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Fix our economic inequities (as the Occupy movement highlights) without taxation thru a Capital Homestead Act

Created by R.W. on October 28, 2011

A Capital Homestead Act will level the playing field enabling all citizens to own new wealth-producing capital, through access to the very low interest credit that banks enjoy. This solves (without taxes) the structural unemployment problem that technology and offshoring induce, as the people earn income through their ownership in America (like 401K's). Like a super-ESOP (Employee Stock Ownership Plan), have the Federal Reserve help the little guy for a change. The TARP funds could have made millions of Americans shareholders, earning them a second income, and still have been paid back. Just as Lincoln empowered any American to own land, let 100% of Americans become capitalists. See CESJ.org for more information.

Economy & Jobs
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