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Category Archives: Investments

The goals of the U.S. Socialist party

THE FREEDOM SOCIALIST PARTY IS a revolutionary, socialist feminist organization, dedicated to the replacement of capitalist rule by a genuine workers’ democracy that will guarantee full economic, social, political, and legal equality to women, people of color, gays, and all who are exploited, oppressed, and repelled by the profit system and its offshoot — imperialism.

FOR REVOLUTIONARY INTERNATIONALISM The working class is international and bound by global abuse. It must liberate itself through socialism. We support revolution on all fronts and seek to transform it into world socialism, which alone can defeat capitalism. We stress that global democratic struggles — for national liberation, for race and sex liberation — are inseparably bound up with workers’ struggles in every country, and can ultimately achieve victory only in conjunction with international socialist revolution.

FOR UNION DEMOCRACY The working class has the strategic power, numbers, need, and opportunity to effect a socialist transformation of society. But first the trade unions must be freed from the stranglehold of the class-collaborationist bureaucrats and from dependence on the twin political parties of big business. Internal union democracy, class struggle principles, independent political action in the form of an anti-capitalist Labor Party, and an end to internal racism, sexism, and heterosexism are on the order of the day.

FOR RACIAL/NATIONAL FREEDOM The struggles of oppressed minorities and immigrants against bigotry and intensified exploitation objectively challenge the basic core of the capitalist system. The resistance of people of color and immigrants, who suffer a dual oppression, spurs all other sectors of the working class to advanced political consciousness and militancy. We stand for immediate and unconditional economic, political, and social equality for Blacks, Chicanos, Asian Americans, Native Americans, and Puerto Ricans, and endorse the demand for self-determination by oppressed and indigenous nations the world over. We advocate the collaboration of organizations of people of color with the revolutionary movement as the most realistic and historically validated alternative to the dead ends of separatism or reformist integration. The revolution depends upon massive involvement and leadership by people of color.

FOR WOMEN’S LIBERATION We organize for the total emancipation of women on every level of life. The multiple afflictions of women — as an oppressed sex, workers, people of color, lesbians — propel them into militancy within every social movement, thereby laying the basis for unifying all the mass movements. Women, particularly workingclass women of color, are playing an increasingly vanguard role, thanks to the rise of the autonomous women’s movement and women’s caucuses within unions and all political parties.

FOR LESBIAN/GAY/BISEXUAL/TRANSGENDER EQUALITY The revolt of sexual minorities against sexual repression and sex-role stereotyping is a key ingredient of the fight for women’s equality and is equally revolutionary. Revolutionary socialism is the logical road for lesbian/gay/bisexual/transgender people who stand apart from the bourgeois nuclear family and who wish to end the long, bloody centuries of persecution and terror. Because of their special oppression, lesbians are a particularly militant component of all social movements.

FOR UNIVERSAL HUMAN RIGHTS Among the most hapless and vulnerable victims of capitalism are children, elders, the disabled, and prisoners — anyone who is not a profitable worker. We demand a world where all people have the inalienable right to security, care, love, and unhampered opportunity and growth.

FOR ENVIRONMENTAL SANITY The world’s natural riches must be used and safeguarded by the people, not by the corporations that exhaust resources for profit and destroy worker safety and health. Nuclear energy threatens to maim or annihilate future generations. Technology must be used wisely and humanely to preserve the earth and its creatures.

FOR A MASS WORKINGCLASS PARTY History has proven that only a thoroughly democratic and centralized vanguard party can lead the proletariat and its many allies to power. The FSP, a product of the living tradition of Marx, Engels, Lenin, and Trotsky, aspires to become a mass organization capable of providing direction for the coming revolution. Through independent growth, revolutionary regroupment, and other forms of fusion, we are confident of our eventual merger with the dynamic masses who will sweep every obstacle out of their path and ascend to the socialist future.

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A new New Deal

Infrastructure

The bridges, roads, schools, airports, ports, dams, waterways, energy system , and our aviation system all need to be upgraded. This is fact; if we don’t do this we will be economically un competitive.  We need schools that are safe, energy efficient, and structurally sound. We need airports that are safe, and energy efficient, and an aviation system that efficient for the air traffic controllers and the planes that navigate this system. Right now planes have to criss-cross the country from one satellite beacon to another. Doesn’t it make sense to have one system that allows the plane to travel one straight course? This is why we need to invest in infrastructure. We need bridges that won’t collapse. Every investment we make will create jobs. America is falling apart, and we can’t keep letting our infrastructure fail and crumble away.

