John Mccombs belives in
Balancing our Economy
John Mccombs belives in
Balancing our Economy
Billionaires and corporations have hollowed out our country. While we fight for meager wages, the corporate powers with their lobbyists in Washington enjoy increased tax breaks, bailouts, and subsidized benefits while we have to foot the bill. Unfortunately, this system has existed long before Trump kicked it in to high gear, and so long as we do nothing it will continue.
It doesn’t have to be this way.
The famine mentality is not reality. We, as America, can have a strong middle class. We can have a government that prioritizes people over profit. We can work a 40 (or dare I say, 35) hour work week and have enough to afford our homes, feed our families, send our kids to good schools, go to the doctor, and have enough money left over for our savings.
Here's how:
2% tax on unrealized capital gains over $10 million
Large corporations required to have a modest percentage of their stock owned by their employees
Companies registered in the US must have a significant portion of their workforce having residence in the US
2% wealth tax on net worths over $50 million and 4% over $1 billion
No US Company worth over $1 billion can have any employee that qualifies for welfare, SNAP, WIC, etc
Companies with Unions must have a representative present on their Executive Board
Federal minimum wage to $20 with annual minimum increases in line with the Consumer Price Index
Subminimum wage increase proportional to the Federal minimum wage increase