The Problem Of The 1 Percent?

     I am not a big fan of the rich, but I am a big fan of a high GDP, and country with the richest of rich tend to have the highest GDP's regardless of income inequality. Some say that income inequality is worse today than its's ever been but I disagree. Look at the peasant and king or the slave and the master or the proletariat and the bourgeoisie. Today's income gap is business as usual for the people of the world and that's something we just have to get over.

     That's not to say we can't do things better, for example i think the key to stopping class warfare is simple. Tax, a flat rate percentage tax regardless of income. It's that simple, the powers at be definitely know it but that is an issue that both parties can use for control and distraction.

   Another idea is a 22-25 percent tax on inheritance. This might sound outrageous but my military bonus is taxed at 22 percent and I risk violent death as opposed to some grandson of a billionaire becoming the 3rd generation of his family not doing anything but moving money to make it. Now as much as I would love to hand down any future wealth of mine to my family we must stop these people from coasting generation to generation providing nothing for our country.

     Massive corporate fines on things like environmental damage and worker abuse and currency related crimes is another to keep the rich working for their money. NO business is to big to fail and when we believe one is and support tax theft to bail them out we stop a better business from making its rise.

     In closing I don't hate the rich and neither should you. we should however make sure the rich have to work to stay rich.

   By Kevin Locks