Why invest now?

  • Low interest rates: Right now interest rates are at near zero rates, so any money we borrow will cost little to us to pay back.
  • Jobless recovery: Right now we need jobs! Infrastructure creates jobs because construction workers will be paid to improve the roads, rebuild schools, or rebuild an air traffic controller tower. Construction worker need jobs! Every person who can find a job will take it.
  • Low impact of deficit: infrastructure spending adds to the debt once in a lump sum type of payment. This spending won’t add to the deficit over the long-term.
  • Economically competitiveness: Many other developing country are spending more in intrastructure than we are. If we have bad roads, bridges, and aviation system who’s going to want to do business with us?

The People’s Budget: Porgressive Causcus’s FY2012 Budget

Putting America Back to Work and Restoring American Competitiveness

  • Education

In addressing the nation’s long-run fiscal challenges, investments in education enhance the long-term growth potential of the economy by investing in the skills of our present and future workforce. The nation’s human capital can be increased in many ways, including through formal and informal education, experience gained over time on a job, and training in the workplace. Front-end investment in Pre-K, K-12 and higher education is the most important contribution we can make to our economic growth in the long run. A more skilled workforce can produce more, and higher-skilled workers tend to earn higher wages.

  • Transportation

Rebuilding our highways and waterways will create jobs in the short term and is at the heart of our international competitiveness in the long term. Our budget dramatically increases transportation outlays through a surface transportation reauthorization bill as outlined in the president’s 2012 budget request.

  • Infrastructure

The new Infrastructure Bank will provide loans and grants to support individual projects and broader activities of significance to our nation’s economic competitiveness. For example, the IBank could support improvements in road and rail access to a West Coast port that benefits farmers in the Midwest, or a national effort to guarantee private loans made to help airlines purchase equipment in support of the Next Generation Air Transportation System (NextGen). A cornerstone of the IBank’s approach will be a rigorous project comparison method that transparently measures which projects offer the biggest value to taxpayers and our economy. This marks a substantial departure from the practice of funding projects based on more narrow considerations.

  • Energy Independence

With only 3% of the known oil reserves in the world, the United States cannot become energy independent or measurably affect the world price of oil simply by drilling more within our borders. We need to set loose the clean energy industry that is ready to take hold if we make the public investments in transportation and storage. Our budget will unleash American ingenuity and talent to build a new clean energy economy in which the United States will regain its rightful place as a world leader, move energy independence and address our global warming challenges.

  • Housing

The middle of a historic recession and a “jobless recovery” is not the time to cut support for affordable housing. Investments in housing are one of the most potent job creation tools we have, because every dollar invested in housing creates two dollars and twelve cents in additional economic activity and induces as much as seven additional dollars in indirect economic activity. Providing housing not only reduces the rate of homelessness, which costs state, local and federal governments tens of thousands of dollars for every homeless family, but provides the vital backbone for creating long-term economic viability for every family in America: a place to call home.

http://cpc.grijalva.house.gov/files/The_CPC_FY2012_Budget.pdf

 

What the “Super Congress must do; for Progressives

1. Create an economy that creates atleast 300,00+ jobs per month.

2. Create and economy with a minimum 4% increase in GDP growth rate.

3. Allow all Bush tax cuts to end.

4. Means test Medicare, and Social Security.

5. Add a 4.5% surtax on individuals making above 250,000 to help pay for entitlement programs.

6. Increase the negotiating power of the federal government on healthcare.

7. End too big to fail, and trust bust too big to fail corporations.

8. Add a tax on risky financial tools; such as derivatives and credit default swaps.

9. Enact a public option.

10. End the corporate loopholes that allow some businesses to pay nothing in taxes.

10. Put in place a cap-and-trade programs that forces the private sector to innovate.

11. Enact the Congressional Reform Act of 2011.

12. Force corporations to bring back foreign profits, and use those profits to fund the rebuilding of America.

13. Reform the financial institutions that brought as to where we are today.

14. End NAFTA, and bring the jobs home to America.

15. Repeal of the Citizens United case.

16. Enact malpractice reform.

17. End the wars in Iraq and Afghanistan.

 
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Posted by on August 11, 2011 in Budgets, Debt, Fairness, Health Care, Investments, Taxes

 

