealth Fund Buys Bonds a 1/2 point below Market Rate (saving $)
1/3 Bond interest goes to Dividend
1/3 Bond interest goes to LP County
1/3 Bond interest goes to buy more bonds
How to get more money
budget surplus
Salary savings
1% tax on any county employee that make more than the governor.
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