Thursday, November 11, 2010
David Axelrod Had To Get Fiscal Commission Report Off Internet
Ok, here are my suggestions for fixing the economy.
1) A Wealth Cap - No personal fortune can be greater than 100 million dollars. Any excess is taxed at 100%. In addition, any yearly individual income greater than 10 million dollars will be taxed at 100% as well. The American people permit wealth to be created in the United States and their society should be rewarded for that generosity through the above mentioned tax structure. (Kudos to Huey Long).
2) Corporate Tithe - In order to do business in the United States every Corporation will need to pay a 40% Tithe in Tax. Corporations that employ Americans domestically will only pay a 25% Tithe. Doing Business in the United States is a privilege not a right.
3) Tariff - In order to protect American jobs and have them reconstitute domestically a tariff should be implemented on any goods or services coming into the United States, whether from Foreign Companies or Domestic Companies using foreign labor in its business model.
4) Wealth Forfeiture - Any individual or Corporation found to have circumvented the above Tax Structure though off shoring of assets will have their domestic assets seized.
US Economy Fixed.
Read the Article at HuffingtonPost
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