Why the stimulus helped America

The Recovery Act wasn’t a big package of spending that was wasted; this package saved America from another Great Depression. This package included spending in education, clean energy, health care, infrastructure, and tax cuts. And estimated by the non-partisan CBO this act created 1.6 million jobs. The Right wing political pendents who claim the Recovery Act wasted money are flat-out wrong. The recovery Act prevented thousands of teachers from being laid off by giving money to the state to finance education. The act provided money to scientists and researchers to progress science in America. Also, the act invested the largest amounts ever in clean energy, and America’s crumbling infrastructure. The Obama administration even produced Recovery.gov in which every tax payer could see where funds were going; every single dollar.  When the private sectors lacks demand for its services the federal government needs to step in to produce demand, and demand increases creates jobs. For all you righties saying the Recovery act cost 1 trillion it was 787 billion dollars. Check your math there’s a 213 billion dollar differences. finally, Republicans failed to admit that under Obama and the Recovery act in the bill there was the largest middle class tax cut ever! This included tax credits for clean energy, education, homebuyers, and child care.

Here’s the Recovery act as it was appropriated in Congress:

  • Aid to low income workers and the unemployed
    • Senate – $47 billion to provide extended unemployment benefits through Dec. 31, increased by $25 a week, and provide job training; $16.5 billion to increase food stamp benefits by 12 percent through fiscal 2011 and issue a one-time bonus payment; $3 billion in temporary welfare payments.
    • House — Comparable extension of unemployment insurance; $20 billion to increase food stamp benefits by 14 percent; $2.5 billion in temporary welfare payments; $1 billion for home heating subsidies and $1 billion for community action agencies.
  • Direct cash payments
    • Senate — $17 billion to give one-time $300 payments to recipients of Supplemental Security Income and Social Security, and veterans receiving disability and pensions.
    • House — $4 billion to provide a one-time additional Supplemental Security Income and Social Security Disability Insurance payment to the elderly, of $450 for individuals and $630 for married couples.
    • Conference – $250 one-time payment to each recipient of Supplemental Security Income, Social Security (Regular & Disability) Insurance, Veterans pension, Railroad Retirement, or State retirement system.
  • Infrastructure
    • Senate — $46 billion for transportation projects, including $27 billion for highway and bridge construction and repair and $11.5 billion for mass transit and rail projects; $4.6 billion for the Army Corps of Engineers; $5 billion for public housing improvements; $6.4 billion for clean and drinking water projects.
    • House — $47 billion for transportation projects, including $27 billion for highway and bridge construction and repair and $12 billion for mass transit, including $7.5 billion to buy transit equipment such as buses; and $31 billion to build and repair federal buildings and other public infrastructures.
  • Health care
    • Senate — $21 billion to subsidize the cost of continuing health care insurance for the involuntarily unemployed under the COBRA program; $87 billion to help states with Medicaid; $22 billion to modernize health information technology systems; and $10 billion for health research and construction of National Institutes of Health facilities.
    • House — $40 billion to subsidize the cost of continuing health care insurance for the involuntarily unemployed under the COBRA program or provide health care through Medicaid; $87 billion to help states with Medicaid; $20 billion to modernize health information technology systems; $4 billion for preventative care; $1.5 billion for community health centers; $420 million to combat avian flu; $335 million for programs that combat AIDS, sexually transmitted diseases and tuberculosis.
    • Conference – A 65% COBRA subsidy for 9 months will apply to workers laid off between Sept. 1, 2008 and Dec. 31, 2009. Those already laid off have 60 days to apply for COBRA.
  • Education
    • Senate — $55 billion in state fiscal relief to prevent cuts in education aid and provide block grants; $25 billion to school districts to fund special education and the No Child Left Behind K-12 law; $14 billion to boost the maximum Pell Grant by $400 to $5,250; $2 billion for Head Start.
    • House — Similar aid to states and school districts; $21 billion for school modernization; $16 billion to boost the maximum Pell Grant by $500 to $5,350; $2 billion for Head Start.
    • Conference – The Conference Report merged most education aid with the State Fiscal Stabilization fund (administered by the Department of Education)and gave power over the funds to each governor under voluminous restrictions. The Governor is “Required” to spend $45 billion of the money on education to restore funding to 2008 levels but the mechanisms to enforce state maintenance of effort at 2005-06 levels are complex and potentially impossible to implement.[21] Hard hit states such as Nevada cannot possibly find enough funds to get to the 2005-06 state funding levels for education.[22] Some states with no current budget cuts for education, such as Arkansas and North Carolina, may get nothing.[23] This will result in a monumental 50 state legal and political fight over how to re-budget to best take advantage of the Federal legislation. Many states will further reduce state funds for education to the 2005-06 minimum so these state resources can be used for other state priorities and the net gain for education will be far less than the total Federal appropriation.
  • Energy
    • Senate — $40 billion for energy efficiency and renewable energy programs, including $2.9 billion to weatherize modest-income homes; $4.6 billion for fossil fuel research and development; $6.4 billion to clean up nuclear weapons production sites; $11 billion toward a so-called smart electricity grid to reduce waste; $8.5 billion to subsidize loans for renewable energy projects; and $2 billion for advanced battery systems.
    • House — $28.4 billion for energy efficiency and renewable energy programs, including $6.2 billion to weatherize homes; $11 billion to fund a smart electricity grid.
  • Homeland security
    • Senate — $4.7 billion for homeland security programs, including $1 billion for airport screening equipment and $800 million for port security.
    • House — $1.1 billion, including $500 million for airport screening equipment.
  • Law enforcement
    • Senate — $3.5 billion in grants to state and local law enforcement to hire officers and purchase equipment.
    • House — Comparable provision.

