When politics triumphs over common sense, chaos reigns.

American politics is defined as the exchange of money for the power to influence the use of government force.

Based on a 2014 World Bank study[1] the world’s fertility rate for child bearing females dropped in 187 out of the 190 countries surveyed for the time period of 1960 to 2014.  With so many countries reporting drops in fertility rates, there is the possibility that world population will begin to decline.  This observer believes that most economists use population demographics to predict economic growth with more workers paying more taxes.  What happens when there are fewer workers due to robotics?  The TV news reported that Microsoft’s co-founder Bill Gates has suggested that when a robot replaces a human, the robot is taxed.  This is an excellent idea and gives the government money it needs to function when a country’s population is declining.  It also negates the excuse that immigrant workers are needed to maintain a healthy economy.  The European Union appears to have used that immigration logic when they opened their borders to over a million mostly Muslim refugees who are not assimilating into their destination countries.  Who knows what the future holds for Europe?  The economists should–but probably won’t–develop declining population economic models.

If you are sick of hearing politicians complain about how the rich–who in reality pay most of the taxes collected now—do not pay their fair share of taxes, maybe it is time start taxing wealth. It is my understanding that this wealth tax must be called a tax to be legal.  This tax would in fact be a “thank you for the opportunity” tax that recognizes that an individual is able to accumulate great wealth because of our constitutional republic system of government and the individual’s freedom to pursue personal goals.

Businesses are already taxed, so this new wealth tax would not apply to them, but institutional value and personal net worth wealth would be. Foundations, many of which stray from their original purpose after the originator passes, grow in value and are infiltrated by persons who use those collected and accumulated monies to pursue a political agenda.  When the foundation toe is dipped into politics, taxes should and must be paid and the foundation must be liquidated. It is also suggested that there should be a sunset provision for all foundations.  The same analogy can be used for university endowment funds when the university diverges from pure education.

The suggested yearly tax rates for a million dollars of value or net worth is 1%, a tax rate of 2% for a value or net worth of a billion dollars and a 5% tax rate for a trillion dollar value or net worth. These tax monies would be paid to the U.S. Treasury for the sole purpose to help pay down the national debt.  It would need a Constitutional Amendment to pass because after what the Federal Government did to the Social Security Trust Fund, they CANNOT BE TRUSTED WITH THESE COLLECTED MONIES.

The lack of congressional progress in implementing President Trump’s health and tax reforms and recent federal court decisions are prime examples of why we need to pass Accountability and Federal Judiciary Amendments to the Constitution. We can’t let work that must be done and laws to be passed interfere with congressional recesses, can we?  The political hack federal judges don’t give a damn about the Constitution because they think they are smarter than the founding fathers and will change the Constitution to suit their personal agenda.  If you agree with activism, then you can expect interpretation of the Constitution to change every 5-10 years as every constitutional issue is revisited by different judges.  When the Constitution is changed every 5-10 years, the public begins to believe that the law does not need to be followed because it will soon change; therefore, ignore all the laws and do what you want to do.  When that happens and it is close to happening now, that ladies and gentlemen is anarchy.

Your professional politician Member of Congress is counting on you forgetting what you dislike about him or her before the next election so that member can get re-elected. If you truly want to have input into how we are governed, the country needs the Revised Accountability Amendment (March 19, 2017 post) enabling the public to remove federal officials and overturn laws and court decisions, and The Federal Judiciary Amendment (March 31, 2016 post) which removes federal judge lifetime appointments and replaces them with a single elected 10 year term.  All politicians will vigorously oppose both amendments because it makes all government immediately accountable to the public with serious consequences for lying and actions that damage our citizens and country.

[1] http://data.worldbank.org/indicator/SP.SYN.TFRT.IN