Conservative Economics In A Nutshell
Objective: To redistribute all money and resources from the many and transfer that wealth into the hands of an elite few through any means necessary.
Buzzwords describing conservative economic policy: Corporate communism, conservative class warfare, welfare for millionaires, socialism for the rich but free enterprise for everyone else, depressions, recessions, job losses, low wages, cheap labor, no workplace rights,
How it works - 1) Raise taxes and fees on middle class. 2. Cut taxes for wealthy. 3. Take tax money collected from middle class and bailout the rich with welfare. 4. Repeat 1-3.
Quite frankly I'm sick of it. Capital gains taxes should be tripled. Income taxes on yearly wealth (including stocks and other assets) from 5 million to 100 million should be taxed at 70%. Yearly wealth from 100 million up should be taxed at 90%.
We also need a one time assets tax that would only apply to people with over 5 million dollars in assets. Big corporations (small businesses would be exempt from this as would 98% of most corporations) would have to pay an additional 2% tax on all gross receipts.
Want to fix America? I do. Obama's stimulus plan is 5% of what needs to be done. I want the other 95%.



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