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Bonds to specifically fund revenue generating infrastructure

Here is a link to paper written by Richard G. Little (University of Southern California - School of Policy Planning and Development) on the idea of using infrastructure projects that generate revenue to encourage investment in rebuilding the country's infrastructure.

Because the funds are invested only in projects that generate revenue, the money spent is recovered plus interest.

The focus of the paper is on rebuilding... more »

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(@billkarwin) kudos icon +

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Implement Auto Filing

Why do millions of Americans have to waste time filling out their own IRS forms, when their taxes are simple and the IRS already knows what they owe?

Amend the Internal Revenue Code to require the Secretary of the Treasury to establish a program for mailing pre-filled income tax returns to assist certain taxpayers who may be eligible for the earned income tax credit in completing their tax returns.

This was proposed... more »

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(@renesugar) kudos icon +

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CDS transactions on exchange to provide data to calculate risk

You can also use computational biology (via an algorithm similar to Google's Page Rank algorithm) to analyze the CDS relationships between companies to determine if the extinction of a company would cause the collapse of the financial ecosystem.

Stefano Allesina with the National Center for Ecological Analysis and Synthesis at the University of California, Santa Barbara, and Mercedes Pascual of the University of Michigan... more »

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(@megan.eskey) kudos icon +

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OpenTreasury v2.0: A Next Gen Opensource/OpenSocial Portal

A pilot project to build a next-gen Dept of Treasury portal for the Federal Community Cloud. The idea is to build a suite of opensocial portals, one at each Federal Agency, based on The Open Stack that will enable communication with all opensocial partners.

 

Useful Links:

http://tinyurl.com/yks78pg

http://bit.ly/cUrTv8

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(@duncan.john) kudos icon +

New Ways of Doing Business, New Tools...

Bring back TeleTax or a simplified form

TeleTax was a well rated, effective way of filing a tax return for millions of people until it was unnecessarily closed. For the majority of people, something like TeleTax or a simplified form that can be filled out on the IRS website (not some random third-party website) should take the place of the 1040EZ. It should allow the IRS to make all the calculations and send the refund/bill. Simplified processes that take less... more »

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13 votes
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