 Taxes ($275 billion)

  • New tax credit
    • House— About $145 billion for $500 per-worker, $1,000 per-couple tax credits in 2009 and 2010. For the last half of 2009, workers could expect to see about $20 a week less withheld from their paychecks starting around June. Millions of Americans who don’t make enough money to pay federal income taxes could file returns next year and receive checks. Individuals making more than $75,000 and couples making more than $150,000 would receive reduced amounts.
    • Senate — The credit would phase out at incomes of $70,000 for individuals and couples making more than $140,000 and phase out more quickly, reducing the cost to $140 billion.
    • Conference- Tax Credit reduced to $400 per worker and $800 per couple in 2009 and 2010 and phaseout begins at $75,000 for individuals and $150,000 for joint filers. Note retirees with no wages get nothing.
  • Alternative minimum tax
    • House — No provision.
    • Senate — About $70 billion to prevent 24 million taxpayers from paying the alternative minimum tax in 2009. The tax was designed to make sure wealthy taxpayers can’t use credits and deductions to avoid paying any taxes or paying at a far lower rate than would otherwise be possible. But it was never indexed to inflation, so critics now contend it taxes people it was not intended to. Congress addresses it each year, usually in the fall.
    • Conference – Includes a one year increase in AMT floor to $70,950 for joint filers for 2009.
  • Expanded child credit
    • House — $18.3 billion to give greater access to the $1,000 per-child tax credit for low income workers in 2009 and 2010. Under current law, workers must make at least $12,550 to receive any portion of the credit. The change eliminates the floor, meaning more workers who pay no federal income taxes could receive checks.
    • Senate — Sets a new income threshold of $8,100 to receive any portion of the credit, reducing the cost to $7.5 billion.
    • Conference – The income floor for refunds was set at $3,000 for 2009 & 2010.
  • Expanded earned income tax credit
    • House — $4.7 billion to increase the earned income tax credit — which provides money to low income workers — for families with at least three children.
    • Senate — Same.
  • Expanded college credit
    • House — $13.7 billion to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.
    • Senate — Reduces the amount that can be refunded to low-income families that pay no income taxes, lowering the cost to $13 billion.
  • Homebuyer credit
    • House — $2.6 billion to repeal a requirement that a $7,500 first-time homebuyer tax credit be paid back over time for homes purchased from Jan. 1 to July 1, unless the home is sold within three years. The credit is phased out for couples making more than $150,000.
    • Senate — Doubles the credit to $15,000 for homes purchased for a year after the bill takes effect, increasing the cost to $35.5 billion.
    • Conference – $8,000 credit for all homes bought between 1/1/2009 and 12/1/2009 and repayment provision repealed for homes purchased in 2009 and held more than three years.
  • Home energy credit
    • House — $4.3 billion to provide an expanded credit to homeowners who make their homes more energy-efficient in 2009 and 2010. Homeowners could recoup 30 percent of the cost up to $1,500 of numerous projects, such as installing energy-efficient windows, doors, furnaces and air conditioners.
    • Senate — Same.
    • Conference – Same;
  • Unemployment
    • House — No similar provision.
    • Senate — $4.7 billion to exclude from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009.
    • Conference—Same as Senate
  • Bonus depreciation
    • House — $5 billion to extend a provision allowing businesses buying equipment such as computers to speed up its depreciation through 2009.
    • Senate — Similar.
  • Money losing companies
    • House — $15 billion to allow companies to use current losses to offset profits made in the previous five years, instead of two, making them eligible for tax refunds.
    • Senate — Allows companies to use more of their losses to offset previous profits, increasing the cost to $19.5 billion.
    • Conference – Limits the carry-back to small companies, revenue under $5 million
  • Government contractors
    • House — Repeal a law that takes effect in 2011, requiring government agencies to withhold three percent of payments to contractors to help ensure they pay their tax bills. Repealing the law would cost $11 billion over 10 years, in part because the government could not earn interest by holding the money throughout the year.
    • Senate — Delays the law from taking effect until 2012, reducing the cost to $291 million.
  • Energy production
    • House — $13 billion to extend tax credits for renewable energy production.
    • Senate — Same.
    • Conference – Extension is to 2014.
  • Repeal bank credit
    • House — Repeal a Treasury provision that allowed firms that buy money-losing banks to use more of the losses as tax credits to offset the profits of the merged banks for tax purposes. The change would increase taxes on the merged banks by $7 billion over 10 years.
    • Senate — Same.
  • Bonds
    • House — $36 billion to subsidize locally issued bonds for school construction, teacher training, economic development and infrastructure improvements.
    • Senate — $22.8 billion to subsidize locally issued bonds for school construction, industrial development and infrastructure improvements.
  • Auto sales
    • House — No similar provision.
    • Senate — $11 billion to make interest payments on most auto loans and sales tax on cars deductible.
    • Conference – $2 billion for deduction of sales tax, not interest payments phased out for incomes above $250,000.

