Gervin: Our disabled vets deserve much better compensation
Our disabled veterans are grossly undercompensated. They’ve been asking various congresses and administrations for fair and adequate compensation since the end of World War I in 1918. That was a 103 years ago!
In 2022 a totally disabled veteran with no dependents is compensated at the ridiculous rate of $39,984.72 dollars annually. The National Average Wage Index for 2020 was $55,628.60 dollars per annum, and the median income for 2020 was $67,521.00. The per capita GDP in 2020 was $63,416.00 dollars, among the highest in the world.
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Gervin: Our disabled vets deserve much better compensation
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Letter by Phyllis Gervin of Phoenix
Our disabled veterans are grossly undercompensated. They’ve been asking various congresses and administrations for fair and adequate compensation since the end of World War I in 1918. That was a 103 years ago!
In 2022 a totally disabled veteran with no dependents is compensated at the ridiculous rate of $39,984.72 dollars annually. The National Average Wage Index for 2020 was $55,628.60 dollars per annum, and the median income for 2020 was $67,521.00. The per capita GDP in 2020 was $63,416.00 dollars, among the highest in the world.
They are only compensated for projected lost wages and not including a “loss of quality of life” payment. That is an antiquated approach to injury compensation. U.S. courts now routinely award quality of life payments in any judgment concerning personal injury cases.
Disabled veterans realize that they are being manipulated by our tax-evading elites who use campaign donations to Congresspeople in order to keep veterans’ compensation low so as to ensure a low tax rate for themselves. It is open but legal theft from the poor and disabled.
So, we can levy at least a penny tax on every dollar traded on the stock market to pay for the compensation due to our disabled veterans.
The New York Stock Exchange alone traded about 1.46 billion shares a day in 2019. There are presently 13 separate stock exchanges operating in the USA. The investor class must finally step up. This is now a national security problem.
Once our youth fully understand that should they enlist in the armed forces and subsequently be seriously injured or sickened in the line of duty then they are looking at a lifetime of near poverty and this realization among our young people will cause the armed forces to collapse quickly.
We have no right to expect our youth to make a sacrifice like this so that our elites can evade a fair level of taxation. This is downright immoral.
Act now. Pay our disabled veterans fairly starting in 2022.
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