On December 25, 2012, Zachary A. Goldfarb writes in The Washington Post that Democrats are seeking a deal to avert the year-end “fiscal cliff” are trying to etch into stone the signature economic achievement of Republican President George W. Bush by permanently extending tax cuts enacted during his tenure.
If only the Democrats would put the same energy into seeking “right to own” legislation that would insure that EVERY American––child, woman, and man––can accumulate a viable income-producing capital estate as NEW ownership of FUTURE productive capital investment in America’s growth of technological innovation and invention via owning assets embodied in business corporations such as productive land, resources, human-intelligent machines, super-automation, robotics, biorobotics, digital computerized operations, etc.
The current tax cuts should not be a long-term, permanent enactment. Instead the focus should be on OWNERSHIP CREATION with the resulting benefit of JOB CREATION, with EVERY American participating in the growth of the economy as capital owners as well as labor workers where needed. Thus, the taxable base would be stronger and broader enabling us to pay off the national debt and turn deficits into surpluses.
The solution is to enact the Capital Homestead Act ( http://www.cesj.org/homestead/index.htm and http://www.cesj.org/homestead/summary-cha.htm)
Sign the Petition at http://signon.org/sign/reform-the-federal-reserve.fb23?source=c.fb&r_by=3904687
Sign the WhiteHouse.gov petition at https://petitions.whitehouse.gov/petition/reform-federal-reserve/PhY3Jswk
