PlainTalk Planning Releases New Video "An Idea for Broken Washington"

Online, October 22, 2013 (Newswire.com) - PlainTalk Planning released today a new video presentation entitled "An Idea for Broken Washington."

The short, 14-minute presentation summarizes the debt and deficit crisis and proposes a plan to boost employment, provide pro-growth tax incentives, diffuse tax-the-rich conflicts in Washington, simplify the tax world for closely held businesses, provide needed stability, and address a primary cause of the debt crisis. The presentation is authored by Professor Dwight Drake of the University of the Washington School of Law.

"The shameful showdowns of the last few weeks confirm that now, more than ever, we need ideas that will work for all sides, bring players together, and attack the root causes of our threatening debt and unemployment challenges," said Drake. "The total federal debt is fast-tracking to the unimaginable 26 to 27 trillion dollar range within 10 years - which translates to is over $250,00O for each householder in America and more than 16 times the total combined annual budgets of every state in the union. Both sides got us into the mess and it will take both sides, working together, to get us on a track that offers hope for the future. There is widespread agreement that profitable, closely held businesses are the key to any real improvement, but growth disincentives, instability, and planning complexities remain center stage. A plan along the lines proposed in the video would spark a badly needed, targeted sense of urgency and greatly simplify the tax and planning challenges of closely held businesses. And it's a plan that could work for both sides of the political aisle right now."

The video presentation is available online to the general public.