Posted 5 years ago on Feb. 16, 2012, 8:25 a.m. EST by DavidGilbert
from Tampa, FL
This content is user submitted and not an official statement
A constitutional amendment reversing the Supreme Court's bizarre rulings that under the First Amendment money is speech and corporations are people.
Real campaign finance reform with public financing of federal elections.
End gerrymandering by politicians and turn over redistricting to citizen committees.
Reduce financial risks to society by breaking up the biggest banks. Reenact Glass-Steagall. Abolish credit default swaps. Derivatives must be traded on transparent exchanges. Ban "flash" trading.
A ten-year federal program that creates over 30 million jobs rebuilding America that includes new infrastructure, a new national power grid and clean energy initiatives. Pay for it by taxing all Wall St. financial transactions at 1% raises $400 billion a year.
To create a living wage will require generous tax credits for low earners, a higher minimum wage, and guaranteed health care so that wages are not consumed by medical costs. Pay for it by ending the war in Afghanistan and reducing military spending.
Create a progressive federal tax code where the marginal tax rate is raised to 50 percent on income between $500,000 and $5 million, 60 percent on income between $5 million and $15 million, and 70 percent on income over $15 million. There should be a 2 percent annual surtax on all fortunes over $7 million. The estate tax should be 55 percent and kicks in after $5 million. Capital gains should be taxed at 35 percent. End the home mortgage deduction on first homes over $1 million. End the home mortgage deduction on all second homes. Corporations should be taxed by a variable amount based on the percentage of their payroll going to US workers. Eliminate corporate loopholes, unfair tax breaks, exemptions and deductions, subsidies, end offshore tax haven abuse.
Create better schools by properly compensating effective teachers. We should draw teachers from the top 10 percent of college graduates. Teachers should study education at government expense and receive strong professional support throughout their careers. Advocate universal prekindergarten, full-day kindergarten and extending the school day and school year.
Protect the environment by STRICTLY enforcing the Clean Air Act.
Enhance personal freedoms by repealing the Patriot Act.