Last week, I unveiled a central part of my Congressional campaign which focuses on restoring fairness in our country and ensuring equality of opportunity for all Americans through an initiative I call PayCan. To put it simply, every American, from the homeless to billionaires, will no longer be compelled to pay taxes and will instead contribute as they are able.
An integral part of this initiative is a clause that will tax all future earnings above $10 million per annum at 50% for every marginal dollar above that threshold and the top tax rate will be set at 95% for every dollar earned above $100 million per annum . Some will make the same stale argument that asking people who eat 18K gold lathered chicken wings and have yachts the size of city blocks to stop mooching on humanity is “class warfare”, which is akin to Harvey Weinstein accusing his victims of sexism.
The aim of PayCan is not to punish success, it is meant to disincentivize hoarding instead of rewarding abject selfishness. Over the past 14 years—ever since the same multinational corporation CEOs who imploded the global economy were rewarded for their criminality while homeowners were foreclosed upon by the millions—the wealth gap has widened into a chasm. While the likes of Bezos, Zuckerberg and Gates are throwing lavish parties and feeding their dogs healthier foods than most children receive in schools, the rest of us are barely keeping our noses above water while tens of millions of Americans have been sunk by poverty and homelessness.
On cue, less than a week after I announced my tax proposal, Joe Biden is set to release his tax scheme today that supposedly ensures that the “billionaire class pay their fair share”. The so-called “Billionaire Minimum Income Tax” would purportedly assess a 20% minimum tax rate on U.S. households worth over $100 million. I don’t know about you but when I look at my paycheck, at least 33% of it is subtracted from the top. In other words, Biden’s bamboozle will codify that billionaires pay less in marginal tax rates than our men and women in the military, teachers, janitors and you!
Of course, the very same politicians and pundits who are on the payroll of the neo-aristocracy are frothing at the mouth and pretending to be outraged at the “unfairness of it all”, which means Republicans will stand in staunch opposition thereby ensuring the death of this “courageous policy” that Biden knew was going nowhere the minute the White House leaked its details to the press.
The Beltway hoodwink has turned into the #BidenBillionareBamboozle just in time for the 2022 elections as @JoeBiden yet again rewards billionaires while punishing veterans, janitors, teachers and you. #Fikre4CongressTweet
I am running for Congress as an Independent who refuses to take a penny from publicly owned corporations precisely because I am sick and tired of being gaslighted and emotionally manipulated by these two equally corrupt and oligarch owned political parties. What has become very evident is that change will never come by way of Democrats and Republicans, parties that are prospering through the status quo will never deliver justice. Only by electing truly independent servants who experience our struggles can we ensure that our issues are heard and actually heeded by our government.
I ask you to compare my tax plan for America with Biden’s and ask yourself which one will address your day-to-day life. We have tried the “trickle down” approach championed by Republicans and executed by Democrats for decades, it is time that we implement policies that empower the working, middle and upper-middle class and alleviates the plight of the poor.
This much is true, only by giving the water of hope to the bottom of society can we ensure that all boats are lifted. Doing the opposite and enriching the wealthy while depressing the wages for the rest of us is not only deeply unamerican, it is profoundly immoral. You can find out more about my tax proposal by watching the video below where I explain the details of “PayCan”.