Sunday, June 27, 2010

National Works Alternative Energy Program

by shpilk

In rough order of priority, here's what I'd be proposing in Congress.

Start with a national program.

Fund it by Federal surcharges on stock transactions, interest and dividend payments, profits from sales of property, taxation on Estates, and progressively apply these taxes. Here's a rough guide .. additional taxation for families making more than $100K/year add 1%, $250K/year 2%, $500K/year 3%, $1M/year 5%, $10M/year 10%, over $100M/year 25%. The rich will still be rich. They'll just be paying part of their fair share. Is that 'socialism'?

First, take these funds, and use them to hire Americans, using American made materials to upgrade, retrofit and reconfigure existing residential, government and business spaces to be more efficient. This will require labor, materials, technical management and engineering assets, it would employ unskilled as well as skilled labor. Our level of energy waste is horrendous and must be curtailed.

next ..



continued at Daily Kos....