We CAN AND SHOULD change our federal tax laws to encourage cash rich corporations and individuals to invest in a new type of Jump Start America Bonds to improve our transportation infrastructure, create jobs and jump-start the growth if America.
We CAN AND SHOULD change our mortgage laws to assist homeowners with under-water mortgages by reducing the principal amount of their mortgages and end the housing crisis.
We CAN AND SHOULD change the federal income tax laws to treat income earned in the form of a carried interest for managing other people’s money as ordinary income.
We CAN AND SHOULD change the federal estate tax laws to limit the use of foundations and require all taxpayers to pay an estate tax of at least 20% of their assets in excess of $10 million dollars.
We CAN AND SHOULD change our federal securities laws to prevent traders from time-to-time acting like robber barons by manipulating stock prices downward.
We CAN AND SHOULD increase our defense spending to strengthen our security and grow our economy.
We CAN AND SHOULD modify our healthcare system to fairly reward healthcare providers for making available the highest quality care which achieves the best outcomes; offered and equitably distributed at a cost which is affordable by the corporations, individuals and governments who are paying for it.
We CAN AND SHOULD regulate our banks to limit their risk taking to enable them to maintain strong balance sheets and provide needed banking services for their customers in an equitable manner.
Perpetuation American Greatness After The Fiscal Cliff discusses how we can accomplish each of these goals.