Progress Tripartite Flat Tax to Assault Wealth Gap

Old billionaires and millionaires swell the average income of the elderly over all. Most of the young don't accumulate their first million until after age 35, and so of us of course never achieve that milestone.

http://www.usatoday.com/money/economy/income/story/2011-11-06/wealth-gap-young-old/51098910/1

These sorts of headlines highlight congressional inability to employ right reasoning on making a nation work properly. The elderly are of course inclusive of the most wealthy, so the figures are quite inflated. neither do the statistics show the relationship of youth who are heirs to the wealthy. If Americans accept stupidity as their norm they shall have stupid government in default structured to reinforce the rich who will concentrate wealthy and provide pablum through their media to the masses.

A progressive flat tax would help to remedy the problem of increasing concentration of wealth and power in the U.S.A. Those earning more than 200,000 annually should be taxed a flat 70%. The middle class should pay a flat 20% and the poor a flat 1%. political decisions to reallocate public capital should be through legislative programs rather than through variable tax rates.

Though numerous legislative corrections to the U.S. political system are required to bring the nation to continual full employment, minimum guaranteed income and comprehensive medical coverage for all citizens and legal residents including securing the borders against illegal immigration, the most challenging and yet obvious task immediately available is to restore social security, medicare and medicaid as social safety nets with means tests requisite for using the public programs.

A nation that is as daft on public policy as the United States destroys its share of the ecosphere, incurs vast public debts, keeps college graduates underemployed, spends profligately on ill managed foreign wars, decays its moral constitution, allows wealth to be concentrated and so forth.

Public health for the poor at no cost is required for Americans of all ages. No program for a free public health service for the poor and all veterans now exists, and Americans through insurance, H.M.O.'s and other programs will continue to send their money abroad to foreign health service providers-completely idiotic non-pragmatic policies that Presidents as recently as Eisenhower and F.D.R. would have recognized and rejected for profligacy.