posted on Sep, 25 2011 @ 10:44 AM
I don't think the OP's idea is reasonable or well-founded. Let me offer my own 'new rules outline':
1. Taxes --- manufacturing, agriculture, industrial R&D are taxed at lower rates (since we desperatley need to retrun this to the USA); money made
through investing, other than retirement-based vehicles, is taxed up-the-wazoo since this contributes nothing to the country as a whole; money sitting
in static 'investment pools' is taxed up-the-wazoo (we want money to be put to work).
1b. Taxes, inheritance --- beyond a threshold determined by the country's median estate size, taxed at a set rate with exemptions for amounts placed
directly into individual named college/education trust accounts, health savings accounts, care for the elderly trust accounts and the like. Allow
people to help their families but not create/endorse the 'idle rich'.
2. Investment rules --- stocks/bonds are directly tied to raising capital for businesses; speculation is either ended or taxed until your eyes
3. Job-jacking --- any company that establishes locations outside the USA has to file financials on all of their activities both domestic and
non-domestic; they cannot deduct any expenses accrued by activities associated with non-domestic locations. They are, however, taxed on 100% of the
revenue they make regardless of where. Any company whose financial activities are disproportionately non-domestic get taxed up-the-wazoo. In the
event that some disaster occurs in a non-domestic location (social unrest, natural disaster, etc.) that requires assistance from the US government
(read: tax payers), that assistance will be provided at RETAIL COST to the corporation.
4. Legal standing --- corporations are NOT people
5. Lobbying --- all lobbying has to be done in a public forum or a certified transcript of all meetings has to be posted online. Any non-listed or
private meetings constitutes a felony and the politician, lobbying firm and the lobbying firm's client are fined (up-the-wazoo), politician is
automatically impeached and the lobbying firm's license is revoked.
6a. Politicians, credentials --- In order to run for public office all candidates have to pass a basic skills/knowledge test designed and
adminsitered by the private sector (say a collection of political science, ethics, economics, psychology and sociology professors from multiple
universities). The results will determine not only their right to get on the ballot but which committees they can serve on if elected. In addition,
they have to pass criminal, drug/alcohol and financial screening; no dual citizenship.
6b. Politicians, behavior --- Misleading, misrepresenting or lying to The People is a felony; They can be held personally laible for financial
malfeasance; polticians are legally obligated to represent the 'will of the people'.
6c. Politician compensation --- First, term limits; pensions are calculated based upon the average private sector pension over the course of the
politician's term; annual pay is some factor of the median income for that politician's district; benefit package (health care etc.) is paid for
just like the rest of us do.
6d. Political campaigns --- campaign 'war-chests' are capped --- everyone gets the same amount from a common pool. Campaigns themselves are run
like professional sports --- set schedules, season beginning and end. No more two-party stystem. Campaign promises are legally binding
7. Banking and finance --- banks are held to strict limits on investment and leverage; loan instruments (mortgages, auto-loans, etc) cannot be sold
and must be held by the originating institution; Mega banks are broken-up to local banks.
8. Economic growth --- businesses are incented to grow (via tax rates and some partial subsidies for critical businesses); those tax rates increase
after an established threshold is reached as the business gains market share within its sector; we want businesses to grow but we want to maintain
competition and prevent hegemony within any sector.
9. Military --- to be used exclusively for defense and protecting the immediate interests of the USA; no more geo-political influence peddling and
10. Social programs --- we need a safety net system. Businesses are required/incented to hire a certain number of jobless; all physically/mentally
capable people receiving assistance must engage in some form of suitable 'community service'; part of corporate tax revenues funds a public
11. The Federal Reserve --- do I really need to say it?
It's an uncomfortable and controversial issue but one of the largest sources of social instability in the world today is the dispartity of wealth
between the rich and poor. It's pervasive and the root of most of the unrest both now and what is to come. People should have the ability to
prosper relative to their effort but there is a threshold beyond which the society as a whole suffers.