Franklin Delano Roosevelt brought in a graduated income tax because the rich were holding on to money resources that could have grown the depressed economy. His theory was to put people to work, and fairly distribute the nation’s wealth.
In spite of the perverted twist that Republican elites put on this historical graduated tax, a wise nation will build on this economic theory today. Assuming that the federal government could transform itself from greed-centricity (a BIG leap in illogic), using taxes on the rich to establish millions of small business garage-shop industries is the only way to prevent total economic collapse.
It’s not the national debt that’s crippling the country. Taxes on the upper 10% rich could pay down the debt in a short time. We need to empower people at the bottom with tools they need to participate in democratic industry. And it’s government that needs to “provide for the general welfare” by diverting revenue from bankers & multi-billion $ industrialists to getting “WE the PEOPLE” back on our feet.
Priority one is to train the poor & unemployed in technical skills – machining, welding, craftsmanship. This can’t be accomplished in contemporary colleges & universities, but rather in trade schools, online instruction & community workshops. The goal is to create new low-cost, high-value industries, and stem the tide of generations drowning in debt.
Once trained, and armed with tax-free small business funding, this nation could become a global force in a new democratic economy. – The final step will be to abolish ALL taxation!
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“I have sworn upon the altar of God, eternal hostility against every form of tyranny over the mind of man.” – Thomas Jefferson, letter to Benjamin Rush, September 23, 1800
The U.S. govt on all three levels has finally reached that stage of tyranny. Taxation without representation exists from the federal down to the local level – property taxes, health care taxes, taxes, taxes, taxes.
How is it that a country that fought to be rid of taxation by a foreign power is now completely overwhelmed by taxation from within?
All of us who were engaged in the struggle must have observed frequent instances of superintending providence in our favor. To that kind providence we owe this happy opportunity of consulting in peace on the means of establishing our future national felicity. And have we now forgotten that powerful friend? Or do we imagine that we no longer need his assistance? I have lived, Sir, a long time, and the longer I live, the more convincing proofs I see of this truth-that God governs in the affairs of men. And if a sparrow cannot fall to the Ground without his Notice, is it probable that an Empire can rise without his Aid?
Benjamin Franklin, To Colleagues at the Constitutional Convention
Last week I heard a news commentator painting a picture of Russia’s economic collapse, with a madman Putin dictating a dangerous future.
This flies in the face of reality & smacks of irresponsible journalism. Russia’s economy has bounced back from near collapse under former president Yeltsin to become the envy of western governments.
Strong & progressive, Russia is moving forward, ideally without utter reliance on oil & gas resources. – But they will NOT leave behind their Black Sea naval base in the Crimean peninsula.
Kruschev gave Crimea to Ukraine when I was a teenager, overriding Crimean rights. Putin is standing with Crimea – the U.S. is agitating Ukrainian political movers for its own selfish interests.
Very clearly, right-wing elements within the U.S. are rabidly going up against a very strong, very well-armed superpower – Russia. These are the real madmen. And it’s this satanic activity that’s going to hasten the cataclysmic events prophesied in the book of Revelation.