The US Budget Issue Proposed Solution
This simple solution for America is simply US Senate Bill # xx - xxxx - xxx "monthly contribution to America fee, similar to the HOA fee (home owners association) this is paid to the United States Treasury monthly to support the social programs and the well-being of the United States of America including the United States military defense budget that provides the business environment globally for the Fortune 500 to conduct business this is a small nominal fee that's very reasonable for the benefits they enjoy. $241.7 billion monthly profit for the fortune 500. We have a $70,000,000,000 per month deficit and if you divide that by 500 each corporation month would pay a fee of $140,000,000 ($140 million). Fees would need to be calculated taking into account the profit margin of the corporation so those earning a larger profit would pay a higher % of the fee, and those with lower profit totals would pay a lower fee. If payment takes corporation to break even or negative, each will be reviewed on a case by case basis in the US Senate. The US Treasury will reach out to you with new individual account numbers for accounting purposes. In addition to that the US Senate will issues an RPF to KPMG and other similar accounting firms to conduct an audit on all departments of the US Government and bring back a recommendation for trimming 10 - 20% from their budgets. The auditing firm selected can work with the GAO, general accounting office to verify we have an accurate list of "essential services" as a needs vs. wants comparison to be presented to the US House of Representatives and the US Senate.
In 2023, the Fortune 500 companies collectively generated approximately $2.9 trillion in net profit over the fiscal year. To estimate the monthly net profit, we can divide this annual figure by 12:
> $2.9 trillion ÷ 12 months ≈ $241.7 billion per month
This is a rough average across all companies, and actual monthly profits vary widely depending on the company, sector, and seasonality. For example:
- The top 10 companies alone contributed $689.8 billion, or nearly 24% of the total annual profit.
- Sectors like Energy, Financials, and Technology accounted for 63% of total profits.
If you're curious about how specific companies or sectors compare month-to-month, I can break that down further. Want to explore the most profitable industries or companies in more detail?