Forum Post: The Whole System Needs an Overhaul!

1) Repeal Bush-era tax breaks for the top 2 percent of Americans. 2) A 5.4 percent surtax on millionaires and billionaires (A millionaire's surtax has the support of 81 percent of the American people according to NBC News and the Wall Street Journal.) 3) The U.S. government must stop rewarding companies that move U.S. manufacturing jobs overseas through loopholes in the tax code known as deferral and foreign source income.  4) Ending tax breaks and subsidies for big oil and gas companies 5) If we prohibited abusive and illegal offshore tax shelters we could bring in $1 trillion over 10 years 6) Establish a Wall Street speculation fee of less than 1 percent on the sale and purchase of credit default swaps, derivatives, stock options and futures 7) Tax capital gains and dividends the same way we tax ordinary work 8) A progressive estate tax on inherited wealth of more than $3.5 million 9) Reduce unnecessary and wasteful spending at the Pentagon, which now consumes over half of our discretionary budget 10) Require Medicare to negotiate for lower prescription drug prices with the pharmaceutical industry. (Medicare Part D prescription drug legislation signed into law under President George W. Bush, Medicare is prohibited from negotiating with the pharmaceutical industry to lower drug prices for seniors.  This is wrong) 11) Enact a robust public option or a Medicare-for-all health insurance program, we would be able to save more than $68 billion over the next decade and provide affordable health insurance coverage for millions of Americans. 12) Impose a currency manipulation fee on China and other low wage countries. China is manipulating its currency, giving it an unfair trade advantage over the United States and destroying decent paying manufacturing jobs in the process.  13) Root out the waste, fraud, and abuse in every agency of the federal government.

Look around and see the damage caused by our so-called elected officials who are suppose to be representing the people but instead their concern was pleasing lobbyists, and corporations. But the people, the hard working class of this country are the ones who are suffering for their mistakes and greed, and so are their future generations. Millions of people lives have been destroyed.. Yet those who contributed to this major destruction of American Society, continue to live unaffected by such travesty because they are disconnected from the pain they have caused. They continue to get bail outs, subsidies, loopholes, etc. They are surrounded by their constituents who are rich, unaffected and out of touch with the real America.