Kamen response to crisis: A little lunacy

YOUR COMMENTS

Lyn I mentioned your great idea dealing with daycare on my myspace.com website and I say it comes from you. You may find it by typing stremsky on a search engine.

I hope 2009 will be a great year for you.
- Ken Stremsky, Manchester, NH

Lyn thanks for writing.

I am going to mention your idea on my myspace.com website and say it came from you.

I think it makes sense for the federal government and state governments to allow people to write off the entire cost of their day care costs. If the federal government and state governments reduce taxes on daycare businesses, they could pay their employees more and possibly reduce their prices.

If you stop taxing savings and investments, Americans and foreigners who have money are more likely to invest in our country and create jobs. Savings and investments are how jobs and economic growth take place over time. Are the results immediate? No

I think it makes sense for many state governments to reduce sales taxes.
- Ken Stremsky, Manchester, NH

"unleash human potential by not taxing interest from savings accounts, dividends, capital gains, and estates"

How about unleashing human potential by allowing me to write off the entire portion of my daycare costs as opposed to the fraction allowable under current U.S. tax law. Maybe that would allow us to pay our daycare providers a little better who could in turn pay their employers better.

It sounds nice and all your idea about not taxing savings accounts, dividends, capital gains, and estates but at this point, how many people do you think have the luxury of those things? These are old ideas and Dean Kamen is right. The Wall Street shell game doesn't work. In my granny's terminology, that dog don't hunt anymore. We need an effort that is a little more grassroots than this. Putting money in the pockets of the folks that most need it and have the least tax relief is a good place to start.
- Lyn, Manchester, NH

Going off of Jeremy's comment -

FIRST inspires students to go on to science, math, and technology. They inspire students to come up with solutions to the problems we face everyday. Renewable resources, faster technology, enabling the disabled.

Sports inspire students to go on to play in college and dream to make it big (although only a small percentage ever does), dribble a basketball, throw a football, and serve as entertainment for the world.

And yet some school districts and towns around the state still don't even have a clue what goes on with FIRST and their own school teams because they're more interested in making sure their sports teams are looking good and doing well and get whatever they need for them to "succeed" which is merely obtaining a trophy at the end of the season.

"It's time to get back to basics and invest in serious projects that will create serious wealth."
- Stacey, Londonderry

Great write up of the event. It's exciting that almost 200,000 students around the world participate in FIRST whether in the FIRST Robotics Competition for high schoolers or some of the lego programs which are for ages 6 and up. FIRST is a dynamic program that inspires students to go onto math, science, and technology - all based in Manchester, NH.
- Jeremy Hitchcock, Manchester

Allow me to try to clarify this argument, not tax for these great necessary programs as mentioned in the previous post where the money is plentiful and wont have much impact to someones ability to live, but tax for these very needy worthwhile programs down in the lowest parts of the middle class where that money is going to pay for mortgages, heat, insurances (if so lucky), and other personal needs just to stay alive. Sounds like a great idea to me. (yes sarcasm)
- steve, concord

Mr Kamen certainly is an unpresuming man . He's got the wealth and isn't afraid to spread it around for the good of society in general . The students he deals with are lucky indeed . Hopefully they will do the same someday , if not through money then mentoring .
- Lew, Manchester

Thank you Dean Kamen.

A lot more wealth would be created and a lot more problems would be solved that would help reduce poverty if governments would unleash human potential by not taxing interest from savings accounts, dividends, capital gains, and estates. Individuals and businesses would have much more incentive to invest in poor parts of our country and other parts of the world.

Businesses and governments may want to create FREE education websites that have top teachers, top students, and others from many countries teaching k-12 courses, college courses, graduate school courses, and other things via video, notes, and other things. The teachers, students, and others could be compensated. Inventors could discuss how they came up with their inventions.

Businesses and governments may want to spend a lot more on libraries.

Businesses and governments may want to spend a lot of money on cooperative education programs in junior high schools, high schools, colleges, and graduate schools so that students may obtain experiences similar to what students at Northeastern University obtain.
- Ken Stremsky, Manchester, NH