Post by Chuck Storm on Mar 20, 2008 17:02:33 GMT -6
Do Americans truly believe in equal opportunity? This provocative book outlines an ambitious proposal to put our collective money where our rhetoric is: give every American a one-time grant of $80,000 when he or she reaches early adulthood. The money would be funded by an annual 2% tax on the nation's wealth, to be paid for by the wealthiest 41% of the country. The funds could be used for anything: education, home purchase, business investment.
Seriously, WTF? I could understand this if I had a big equity stake in Diageo and Best Buy or a number of on-campus bars, but if we're going to tax wealth, can't we think of better ways to spend the money?