http://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009

 

The U.S. economy…needs work.

There are several ways in which the U.S.can revitalize its economy. First, allow everyone inAmericato work. Second, reduce the long-term, structural deficit. Third, invest in key areas like education, clean energy, and energy idependence. Fourth, makes cuts in waste, fraud, abuse, and duplicative spending. Fifth, allow every American equal opportunity. Sixth, put in place government policies that truly will allow businesses to grow.

Creating Jobs

Many argue of the Republicans argue that the government can’t create job, but that idea is wrong. When the private market fails to produce jobs the government should employ people, but the private sector has failed their role. The government could put in place the CCC, or Civilian Conservation Corps. The government could give the 16 million unemployed Americans money to help them pay their mortgage and pay for food. But, the most ultimate win for creating jobs that most directly benefit the middle class are the establishment of unitization of the private sector. Unions are what have made America great. They allow for the American worker to fight for their rights for equal and higher pay and benefits including health and benefits. Unions aren’t destroyingAmericathey are making the American worker strong. I would agree to reduce the corperate tax rate down to 29%, but only if they agree to hire worker in a meaningful way. If the government enacts policy that business would benefit from the business should have the common decency to do something in turn for the government; and that is hire American workers. The government could incentivize the hiring of workers by providing tax benefits to those companies that hire.

Maybe Obama can create jobs? Hmmmm…

Reducing the Deficit

Reducing the deficit is a complex issue because cutting government spending certainly will have an impact on the economy’s ability to create jobs. (http://www.huffingtonpost.com/2011/08/01/unemployed-debt-ceiling-deal_n_914801.html -This link explains very clearly how governmental policy can negatively effect job growth.) Reducing the deficit in my opinion must occur three ways reducing health care costs, increasing revenue, but still investing in key services such as education, clean energy, research and development, and services to the poor. The more people out of work the most expanses that, and the increase in budget deficits, the government will face. In the long run the best way to reduce the budget deficit to have full or almost full-employment. The current debt deal will kill 1.8 million jobs according to analysis from the Center Economic Policy and Research. That is not a way to reduce the deficit. Also, health care cost factor into this debate. Medicare and Medicaid costs are rising just as health care premiums are rising. The best way to reduce the cost of health care? A single payer healthcare system where everyone can get health care insurance at a prince that they can pay. The government sets rates, the poor pay less and the rich pay more, and the government can negotiate prices to procedures and services bringing down costs. But since this option seems impossible during this current legislative session they’re other things we could do. The Affordable Care Act makes a good start in this area. Medicare doctors will now be paid for their ability to make their patients healthy rather than for every service they provide. Also, the Medicare program will charge surtax on the richest Americans to pay for the sustainability of the program. Also, having more people insured decreases the overall cost of the health care system. 31 million people will now have insurance. These proposals and many others will have a good impact on bringing down the deficit by 300 billion in the first ten years of this law alone. What more can be done? The policy of paying for patients speedy recovery rather than the services a doctor provides should be expanded to the private market; not just the public sector. This policy is called bundling. Also, the health insurance companies should be required to use all of their premiums collect to pay towards their patients who need services; they should only be allowed to pay their employers, and these companies should be making a profit! All in all, the most effective way to reduce the ballooning costs of the government sponsored health insurance programs is to make all Americans covered under these plans, and that would really reduce the deficit.

