Justice Option
by William Floyd, PDWA
Temporary Income Maximum Excise - T.I.M.E.
Whereas the majority of Republicans in the 212th Congress signed allegiance to the Club for Growth's rejection of all Revenue sources for Federal government expenses. This is a violation of their Oath of Office to Defend the Constitution (raise necessary funds for the U.S. Government).
Be it resolved, that for a temporary period of two (2) years, all personal income and capital gains in excess of $2,000,000. (2 million dollars) annually, shall enjoy an Income/Capital gains Tax rate of 100%.
Furthermore, all pay, salaries, or bonuses, stock option payouts, foreign delivery schemes, as well as any other future compensation, stock, pay or bonus, intended or unintended to circumvent this timely Law, shall be punishable as a 20 year felony under the United States Code.
This T.I.M.E. legislation is submitted to the Progressive Caucus 9-5-11 as the
'Justice Option'
by Union executives, shop stewards and Democratic Party leaders of the
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