A Modest Proposal
Here's the proposal: Let the greedsters who made a killing by bleeding us dry foot the bill for the bailout. You know Obama's proposal to let the Bush tax cuts expire, thereby allowing taxes to increase (sometime, eventually, maybe) for the wealthy in this country? It doesn't go nearly far enough. It's time for the neo-con river-boat gambling capitalists to make a little "sacrifice" for the good of the country, and I don't mean the few virgins they have locked in their various walk-in closets (or safes).
It's time to enact a universal (well maybe a "countrywide") salary cap on all Americans - I say a million dollars is enough. Hell, most of us won't accrue a million dollars over the course of an entire lifetime - despite the bill of goods I was sold when I set up my little retirement account during an inflationary period that was going to make impoverished millionaires of all of us. Actually, I think a net worth of a million total is enough, but for the sake of argument, let's just propose an income cap of a million dollars per year for every man, woman and trust-fund-baby in the US and tax the rest of their income at a mere 100%. That's right, enough is enough and a million bucks a year should be enough for anybody (we can write in an exemption for Paris Hilton).
Anything less would just allow the economic vampires to pass the burden on to their employees, or their customers, or their fans - whoever it may be that they're ripping off to pad their expense accounts and off-shore investments to a stupefying degree. Isn't a million dollars enough to pay the rent and put food on the table? If these clowns want to reinvest in salaries, factories, infrastructure, health insurance and whatever it takes to put American workers back to work, I think it's safe to assume there will be tax deductions aplenty to accommodate their long overdue "trickling down" so that we will no longer get golden showers while they get golden parachutes.


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