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My Radical Agenda - RonO's Ramblings — LiveJournal

Jan. 9th, 2015 03:54 pm My Radical Agenda

For a moment, let’s pretend that I’m somehow made, simultaneously, into both the President and the entirety of congress, here are some of the radical ideas I’d have – which probably go to show how far reality has pushed me from my former libertarian-ish views.

  1. Progressive tax reform – reinstate the higher tax brackets starting at either $1,000,000.00 or $10,000,000.00 of income.  Also adjust the corporate tax and capital gains taxes so that corporations are encouraged to invest long term and pay dividends rather than raise their stock prices.
  2. A “basics” package for all U.S. Citizens, including
    • Basic education: PreK – College (4 years)
    • Basic income, paid to all citizens over 16 who are not full time students
    • Basic health insurance: no deductible, pays 80%-100% depending on purpose of visit, choice of appropriate provider (urgent care over ER), etc.
    • Basic access to housing with water and heat.
  3. Massive investment in infrastructure – repair first then maybe a new WPA
  4. Plans to reduce our dependency on fossil fuels.  This should include fuels from what would otherwise be waste products, and fuels produced in non-agricultural areas.
  5. Reduction of military involvement in training and direct action in foreign countries.  Retrain them to be ready to perform humanitarian missions, including rescues of persecuted groups.
  6. Ensure that the military has the equipment it needs – but only what it needs, not what congress decides it needs.
  7. A more open immigration system, and an expedited asylum system.  Immigrant parents of US citizens should also get the basics package until their child is independant; by which time they should have had enough time to become naturalized citizens in their own right.

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Date:January 10th, 2015 03:36 am (UTC)
All of those sound good to me. I'd suggest that you should have more progressive rates at both $1m and $10m. I don't want confiscatory 98% rates, but the structure we have now is too flat. Most of the people who are proponents of flat taxes haven't a clue about how progressive tax rates work.

My grandparents' generation through the government taxed themselves more and spent more (inflation-adjusted) on public infrastructure. Not for nothing were they the "greatest generation." I really feel like I've been living through a Going Out of Business Sale for the Baby Boom, as they foolishly fritter away the inheritance from their parents and say, "Who cares about tomorrow? I won't be here so it doesn't matter."
Date:January 10th, 2015 10:37 am (UTC)
I don't know if this currently already is so, but - suggesting, for gathering taxes put in the calculation "Everyone who has citizenship of the United States has to pay taxes to the Unites States, regardless of where he lives in the world or where his business is. For businesses: Every business that has a division operating in the United States must pay its taxes for this division to United States, regardless of where its mother enterprise originates from and where it pays its taxes otherwise. Enterprises operating in the United States and making profit out of the means of the United States (goods, resources, customers, workers, etc.) must return something of these means in order to keep these means running."
And something that should also be added, but I have no clue how to articulate it in practical: Tax evasion can't be made by investing money into private foundations. Only donations to public goods or goods who cause a significant use to the public and the citizens are free from being taxed. But also as well, they can't be returned by a tax refund.
Actually, all kinds of tax refunds need to be cut (except if you really paid too much). No refunding of costs for material, workers or anything you need to produce in your business as well as donations. Donations are donations, they're gifts - you personally also don't reclaim or get your presents back you once gave to someone.
(Realizing: Actually this goes for most of the states of the Western hemisphere...)