Western Democracy’s next renaissance can come from the combination of voting and taxation

Have you ever heard of the phrase “vote your wallet?” If you have, chances are you’re also familiar with Citizens United. That being said, I am espoused to the belief that America and eventually all of the Western World can continue to change for the better by altering how capital gains tax is applied and used by the government. At a rate of 15% (1/3 allocable and 2/3 non-allocable) the Capital Gains tax alone can and will raise trillions of dollars for the West.

How?

The idea could be sold as a new way for Vox Populi to be heard. Directly supporting the departments or programs they care about most by voting with the income they generate, subject to the new “allocable” Capital Gains tax, as designated on previous year’s tax returns.

From a list of departments on your tax returns, you can let the government know what to do with the 5% you control directly?

Indeed! The wealthy should see their holdings increase in value while the market is flooded with new investors. No one should be paying taxes on losses as they qualify for deductions. Income can become a function of citizens simply making their voices heard.

“This also means new voting rights for those restricted”

Totally. We may even be able to bring back the dollar menu :p