Sales Tax, Wealth Equity Tax

Image via WikipediaThere are right wingers claiming close to half the country does not pay any taxes. But everybody pays the sales tax. When you buy potato chips you are paying the sales tax.

Instead I think there is an urgent need to introduce a wealth equity tax. As soon as a company's valuation exceeds a billion, the American people end up owning 10% of it. That should be the arrangement. The US federal government would represent the American people. This would apply to all corporations whose market value might already exceed a billion.

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The Conversation Is The Revolution

Tahrir Square In America
Occupy America

Democracy in America is ripe for a quantum jump. Total campaign finance reform has to be enacted in America. Because democracy is meant to be one person one vote.

Turning a dictatorship into a democracy is a quantum jump. There are parallels.

Both involve congregating. Large masses of people congregating.

When a country is already a democracy like America is, violence will not be seen. Most disruptions will also be avoided. The message takes some time to gel, and even then stays evolving.

So far the Occupy Wall Street movement has exhibited an amazing mastery of social media. Actions are piped out. Voices come streaming back in. There is conversation.

That conversation itself is the revolution. It has to last many months.

Until fundamental change is brought about to the very fabric of this democracy people have to stay put. Total campaign finance reform, universal health, universal, lifelong education.

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