The deficit should also be controlled and brought down by increasing revenue to the government. I propose creating new tax brackets on the rich, and on the poor;

1-1000 = 1%     10,001-20,000 = 5%     

20,001-30,000 = 7%   30,001-35,000= 10%    

35,001-45,000= 15%    45,001-49,000= 22.5%    

49,001-69,000= 24%      69,001-145,000=34.5%    

145,001-250,000= 39.5%     250,001-500,000= 45%    

500,001-750,000= 49%    750,001-999,999= 55%

1,000,000-999,999,999= 75%+1,000,000,000= 91%DESCRIPTION

Also, any capital gains should be taxed as regular income for earners making over 250,000 per year. For anyone making under that amount the rate should be increased to 21.5%; raised from 15%. Deductions for those making over 250,000 per year should be eliminated, but the only loophole that could remain is if earners can prove they need help sending their children to college they should be eligible to receive the college tuition tax credit. Otherwise all loopholes for the rich should be eliminated. But, for the middle class the current tax credits should still be available.

The corperate rates in this country are terrible; is it fair that some companies get away without paying any taxes? (General Electric paid zero in taxes) Corperation should have to pay a fair income tax just like every wage earner. (The rich still need some help with this…) Get rid of loopholes. Make corperations pay a fair tax rate of 29%. But, if corporations refuse to hire workers and be patriotic they can handle paying the standard 35% in taxes.

Investments

Our country needs key investments.

Education needs to be reformed badly. We need to get the red tape out of the class room. Teachers are paid to teacher students. Local, state, and federal governments need to get out of the way; yes this is a Progressive saying this. But, funding should be increased to allow our schools to become great again. Put a surtax on the rich. Put a tax on luxury goods. Instead of state testing we need national testing. A test that will evaluate kids reading comprehension abilities, mathematic understanding, and writing skills. We need a national team of teachers to build a national framework for educational standards. These tests should only be given to students in 6th grade and 10th grade to test in these key times of development. We need to pay teacher more; the higher paid the teacher the more likely they will do their job well. We need to stop teaching towards the test and teaching towards success. The states need to stop hammering out rules. We need to federal government to partner with teachers, education, administrators from across the country to produce meaningful standards that make benchmarks for reading ability, reading proficency, reading comphrension, and writing ability. In math students should have to understand basic mathematic principles and apply them to real life situations.

Clean energy can be where real growth occurs in our economy. The jobs in this sector are growing and high paying. Solar panels, tide energy, wind energy, electric cars, solar cars, geothermal, and nuclear energy are all things the U.S.government should be investing in and promoting. There are two ways the government can help reduce its budget deficit and promote clean energy; a carbon tax and a gasoline tax increase. The carbon tax would stop much pollution among U.S.business and force these companies to innovate and find solutions to help them use less energy. While the revenue coming into the government from the tax in carbon would help fund development of new clean energy products. It seems a win, win situation. The companies don’t want to pay higher taxes, so they make what they do require less energy; innovation. And this is good for America. A gasoline tax, even though a regressive tax, would force many American to buy energy efficient cars which use less energy. But, individuals with incomes below 34,500 should be exempted from this tax. This would cause businesses and individuals to innovate how they use energy. Clean energy would putAmericatowards a strengthened future.

Fairness

We need a government that works for the American people. Tax Reform, along with investments are needed to bring American’s economy back from the brink. When taxes on the rich keep going down an down, but the wages of the middle class keep falling and falling while their tax rates remain steady something needs to be done. And these are just some starting ideas. More ideas to come!