Forum Post: The core goal is structural reform: The Boston Structuralists
Posted 13 years ago on Oct. 8, 2011, 11:33 p.m. EST by OccupyBoston
(14)
from Boston, MA
This content is user submitted and not an official statement
Key points of the Boston Structural agenda:
The movement should seek to reform the inner working of our system.
Economy/Tax
-Separation of Wall street and the political system
a) A simplified progressive corporate tax structure with a scale of flat tax rates based on income. No more legislating through the tax code. Legislation through the tax prove
b) The Idea of capital markets is good in principal. The concentration of capital markets is bad in fact. Wall street should be "broken up" new capital markets should be developed in each state.
c) Excessive trading in the stock market is not investing. New regulations that promote investing and punish trading should be enacted.
Political
-Term limits on all political offices
a)2, 4 year terms for the House of Representatives
b)1, 4 year term for senators (all senators must have served 1 term in the House of Representative)
c)1, 4 year term for the President
Foreign Policy
-The movement should recognize similar movement around the world, but act separately from them. We respect the cultures of the world and their freedom to develop systems of self rule.
a) We strongly recommend the development of an exile program where those persecuted by any nation of the world are given the opportunity to leave.
b) As a movement that seeks to respect foreign cultures and national sovereignty of nation states around the world, we need to reintroduce the tariff system to balance out the inequality of foreign systems of economics and rules.
This is the start of our call. We are open to all input.
The Idea of capital markets are great. But, they have become to concentrated, just like the power in Washington. We need a system that promotes new development and new growth in new company's in the market not a 45 p/e or even a 10 p/e on the S&P 500. If you get my drift.
Implement the FairTax that abolishes the IRS, replaces federal income taxes including personal, estate, gift, capital gains, alternative minimum, Social Security, Medicare, self-employment, and corporate taxes. Image having an extra 6-700 dollars per paycheck to spend on whatever, and only paying 23% tax on new items. No tax on used items. Everybody would be paying SS and Medicare when they purchase new.
Since Wall Street greed is bad, should Hollywood be dismantaled also? Is an actress or actor worth $20 mil per episode? How about a movie that makes $250 billion world wide, yet the actors recieve no residuals since the books have been cooked to loose money? (ie: Happy Days, Star Wars)