Mr President Obama
Patrick Henry said. "Taxation without Representation is Tyranny". American Elections no longer provide representation because campaign contributors receive the representation of those elected
This has resulted in 1/6th of 1% of Americans earning 50% of total American national annual income.
Former Federal Reserve Chairman Alan Greenspan in the first book he has win America doesn't stop, then America will go the same way as Communism.
The present depression can only be overcome if restitution is made to the poor and middle class for the reosurces of our country that have been systematically transferred to the rich
A 15% capital gains keeps the rich rich because they have little or no income upon which to pay a tax, while the middle class has 100% of their income subject to taxes as high as 40% and social security taxes on all of the average income . The middle class has almost all of their income subject to sales tax, while the rich spends only a small part of their income. If a W2 worker drives to work, better bring their lunch because neither is deductible. If you are an employer you drive and lunch are deductible and so are your vacations. If you are a campaign contributor you have access to government contract awards. Lately it's become a tactic to recontract our defense budget for troops to private companie owned by former "Seals" and "CIA" (Black Water) who get paid $930 per day per man for troops and who pay their men $350 per day.Your kids who inlist d on't make that kind of money. Not only do the rich not pay their fair share of taxes, they actually find watys legally to have those whose campaigns they funded, transfer your taxes back to the rich through programs ike Black Water.
Private 1st through 8th grade schools now provide the children of the rich with very good educations for $25,000 per year per student. That has solved the education problem., but not for you.
Lobbyists are the gophers for the wealthy campaign contributors which asures congressional loyalty.
Replacing private funding with federal funding of campaigns is essential to fixing and changing this injustice and inequity. Only such a level playing field will restore the imbalance in resource distribution of our nation. It is the only way to return ownership of the nation to the people.
OTHER RESTITUION TOOLS TO RETURN A SHARING IN THE REOSURCES OF OUR COUNTRY MORE EQUITABLY
1. aaminimum ANNUAL estate tax with possible credit for any capital gains tax.
2. reduction in state CONSUMPTION sales taxes.
3. Let Japan have the auto business in return for financing employment RETRAINING programs for the displaced workers. Same for other products and China.
4. Buy all foreclosures for current estimated appraised value of 25% to 50% of unpaid balances.
5. Bank bankruptcies are unavoidable no matter how much you pour down this drain. Start Nationally owned banks with government salary limitations.
6. Let present home occupants continue occupancy of foreclosed properties with rental payments to the government OF 31% OF THEIR INCOME. with option to buy. Replace occupants with new ones when they are willing to pay higher rents.
7. There is nothing socialist about correcting past economic injustices. You can fix America for all Americans. Temporarily that 1/6 of 1% , a minority, has to experience some reverse dilution in order to correct past tax injustices with reverse transfers..
8. The poor can paint each others walls of homeless shelters, but that won't restore to them their fair share of this country's resources that unfair taxes have redistributed to that 1/6th of 1%. capital redistribution has to be part of this change.
9. Eliminating income taxes for $8 per hour minimum wage earners.
10. Consider also paying the social security taxes of $8 per hour workers with estate tax revenues from the top 1/6th of 1%. Reverse distribution programs.
Change of injustice requires reversal through restitution. You won. It will require the use of power. There will be no volunteers amongst those representing the vested interests. You alone presently represent the American people. Remember that.
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Take back what belongs to the American people.
The truths they hold to be self evident are that taxation without representation justifies revolution. It's a known injustice. Follow your conviction. Weakness and uncertainty are your enemy. It's a tough job but you are the one selected to do it. Do it Mr. President
Count on the 1/6th of 1% fighting and resisting and undermining you at all cost.
They intend to keep what they have at any price. They like a company store with serfs and royalty. They figure they will be dead before justice is done or another revolution inevitably takes place. You hold the future in your hands.
The people believe in you Mr. President. I do
You know what has to be done.
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