Free Republic

To pay off the ~$21 trillion dollar federal debt, which amounts to about $60,000 per American, it is probably necessary to have annual federal wealth taxation. It is best to introduce the federal wealth tax when asset values are high, so a smaller percentage of rich people's assets have to get taxed to pay off the national debt. The tax might be levied upon the total of net personal property financial holdings and the equity in real property. The rates might be: 1% on the equity in real property habitually resided in by the filer(s), 2% on the equity in...

"...true Zionism involved emigration to Palestine, working with out own hands to 'redeem' and build up the country, and create there a model society based on social, economic and political equality...." "David Ben-Gurion Looks Back"-In talks with Moshe Pearlman published 1965 "For united we stand, divided we fall" As sung by "The Brotherhood of Man" (1970) Jeremy Corbyn, the socialist style Labor Party leader in the UK reminds me of what "Labor" and "Socialist" parties used to stand for. The people who work for a living were deserving of protection from big business and more communal way of living was...