Regardless of what has led us to our current economic conditions, we as a country must put our differences aside and concentrate our efforts on stabilizing the country now. Instead of finger pointing and laying blame to one political party or another, it is time to start collaborating on ideas to help us gain sound footing again. With this in mind, I respectfully submit the following as an idea which could possibly help us attain that goal. Your comments are most welcome.
Upon review of obligations our country currently has that will require long term tax revenue to support, one area stands out above all the rest - toxic waste cleanup and remediation efforts. The list of sites is growing ex potentially and now stands at approximately 350,000 according to the latest Environmental Protection Agency Estimates of 2009. There are so many now that they are actually implementing a 30 year plan to facilitate cleanup efforts.
Historically clean up efforts have been slow going due to the remediation costs to industry. Maybe the time has come to implement tax incentive programs for industry which would allow them to channel money into this effort. This would be a perfect time to address some of these problems and I believe the general public would be more than willing to allow a full deduction of costs to industries share in the form of tax incentives. It would solve some our jobs creation problems, satisfy the environmentalists concerns, help offset loss of tax revenue, and create a safer and cleaner environment for our people. The cleanup sites are located throughout our country so everyone would see some benefits in one form or another.
With Iraq now having signed oil lease agreements with oil companies from China, Japan, Malaysia, Russia, Turkey, and South Korea - maybe it is time to have these countries step up to the plate and provide a fair share of the military expenses we incurred which allowed this to happen. Surely we are not going to provide those countries with military protection without getting reimbursed are we? On the other hand, if they decide to provide their own security forces that would allow some of our troops to come home and we could begin training them in environmental remediation and administration that would help facilitate the clean up efforts. We have military bases in almost every state and these could serve to coordinate and oversee EPA projects.
Some of the bases scheduled for closure in the BRAC (Base Realignment and Closure) could be taken out of moth balls and used for temporary housing for workers and displaced families until our economy starts to make a rebound. The revitalization costs of the communities impacted by BRAC would be dimished somewhat and these funds could then be applied to the clean up efforts saving tax payer dollars. We have a lack of tax revenue so we have to use what is available to us until the revenue stream begins to flow again.
Just one mans Opinion